Spread Project Budget or Forecast Amount
Explanation
Cost or revenue spreading is typically performed on a budget/forecast
line when the Estimated to Complete (ETC) cost or revenue needs to be
allocated into specific time periods where they are most likely to occur. It
will be possible to manually spread cost or revenue into accounting periods,
as well as receive assistance in distributing the budgeted or forecasted
amount using predefined spreading profiles. It is only possible to spread the
part of the ETC that is not connected to a resource forecast or a contract change
order.
When spreading with a profile, the following options are available;
- Use Spread Profile from Line: This option spreads cost or
revenue as defined on the budget/forecast line.
- Override Spread Profile on Line: This option enables the selection and entry
of spread profiles different from those defined on the budget/forecast line.
The cost/revenue spread amounts can be viewed and modified in
Forecast Spread Details.
Prerequisites
- A project budget/forecast line with an ETC amount, which has not only
been generated from resource forecast connections, should exist.
- The Cut-Off Date specified on the project budget/forecast version
should reside on an accounting period that exists for the company of the
project.
System Effects
- The adjusted part of the ETC amount is spread over the accounting periods
between (and including) Start Date and End Date.
- The Spread Profile option is selected to indicate that the cost/revenue
has been spread into accounting periods.
- The ETC Spread Date Exception is switched on if there exists
amounts spread outside the Start Date and End Date.
- If the Start Date and End Date are not specified, the
system will fetch them from the Project work breakdown structure based on
start and end dates of the Project, Sub Project and Activity of the budget/forecast
line.