Defining Revenue Billing Lines for Percent Complete
Access the Contract Billing Line Detail Revisions form.
- BL (billing line)
Enter E to define a percent of billing revenue line.
If you are defining billing lines for a contract that you entered in the Create/Edit Advanced Contracts program (P52G01M), the system generates a warning if the billing line type does not match the revenue method on the funding level contract.
- Schedule of Values
Enter the amount that you expect to bill, which is typically the funded amount for the funding level contract.
- Rev % Cmpl (revenue percent complete)
Enter the percentage used for revenue calculation. The system calculates revenue by multiplying this percentage by the schedule of values, less any previously recognized revenue.
- Rev Elig Status (revenue eligibility status)
Select a value from user-defined code table 52/RE to indicate the eligibility status for revenue generation. You complete this field only on revenue billing lines. Values are:
Blank: The revenue billing line is a recurring line.
O: The revenue billing line occurs one time only.
S: The revenue billing line is suspended.
These values are hard-coded.
- Inc Excess Lines (include excess lines)
Enter Y or 1 to indicate that excess billing lines (lines created for amounts that exceed contract limits) should be included in revenue calculations. You can include excess billing lines in revenue calculations by using this flag or by selecting the excess billing line in the Revenue Billing Line Cross Reference program (P5217). If you enter N or 0, the system does not include excess lines in the revenue calculation.