Forecasting Project Revenue
If you use the Sales Order Revenue Forecasting feature with the Project Management feature, you can forecast revenue from variable schedules. This includes revenue from projects on sales orders and return authorizations. Forecasting project revenue helps you understand projected revenue that will be recognized in the future for each project.
For example, say you want to view the revenue forecast for the current fiscal year. Some revenue is associated with variable schedules on projects that are in various states of completion. By associating each project with a revenue recognition template, you can forecast project revenue based on the schedule produced by the associated template.
To forecast project revenue, each project must be associated with a standard revenue recognition template. You can then forecast revenue based on that schedule. See Associating a Revenue Recognition Forecast Template with a Project.