Versions Compared

Version Old Version 8 New Version 9
Changes made by

Marc-André Thibodeau

Marc-André Thibodeau

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
Div
stylewidth:100%
idkt-documentation-section
aligncenter
HTML Table
cellpadding10px
Table Row (tr)
Table Cell (td)
width70%
valigntop
Div

Anchor
Revenue
Revenue
Non-consulting revenues are all revenues that a project can generate other than the revenues generated by billed worked hours. They can include sales, interests received on investments, etc. The are categorized in two broad Categories: Operating and Non-operating. Non-consulting revenues can be single occurrence ones or recurrent. Recurrent revenues can also be amortized in which case the amount associated with received payments will be evenly split on the payment period.

Anchor
Category
Category
Categories

Operating

Income derived from sources related to a company's everyday business operations. For example, sales, consulting services incomes.

Non-Operating

The portion of an organization's income that is derived from activities not related to its core operations. Non-operating income would include such items as dividend income from investments, gains incurred due to foreign exchange.

Anchor
Recurrence
Recurrence
Revenue Recurrence

Non-consulting revenues can be defined to be recurrent using the Recurrence dialog that appears when clicking the Edit link of the Recurring field in the revenue edition dialogs. See Recurrence for more information.

Recurrent revenues can be amortized in which case their received payments will be evenly spread upon their recurrence period. For instance, a monthly amortized revenue of 1,200$ that is defined to recur for 1 year will result in 12 received payments of 100$ each occurring once a month. See the Revenue Calculation section below for more examples on amortized expenses.

Anchor
TimeFrame
TimeFrame
Revenues and Folio's Timeframe

Include Page
Calculations and Folio Time Frame Notes
Calculations and Folio Time Frame Notes

Anchor
RevenueCalculation
RevenueCalculation
Revenue Calculation

The amount of a non-consulting revenue is calculated by multiplying its payment amount by the number of payments. 

Code Block
Amoun = Number of payments x Payment amount

The number of payments depends on the recurrence definition for that revenue and the Folio's time frame.  Only revenues occurring (inclusively) between the Folio's start and end dates (see Folio Configuration) are taken into account. 

Note also that non-working days are not taken into account (e.g. a rent income won't be skipped if the incurrence date is a holiday).

Panel
titleExample 1 - Recurrent revenue

Amount: 100$

Recurrence definitionMonthly on day 1, from 1/Feb/2014
Folio time frame1/Jan/2014 to 1/May/2014
Number of payments4 (February 1st, March 1st, April 1st and May 1st)
Payment amount100$
Cost 4 x 100$ = 400$
Panel
titleExample 1 - Amortized recurrent revenue

Amount: 100$ (amortized)

Recurrence definitionMonthly on day 1, from 1/Feb/2014
Folio time frame1/Jan/2014 to 1/May/2014
Number of payments4 (February 1st, March 1st, April 1st and May 1st)
Payment amount100$ / 4 = 25$
Cost 4 x 25$ = 100$
Table Cell (td)
width30%
valigntop
Panel

On this page:

Panel

Related pages:

Style
#breadcrumb-section {
  	margin-bottom: 10px;
}
#breadcrumbs li,
#breadcrumbs li a{
  	color: #999;
}
#main-header {
 	margin: 10px 0 0;
}
#title-text a {
  	color  : #3B73AF   !important;
}
 
.page-metadata 
{
  transition         : opacity .25s ease-in-out;
  -moz-transition    : opacity .25s ease-in-out;
  -webkit-transition : opacity .25s ease-in-out;
}
.page-metadata 
{
  opacity       : 0;
  margin        : 0 0 30px;
}
 .page-metadata:hover 
{
  opacity       : 1.0;
}
#title-text {
	font-family: "kulturista-web",sans-serif;
	font-weight: 300;
	font-size: 40px50px;
	line-height: 75px;
	padding-bottom: 5px
}
#splitter-sidebar img{    
	top: 17px; 	
	position: relative;
}
#splitter-sidebar h1 { font-size: 1.2em; margin: 0; padding-bottom: 20px; padding-top: 0;}