Page 51 - Unanet GovCon Using Billing Revenue - Participant Guide ebook

Advanced Costing: allows you to apply variable target or provisional indirect rates to
individual projects or tasks within a project.

The Advanced Costing property must be enabled for the system. When enabled,
projects can then be enabled with the Advanced Costing field on the Project >
Accounting tab. If Advanced Costing rates are added to the project, then these rates are
used instead of the rates in the project cost structure. The Billing & Revenue Post uses
Advanced Costing rates when applicable:

• Billing Type CP: For actual rates, the bill rate and revenue recognition rate will
use the rates from the Advanced Costing cost structure. For target or provisional
rates, the post process will use the Advanced Costing indirect rates.

• Billing Type FP: If the option for the completed percent selected is "Total Cost +
Burdens" and the posting option chosen is target or provisional, the indirect rates
will be sourced from the Project’s Advanced Costing rate structure.

• Expenses: For target or provisional rates, the post process will use the Advanced
Costing indirect rates.

Advanced Costing field on the Project > Accounting tab:

Admin > Setup > Cost Structures:

LESSON 4 REVENUE RECOGNITION
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