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plan revenue,plan cost

Former Member
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Hi All,

i am new to PS Module. i want to detailed infoamtion what is plan revenue,plan cost,actual revenue,actual cost,backlog bill/invoice, cte revenue, sales in excess of invoices,billing in excess 0f sales,gross margin, sga,net margain, net retention.

Thanks & Regards,

chandras.

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Planned Cost:

Cost that is expected incur in the project over the project life cycle. It is planned before start of the project. There could be revision to orginal plan during the life cycle.

Actual cost:

Cost the that is actual is incurrred in the project. for example Material Cost from PO and services cost from service entry.

Planned revenues:

Revenues that is expected to billed to Customer over the project life cycle.

Actual Revenues:

What is actually billied to the Customer.

Venkat

Edited by: VenkatSrinvas Konda on Oct 23, 2008 10:46 AM

Answers (2)

Answers (2)

Former Member
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Net Retention:

Retention which is due as on date. Usually in long term contracts client may hold the some % of the payment and will be payed after some duration of project completion.

Venkat

Former Member
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