Percent Complete Examples
Simple examples of how revenue can be allocated to time cards based. Each example assumes 1000 of revenue is being allocated across two resources.
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Hours
Each hour worked earns the same amount of revenue.
Resource | Hours Worked | Allocated Revenue |
---|---|---|
Jim | 5 | 500 |
Sally | 5 | 500 |
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RDC
Each hour worked is associated with an RDC value. Revenue is then apportioned based on the relative weight of the RDC amount. In this case Sally earns twice as much as Jim and is allocated twice as much system revenue.
Resource | Hours Worked | RDC Rate | Allocated Revenue |
---|---|---|---|
Jim | 5 | 50 | 333 |
Sally | 5 | 100 | 667 |
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Contract Revenue
Each hour worked is associated with a contract value. Revenue is then apportioned based on the relative weight of the contract amount. In this case Jim is billed four times as much as Sally and is allocated four times as much system revenue.
Resource | Hours Worked | Contract Rate | Allocated Revenue |
---|---|---|---|
Jim | 5 | 400 | 800 |
Sally | 5 | 100 | 200 |