Project Inquiry window calculations Content provided by Microsoft Applies to: Dynamics GP 2010Dynamics GP 2013Microsoft Dynamics GP 2015Dynamics GP 2016 More Select Product Version All Products TechKnowledge Content SUMMARY This article explains the calculation of the different fields in the Project Accounting Project Inquiry window (Inquiry | Project | Project).MORE INFORMATION Here are calculations for the fields in the Project Inquiry window. The numbers listed are for each cost category.1. Estimated Revenues = Forecast Billing Amount. This comes from the Budget Detail Entry window (Cards-Project-Project-Budget-highlight cost category and click on the expansion box)2. Estimated Profit = Forecast Billing Amount – Forecast Total Cost. Also comes from the Budget Detail Entry window.3. Revenue Earned = Amount of revenue that is earned. When this field gets updated depends on the project type:a. Time and Materials/When Performed – when the cost transaction is postedb. Time and Materials/When Billed – When the cost transaction is billedc. Fixed Price/Cost Plus – When Revenue Recognition4. Total Costs Incurred - Updated when a cost transaction is posted.5. Cost of Revenues - This is recognized cost. When this field gets updated depends on the project typea. Time and Materials/When Performed – When the cost transaction is postedb. Time and Materials/When Billed – When the cost transaction is billedc. Fixed Price/Cost Plus – When Revenue Recognition is run6. Gross Profit/Loss = Revenue Earned – Cost of Revenues7. Billed to Date = Total Billings to Date8. Est. Cost to Complete = Estimated Revenues - Estimated Profits – Total Costs Incurred.This article was TechKnowledge Document ID: 25380 Last Updated: 10 Mar 2017 Was this information helpful? Yes No Tell us what we can do to improve the article Submit Thanks! Your feedback will help us improve the support experience.