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Estimating Revenue
Project and Job Costing handles revenue estimates differently, depending on the project type:
For fixed price projects, you enter the fixed price you will charge your customer on the Totals tab of the Project Maintenance screen. When you change the project status to Open, this amount appears as the revenue for the current estimate.
Project and Job Costing also calculates a revenue amount based on the markup percentage specified for the project and the estimated costs for each category (on a basic project) or resource category (on a standard project). If necessary, you can change the total revenue amount for a category or resource category as long as the project has an Estimate status. This revenue amount remains as part of the original estimate when you open the project.
For cost plus projects, the program automatically calculates the estimated revenue based on the cost plus percentage and the cost estimates you enter for each category.
To have the program calculate the cost plus percentage, you can enter a revenue amount for each category (on a basic project) or resource category (on a standard project).
For time and material projects, the program automatically calculates the estimated revenue depending on the billing rate and the quantity you enter for each category (on a basic project) or resource category (on a standard project).
If you prefer to have the program calculate the billing rate, you can enter revenue amounts for each category or resource category.
"For fixed price projects, you enter the fixed price you will charge your customer on the Totals tab of the Project Maintenance screen. When you change the project status to Open, this amount appears as the revenue for the current estimate. "
On the totals tab where am suppose to enter the fixed price is grayed out i cant enter the revenue amount.
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