Managing earned revenue in Aspire helps track financial performance over time. By updating the earned revenue percentage for work tickets, accounts receivable teams can gain insights into revenue generated each month.
This guide provides step-by-step instructions to modify and analyze earned revenue in Aspire.
Process Flow
1. Open Aspire Tab and Go to Work Tickets
- Log in to Aspire and navigate to the main dashboard.
- Go to the “Work Tickets” section to search for the relevant work ticket using the assigned Opportunity Number or Contract Number.
2. Enter Your Work Ticket Number
- Use the search bar to enter the work ticket number and find the specific job-related ticket.
3. Click on the Work Ticket and Access Options
- Once the correct work ticket is located, open it and access additional options by selecting the three dots next to the “Save” button.
4. Edit Earned Revenue Option and Add Revenue Month and Amount One by One
- From the dropdown menu, choose “Edit Earned Revenue” to update the revenue details.
- Enter the revenue details by adding the month and corresponding revenue amount.
- Click “Save” to apply changes.
5. Click Save to Save the Work Ticket
- Ensure all updates are stored by clicking “Save” on the work ticket.
6. Reopen the Same Work Ticket, Go to Edit Earned Revenue, and Then Edit and Increase Revenue Amount
- Reopen the work ticket, navigate back to the “Edit Earned Revenue” option, and adjust the revenue amount as needed.
7. Click Save and Save the Work Ticket
- After making the necessary changes, click “Save” again and confirm the updates by saving the work ticket.
8. Review Revenue Percentage Updates
- The updated revenue amount will reflect in the earned revenue percentage, showing the increase compared to the previous month.
By following these steps, users can efficiently track and update earned revenue in Aspire. This process ensures accurate financial insights, allowing accounts receivable teams to monitor month-over-month revenue changes and make informed decisions.
Download a PDF version of the job aide here.