Revenue
Revenue and margin from approved work.
Revenue events derived from approved timesheet hours and placement rates, with cost and margin — posted once per timesheet and traceable to the hours behind them.
What it solves
Revenue figures assembled in spreadsheets drift from the work actually delivered. Revenue in Xelium One is calculated from approved hours and agreed rates, so every figure can explain where it came from.
Key capabilities
Revenue events
- Amount = approved hours × billing rate
- Cost = approved hours × pay rate, and the margin between them
- Currency from the placement
- A timesheet is posted once — posting it again returns the same event
Control
- Only managers and administrators post revenue
- Amounts can't be typed in; they are derived
- History of every change
How it works
- 1
Approve hours
A timesheet is approved.
- 2
Post revenue
Choose the approved timesheet; amount, cost and margin are calculated.
- 3
Invoice and reward
The revenue can be invoiced and used for incentives.
Connected with Xelium One
- Timesheet
- Approval
- Revenue
- Margin
- Invoice
- Incentive
- TimesheetsRevenue comes only from approved timesheets.
- Invoicing & ReceivablesRevenue is invoiced to the client.
- Incentives & CommissionsPosted revenue is the basis for incentive calculations.
Also part of the Xelium Finance subscription: Incentives & Commissions, Invoicing & Receivables.
Who it's for
Finance
Post revenue from approved timesheets without re-keying numbers.
Leadership and account managers
See revenue and margin by placement.
Common questions
Can someone change a revenue amount by hand?
No. Revenue is calculated from approved hours and placement rates. To change it, the underlying record has to change.
Start with Revenue
See it alongside the other modules you might need.