Monument

Adding Revenue Items to Tasks

How to create revenue items on tasks to define how project income is calculated.

Overview

Revenue items define how income is calculated for each task. Every task that generates revenue needs at least one revenue item — whether it's rate-based, fixed, or formula-driven.

Adding a Revenue Item

  1. Open a task on the Schedule or from the Projects page.
  2. In the property panel, go to the Financials tab (or section).
  3. Click Add Revenue Item.
  4. Choose the calculation type:
    • From Allocations — hours × billing rate
    • Fixed Amount — enter a specific dollar amount
    • Formula — write a formula expression
    • Percentage of Parent — percentage of the parent task's revenue
  5. Configure the type-specific settings (see below).
  6. Click Save (or the item saves within the schedule's change tracking).

Configuring Each Type

From Allocations

No additional configuration needed. Revenue is automatically calculated from:

  • Allocated hours on this task
  • The billing rate of the allocated resource

Revenue updates as you add or modify allocations.

Fixed Amount

Enter the amount in your project's currency. This is the total revenue for the task, regardless of time spent.

Formula

Enter a formula expression. Available references:

  • total.hours — total allocated hours on this task
  • total.costs — total cost items on this task
  • total.expenses — total expense items on this task
  • Other item slugs — reference specific items by their generated slug

Example: total.hours * 120 calculates revenue at $120/hour.

Percentage of Parent

Enter the percentage (e.g. 25 for 25%). Monument calculates the amount from the parent task's total revenue.

Revenue on Parent Tasks

Parent tasks (phases, stages) default to showing the sum of children — aggregating revenue from all their child tasks. You can also add direct revenue items to parent tasks, which are combined with the child rollup.

Visibility

Each revenue item has a visibility toggle. Hidden items are excluded from totals but remain in the configuration. This is useful for:

  • Temporarily excluding an item during what-if analysis
  • Keeping a record of an item that's no longer relevant

Reordering Revenue Items

Drag revenue items to reorder them. Order affects the display in the financials panel and can matter for formula evaluation (formulas reference items that are calculated before them).

What's Next