In this simple example, the fixed fee is $1000. The entire amount is invoiced and work has not yet begun.
Complete % is the same as earned %, it is your stage progress as indicated by your project manager expressed as a percentage. As a value however, this two are slightly different- complete % is multiplied to fee, while earned % is multiplied to budget.
Like in a spreadsheet, when an amount is in parantheses ( ), this amount has been deducted from the stage.
|Complete % changes to 50|
|New unearned income amount||500|
|Credit note on invoice||100|
|New unearned income amount||400|
|Complete % changes to 90|
|New unearned income amount||0|