Project Expenses

The Project Expenses view is used to enter estimated and actual project expenses. All estimated expenses are stored in this view. You can quickly reference the estimated expenses to ensure that the actual expenses for a project are on budget.

Use the action of Calc Actual Expenses, you can get know of how much has been spent in the expense category of the project.

How to use this view:

In the tool bar, you can clone, add or delete items. In the table part, you can select any item, and edit it by using actions in the popup menu.

Field Description Table

Field

Description

*Project The project that the expense will be associated with. To add or edit a project go to the Projects view in the Projects category.
*Expense Category The Expense Category that the expense will be associated with. To add or edit an Expense Category go to Expense Categories view in the Advanced category.
Start Date The start date the project expense happened. Start date and end date determine the period of the project expense happened. If the end date is empty, then the system assumes this project expense just happened in one day.
End Date The end date the project expense happened. Start date and end date determine the period of the project expense happened. If the end date is empty, then the system assumes this project expense just happened in one day.
Description Text to describe the project expense.
Budget Hours The hours estimated to take.
Budget Billing Budget to bill client.
Budget Costs The expense estimated cost.
Budget Expense Budget expense.
Actual Hours Total actual hours spent in this project expense.
Actual Billing Total actual billing to client of this project expense. It is calculated by the following formula: Actual Billing = Sum Of (Client Cost). Client Cost is attribute of actual expense entry.
Actual Costs Total actual cost of this project expense. It is calculated by the following formula: Actual Costs = Sum Of (Amount) Amount is attribute of actual expense entry.
Actual Expense Total actual expense of this project expense. It is calculated by the following formula: Actual Expense = Sum Of (Amount + TaxA + TaxB) . Amount, TaxA, TaxB are attributes of actual expense entry.

Hints:

The fields marked with * are required fields. When add a new entry, you need fill something in these fields.
Table View integrates a lot of buttons for easy operation, click here to learn them.
Clone can easy of entry item. Just select an item, use the action of Clone to clone, and create a new entry with the same settings.
Switch to the appropriate tab to add Notes, Phones and Addresses if have.

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