Contract Tab Project Management>Project Central

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Overview

Contracts (and Budgets if equal to Contracts) are managed from the Contracts tab. Currently only Fixed Fee projects are supported.


 

Field Descriptions

Contract Toolbar

•Contract = Budget - Sets the budgets equal to the defined project contracts
•Level - Selects the project level contracts are to be entered at
•Amount - Allows the user to roll up the contract amounts from the defined project budgets
•Percent Complete Formula - Applies user defined percent complete formulas to contract grid. This also represents the percent complete formula for fixed fee invoicing.

 

Contract Grid

•Path - Path of the Project
•Name - Name of the Project
•Project Long Name - Name of the project including the concatenation of the lower nodes of the project.
•Cap - Labor Cap Amount.
•Contract Amount - Fixed Fee Amount on Project
•Percent Complete - Percent Complete that is adjusted for billing.
•% of Fee - Percentage the fee is of the total fee.
•BTD % - Bill to Date percentage.

 

Contract Detail

This chart simply reflects a visual representation of the information in the Contract Grid.