Overview
The Overview Tab displays project to date figures for the select project(s). These figures are displayed in both grid and chart format.
Field Descriptions
The grids displayed reflect live project to date information. By double clicking any of the grid fields, details are dynamically displayed in the Details screen. If you double-click on any blue figure and the Detail section will populate with the detail that makes up the figure. The project to date information is broken into 3 time buckets - Current, YTD and Total. Here are the time frames that those buckets cover:
• | Current - All transactions that fall between the Start Date and End Date of the Current Invoicing GL Period. The current Invoicing Period is set in the Accounting Periods applet. |
• | YTD - All transactions that fall between the Fiscal Year Start Date (GL Period starting with 01 for the year that the current invoicing period falls in) and End Date of the Current Invoicing GL Period. The current Invoicing Period is set in the Accounting Periods applet. |
• | Total - All transactions that go against that project for all time. |
Profit & Loss Window (Section)
• | Other Billed - Transactions that go against a "Other Revenue" GL Account. Other Revenue refers to the Metric Type assigned to the GL Account in General Accounting>Chart of Accounts |
• | Earned - Transactions that go against either the "Billed Revenue" or "Other Revenue" GL Accounts. Billed Revenue and Other Revenue refer to the Metric Type assigned to the GL Account in General Accounting>Chart of Accounts |
o | Job Cost Less Pay - If Job Cost Less Pay is selected, the amount comes from the Time Sheet transactions. It takes the Job Cost amount of each time sheet transaction and subtracts the Pay Cost Amount to get the Overhead. You must be using Job Cost Rates for this to work. |
o | Overhead Allocation - If Overhead Allocation is selected, the amount comes from an overhead allocation script that was run from the Overhead Allocation applet. More on Overhead Allocation |
o | None - Returns a blank as this value. |
• | Profit - The Profit amount is determined by the following calculation [Earned + Other Billed + Late Fee] - [Bad Debt] - [Cost] - [Overhead] |
• | Net Billings - The Net Billings line subtracts any Retainage, Bad Debt or Other Revenue from Billed. |
• | Effective Labor Multiplier - Labor Effort / Labor Cost |
• | Labor Pay Cost - Labor cost at the Pay Rate |
• | Labor Job Cost - Labor Cost at the Job Cost Rate |
Profit & Loss (Section)
• | Hours - Work hours from Time Sheets |
• | Budget - Total Labor Budget + Other Direct Charges (ODC) Budget + Out of Contract Consulting (OCC) Budget + In Contract Consulting (OCC) Budget amounts. These are added in Project Administration>Project Planning |
• | Effort - Labor and/or Cost charges at the Billing Rate |
• | Consultant Effort - Consulting cost at the "Marked-Up" rate. |
Accounts Receivable (Section)
• | A/R - Transactions that go against GL Accounts with a Sub-ledger type of Accounts Receivable and that do NOT have a Metric Type of Unbilled Revenue or Work in Progress. |
• | Received - Amounts entered in the Receipt Journal |
• | Unbilled - Transactions from Time sheets, Purchase Journals, Employee Reimbursable's and Disbursements that have a status of Ready-to-Bill (R) or Hold (H) |
• | Retainer - The current Balance of the Retainer on the project. Retainer is determined by transactions that go against a "Retainer" GL Account. Retainer refers to the Metric Type assigned to the GL Account in General Accounting>Chart of Accounts |
• | Retainage - The current Balance of the Retainage on the project. Retainage is determined by transactions that go against a "Retainage" GL Account. Retainer refers to the Metric Type assigned to the GL Account in General Accounting>Chart of Accounts |
• | Write Off - Transactions from Time sheets, Purchase Journals, Employee Reimbursable's and Disbursements that have a status of Write-Off (W) |
Overview Charts
• | The fully customizable charts display relevant project to date information helpful to Project Planning and Management. To see how to cuse Analytic Dashboards in place of your charts, CLICK HERE |
Detail Grids
• | The Detail grid contains the detail that makes up figures displayed in the Overview grid. |
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