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Overview
The Recalculate Markups utility allows the user to recalculate the markups on non-labor project cost transactions. The ability to recalculate markups is used when the markup is set on a project or expense code after transactions have already been entered. To recalculate markups, the user must have permission (via the Permissions applet in the Administration module).
Key Concepts
| • | Project Override Expense for ODC (Other Direct Charges) and CNS (Consultant Expense), can be set at any level of the WBS (Work Breakdown Structure). |
| • | Setting the Markup at lower levels will override higher levels (e.g., task overrides phase, phase overrides project). |
| • | Access the Markup Overrides by right-clicking on the Project Name in the Project Explorer (in the Projects Applet). Accordingly, the Markup fields on the Exp/GL tab have been removed. More on Project Setup |
Note: In order to access the Recalculate Markups Applet, you will need to have permission via the Permissions applet, located in the Administration Module.
Field Descriptions
Limit Transactions By (Dates)
| • | Do Not Limit - Does not limit the recalculation by a date range |
| • | Transaction Date Range - Allows for the user to select a transaction date range to filter the transactions to be recalculated. |
| • | Period Range - Allows for the user to select a period range to filter the transactions to be recalculated. |
Limit Transactions By (Expense Codes)
| • | Do Not Limit - Does not limit the recalculation by a date range |
| • | Expense Codes - Allows for the user to select an Expense Code to filter the transactions to be recalculated. |
| • | Expense Group - Allows for the user to select an Expense Group to filter the transactions to be recalculated. |
Statuses To Include
| • | Ready - When checked, time line items with a bill status of Ready to Bill will be included. |
| • | Hold - When checked, time line items with a bill status of Hold will be included. |
| • | Never Billed - When checked, time line items with a bill status of Never Bill will be included. |
| • | Billed - When checked, time line items with a bill status of Billed will be included. |
| • | Write Off - When checked, time line items with a bill status of Write Off will be included. |
Include PM Types
| • | ODC - When checked, the recalculation includes expenses that are Other Direct Charges. |
| • | OCC - When checked, the recalculation includes expenses that are Out of Contract Consultants. |
| • | ICC - When checked, the recalculation includes expenses that are In Contract Consultants. |
Only This Project (leave blank for all)
Lookup - Here you can select a specific project for which to recalculate markup or leave blank for all projects.
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