Beruflich Dokumente
Kultur Dokumente
(Internal)
Project Management And Accounting
Create send
Enter Time and Review
and confirm
Expenses Manage Profitability Analyze Cash
quotations Create Project
Forecasts and Flow
Contracts
Budgets
Detailed Steps
NOTE: After project creation you should be inside the details of your project. Make sure you are in edit mode.
Header
Phase1 Phase2
Process special accounting requirements.
Example: Client requests you to bill for T&M during a FP project.
FP
T&M
Grouping the project history
Example: Ability to understand additional work on top of the initial project and group their financials.
Customer
Site
Install 1 Install 2
Service Service
Work Work
1. Parent Project Parent
2. Child Project (subproject)
3. Header Project
Parent/Child Parent/Child
Contoso wants to use project 00000095 as their template and use it to create a new project for City
Manufacturing using an existing project contract (00000089) as the terms.
2. Use the Template to create a new Time and Material Project for City Manufacturing.
a. From the Action Pane, select the Project Tab. In the New group select the Copy Project button.
b. The Copy Wizard should open, select the Next button.
c. Click the Template field, select 00000095 as your template value.
d. Click the Naming field and select Use New.
e. Enter City Manufacturing – Report Development.
f. Select the Next button.
g. Enter the Projected Start Date: 9/1/2016
h. Enter the Project End Date: 10/1/2016
i. Delete all other date values.
j. Enter the Project Contract ID: 00000089
a. Select the Next button.
b. Select the Next button.
c. Select the Next button.
d. Click the Activities Toggle so it displays as Yes.
e. Select the Next button.
f. Select the Next button.
g. Make note of the Project ID. Select the Finish button.
h. Open Project Management and Accounting > Projects > All Projects.
i. Search for your project.
Project Stages
Created Estimated Scheduled In Process Finished
• Overview
• Navigation
• Project Creation
• Project Hierarchy
• Project Numbering
• Copying Projects
• Project Stages
Project Type Overview
External Internal
Time &
Fixed Price Investment Internal Cost Time
Material
Time and Material
• Invoice based on Material, Labor and Expenses consumed for a
period in time.
• Ability to track cost in WIP accounts.
• Ability to accrue revenue.
Examples: Construction, Product Development, Consulting
NOTE: Project Transaction with the Type item pull their cost/sales
prices from trade agreements and properties of the released
product.
Sales Price Models
• Qty: Amount entered is the sales price
• Contribution Ratio: (100 * cost price) / (100 - ContRatio)
• Charges Percentage (cost plus): (Cost price * (100 + pricing%) / 100)
• Charges Amount: (Cost Price + Charge Amount)
Scenario
Contoso Consulting USA has decided to provide its Developer Training externally. They know that the cost to Contoso
is $75 an hour to consume a Development Training Resource and they want to have a standard billable rate of $140.
Detailed Steps
1. Create a new Line Property called: CHG_OT
a. Open Project Management and Accounting > Setup > Line Properties > Line Properties.
b. Click the New button.
c. Enter the Line Property: CHG_OT
d. Enter the Name: Chargeable Overtime.