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Project 
Costs
can be used to forecast and track capital and expenses that are not related
to costs reflected in time sheets.
The Costs folder
contains a copy of each version of the project cost sheets, throughout
the history of the project. At any given time, only the most recently
published cost sheet is in effect. The current cost sheet can be viewed
by using the left side tree view (see above) or by clicking on the Costs link in the Current Project Status
area of the project menu (see below).
Effective Date: The date/time of when this object was created. This is set by TeamHeadquarters and cannot be changed.
Cost Item: This drop-down list is used to categorize the costs (e.g. Salaries, PC Hardware, etc.). These options are identical to the Type field used in Budgets.
Amount: The dollar amount of the budget line.
Cap: Check this box if the cost is for capital spending. Unchecked, it represents a non-capital expense.
Planned: Units: The number of units of this cost expected by the end of the project.
Planned: $/unit: The estimated cost per unit.
Planned: Total: The planned number of units multiplied by the estimated cost per unit.
Actual: Units: The actual number of units of this cost incurred to-date.
Actual: $/unit: The actual cost per unit.
Actual: Total: The actual number of units multiplied by the actual cost per unit.
Comments: A free-form text area for describing the cost item. Use the Edit button to produce an input screen, as shown, to enable the full comment to be seen.
Click on the desired project to open its main menu.
Click Revise beside the Costs link on the right side of the project menu. This will open a new Costs edit page, initialized with the most recent Costs information.
Add new entries one at a time by filling in the top Cost line and clicking the Add button to add the new entry to the bottom of the page.
Edit any existing costs entries (as required) at the bottom of the page.
Click the Save button.
Project Costs