Related topics
This panel displays an overview of the project/quotation budget per cost code. When a project is printed, an initial budget is created from all existing project element lines. If the initial budget is maintained, the changed budget values are saved in a log file. The historical changes of the budget can be viewed in the Project budget history enquiry.
The following types of changes can be made to the initial budget:
- Changes to the initial budget
You can either increase or decrease the amount of the budget. - Internal transfers
You can transfer amounts between the cost codes that are connected to the project. To do this you enter a positive amount for the cost code to which the amount is to be transferred, and a negative amount for the present cost code. - Forecast
You can change the forecast for a cost code. - Completion percentage
You can change the estimated completion percentage of the project.
The project system parameters are used to set up the link between the Manufacturing budget columns and the Financial budget columns.
Function keys
| System/Project currency | Toggle between system and project currency. |
| View budget history | View the project budget history. |
- Customer
- Status
- The code indicates the status of the project/quotation.
- Project
- Curr
- The code indicates the currency in which the budget values are displayed. Note: Click System/Project currency to toggle between the currencies.
Currency Description PROJ Project currency SYST System currency
- Exch
- The fixed exchange rate of the project/quotation currency.
- Description
- The description of the project/quotation.
Total Proj
The following fields show the total values of the whole project/quotation.
- Init budget
- The initial budget of the project/quotation as it was at the first printout (i.e. status is set to 20).
- Act budget
- The actual budget of the project. This contains the total of initial budget, change orders and internal transfers.
- Change orders
- The positive or negative amount indicates how much the budget has been increased or decreased.
- Intrn transf
- The amount indicates how much has been transferred internally between cost codes. A positive amount is entered for the cost code to which the amount is to be transferred, and a negative amount for the present cost code. The total of the transfers on project level must always be zero.
- Forecast
- The forecast of the project, including the total forecasted cost of the cost code.
- Cmp%
- The estimated completion percentage of the project.
- Actual cost
- The actual cost of the project. This is built up by reporting services, activities and item lines on the project (cf “Project follow up”).
- Reason for change
- The text indicates the reason for the changed budget figures. The text is saved in the Budget history file.
Cost codes
The following fields show the total values per displayed cost code.
- Init budget
- The initial budget per cost code.
- Act budget
- The actual budget per cost code. This contains the total of initial budget, change orders and internal transfers.
- Change orders
- The positive or negative amount indicates how much the budget has been increased or decreased.
- Intrn transf
- The amount indicates how much has been transferred internally between cost codes. A positive amount is entered for the cost code to which the amount is to be transferred, and a negative amount for the present cost code. The total of the transfers on project level must always be zero.
- Forecast
- The forecast of the cost code.
- Cmp%
- The estimated completion percentage of the project.
- Actual cost
- The actual cost of the cost code. This is built up by reporting services, activities and item lines on the project (cf “Project follow up”).