Page 9 - Unanet GovCon: Managing Project Execution and Control - Participant Guide (ILT)
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All costs are collected through various transactions created in the system. Depending
on the criteria selected in a report that displays profit, costs may be found in one of a
few system areas:
When reporting on Plans, the cost source for labor is the hour in the People plans and
direct cost entries in the Expense plans. When reporting on People Assignments or
Expense Budgets, the cost source for labor is the hours in the People Assignments
and direct cost entries in the Expense Budgets. When reporting on Actuals, labor costs
are derived from hours recorded in timesheets and non-labor costs are created through
expense report entries, vendor invoice entries, and journal entries.
Tour 1.1 – Review Project and Task Settings by Billing Type
Examine Unanet’s recommended configurations for managing revenue and
profitability by billing type at the Project and Task levels. Log in as the Project
Manager, Paloma Mangus (pmangus/welcome) to view the relevant Project
screens to understand how revenue is calculated by billing type.
Tour Highlights
• Part 1: Time and Materials (TM)
• Part 2: Cost Plus (CP)
• Part 3: Fixed Price (FP)
LESSON 1: PROJECT SETTINGS BY BILLING TYPE
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