New view option “ETC/EAC management” is added on the existing Fee management form. This view option will be available when “Activate ETC/EAC management” parameter is set as “Yes”. New fields will be initialized only when the “ETC/EAC management” view option is selected on the Fee management form. New menu item is created to open and initialize the “Fee management” form directly as “ETC/EAC management” on the projects form.

When Rollup totals by parent project parameter is marked, Parent projects that contains sub-project will be displayed with bold text, and they will be non-editable. All the values will be rolled up and displayed on the parent projects.

Go to Project management and accounting > Projects > All projects > Fee management tab > ETC/EAC management

Details of the fields available on ETC/EAC management form are as follows –

Fields Description
Project ID Defaults from the selected project.
Project name Defaults Project name.
Fee type Defaults from the attached project group.
Sales currency Defaults from the project.
Contract value Editable field if contract management is not turned on. Used to enter the contract value for the selected projects. This field will be disabled for projects with fee type as ‘None’.
Contract hours Editable field if contract management is not turned on. Used to enter the contract hours for the selected projects. This field will be disabled for projects with fee type as ‘None’.
Revenue Show the revenue generated so far for the selected project.
Actual hours Shows the actual hour transactions posted for the selected project.
Actual cost Shows actual cost amount posted from all project transactions. This field is visible only when ETC/EAC calculation method” is set as “Cost”.
% Revenue completed Show the actual % completed for the selected projects based on what’s already billed and work in progress.
Estimated % completed Shows the estimated % completed for the selected projects based on actual hours/cost posted and estimated at completion hours/cost.
ETC hours Shows sum of hours from all hours forecast transactions related with Project Id and Forecast model set on the project contract/parameter. This field is visible only when ETC/EAC calculation method” is set as “Hours”.
ETC cost Shows sum of cost from all hours forecast transactions related with Project Id and Forecast model set on the project contract/parameter. This field is visible only when ETC/EAC calculation method” is set as “Cost”.
EAC hours Shows sum of ETC hours and actual hours posted for the selected project. This field is visible only when ETC/EAC calculation method” is set as “Hours”.
EAC cost Shows sum of ETC cost and actual cost posted for the selected project. This field is visible only when ETC/EAC calculation method” is set as “Cost”.
Hours over budget Shows the hours when estimated at completion hours is more than the contract hours. This field is visible only when ETC/EAC calculation method” is set as “Hours”.
Estimated revenue deviation % This field shows the estimated revenue deviation percentage for the selected project. This is calculated considering estimated % complete and revenue completed.
Estimated revenue deviation amount This field shows the estimated revenue deviation amount for the selected project. This is calculated considering contract amount and Estimated revenue deviation.

Details of the fields available on Project totals form are as follows –

Fields Description
Contract value Editable field if contract management is not turned on. Used to enter the contract value for the selected projects. This field will be disabled for projects with fee type as ‘None’.
Contract hours Editable field if contract management is not turned on. Used to enter the contract hours for the selected projects. This field will be disabled for projects with fee type as ‘None’.
Revenue Show the revenue generated so far for the selected project.
Actual hours Shows the actual hour transactions posted for the selected project.
Actual cost Shows actual cost amount posted from all project transactions. This field is visible only when ETC/EAC calculation method” is set as “Cost”.
% Revenue completed Show the actual % completed for the selected projects based on what’s already billed and work in progress.
Estimated % completed Shows the estimated % completed for the selected projects based on actual hours/cost posted and estimated at completion hours/cost.
ETC hours Shows sum of hours from all hours forecast transactions related with Project Id and Forecast model set on the project contract/parameter. This field is visible only when ETC/EAC calculation method” is set as “Hours”.
ETC cost Shows sum of cost from all hours forecast transactions related with Project Id and Forecast model set on the project contract/parameter. This field is visible only when ETC/EAC calculation method” is set as “Cost”.
EAC hours Shows sum of ETC hours and actual hours posted for the selected project. This field is visible only when ETC/EAC calculation method” is set as “Hours”.
EAC cost Shows sum of ETC cost and actual cost posted for the selected project. This field is visible only when ETC/EAC calculation method” is set as “Cost”.
Hours over budget Shows the hours when estimated at completion hours is more than the contract hours. This field is visible only when ETC/EAC calculation method” is set as “Hours”.

Last modified: 26 July 2021

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