Overview tab

Enter and maintain estimates.

General tab

View general information about the transaction in addition to hour rates based on estimated, accumulated, and total amounts.

In the P&L Structurefield group you can view the value-added factor and the markup factor. The value-added factor is the value-added amount as a percentage of the revenue. The markup factor is the gross margin as a factor of the total costs.

Profit and loss

View the amounts that will be posted to profit and loss accounts if the estimate is posted now.

WIP

View the amounts that will be posted to WIP accounts if the estimate is posted now.

Consumption

View the cost of hours, items, and expenses that were consumed on the estimate lines.

Hour rate

View the estimated, accumulated, and total hour rate of the estimates.

Totals

View information about current, remaining, and total estimates.

Cost Estimate

View the cost lines for an estimate.

Create

Create a new estimate.

Calculate

Calculate an estimate.

Delete

Delete an estimate.

Post

Post an estimate to the General ledger.

Reverse

Reverse an estimate.

Eliminate

Eliminate an estimate.

Reverse elimination

Reverse the elimination of an estimate.

Ledger

Select from the following options:

• Posted– View posted estimate lines.

• Reverse– View reversed estimate lines.

Version

When you create a new control period, version number 1 is entered in this field. The version number only changes if an existing line is reversed.

Forecast model

The forecast model attached to the current control period. Forecast models are not mandatory information about control periods.

Manual calculation

The percentage of completion can be calculated manually or automatically. The calculation type is defined on the control type.

The value in this field can be edited if you select manual calculation in the Completion methodfield in the Cost template form.

Hour - Qty.

The number of hours posted to profit and loss accounts.

Value-added hour rate

The value-added amount per hour.

Period code

The period code that is used as a reference.

Estimate date

The ending date of the period.

Estimate status

The status of the project.

Recalculation

If you change the estimate lines of the control period, this check box is selected. Click Calculateto recalculate the estimate.

Completion method

Specifies whether the percentage of completion can be changed manually.

Automatic calculation

The percentage of completion displayed in this field cannot be edited.

The percentage of completion can be calculated manually or automatically. The calculation type is defined in the Completion methodfield in the Cost template form.

Posted

The voucher number in the ledger.

Ledger date

The transaction date.

Reversed

The voucher number in the ledger.

Ledger date

The transaction date.

Eliminate to

Define whether the WIP value should be transferred to a fixed asset, a ledger account, or a new project.

Ledger account

Use this Extended data type ( AccountNum) to define the length and adjustment of the ledger account. Alphanumeric characters are allowed.

1. Enter the length of the longest possible ledger account number.

2. Select between left adjusted and right adjusted.

Note
The adjustment type is important for sorting the accounts in the Chart of accounts form.

Fixed asset number

Use this Extended data type ( AccountNum) to define the length and adjustment of the ledger account. Alphanumeric characters are allowed.

1. Enter the length of the longest possible ledger account number.

2. Select between left adjusted and right adjusted.

Note
The adjustment type is important for sorting the accounts in the Chart of accounts form.

Project

Use this Extended data type ( ProjIDBase) to define the length and adjustment of the project number. Project numbers are alphanumeric.

1. Enter the number of characters of the longest possible project number.

2. Select left adjusted or right adjusted.

Category

The default category.

Line property

The status of the transaction.

Quantity

The number of units for the transaction line.

Cost - Hour

The amount debited to the cost account and generated by Hourtransactions. For more information, see About cost.

Cost - Item

The total amount debited to the cost and item cost accounts generated from Itemtransactions. For more information, see About costand About item cost.

Total cost

The total amount debited to the cost, item cost and accrued loss accounts generated from Hour, Item, and Expensetransactions. For more information, see About cost, About item cost, and About accrued loss.

Cost - Expense

The amount debited to the cost account generated from Itemtransactions. For more information, see About cost.

Accrued loss

The amount debited to the accrued loss account generated by the estimate system from an Itemtransaction. For more information, see About accrued loss.

WIP - Cost value - Hour

The amount debited to the cost value account when you post the estimate. For more information, see About WIP cost value accounts.

WIP - Accrued loss

The amount debited to the accrued loss account when you post the estimate. For more information, see About WIP accrued loss accounts.

Total WIP cost

The sum of capitalized costs and accrued costs.

WIP - Cost value - Expense

The amount debited to the cost value account when you post the estimate. For more information, see About WIP cost value accounts.

WIP - Cost value - Item

The amount debited to the cost value item account when you post the estimate. For more information, see About WIP cost value item accounts.

Consumption

The total amount debited to the cost value accounts generated from Hourtransactions. For more information, see About costand About WIP cost value accounts.

Not capitalized

The amount debited to the cost account generated from Hourtransactions. For more information, see About cost.

Consumption

The total amount debited to the cost value accounts generated from Expensetransactions. For more information, see About costand About WIP cost value accounts.

Capitalized

The negative amount of postings to the cost value account. For more information, see About WIP cost value accounts.

Not capitalized

The amount debited to the posting cost account generated from Expensetransactions.

Consumption

The total amount debited to the cost value accounts generated from Itemtransactions. For more information, see About costand About WIP cost value accounts.

Capitalized

The negative amount of postings to the cost value item account. For more information, see About WIP cost value item accounts.

Consumption

The total amount consumed on Hour, Expense, and Itemtransactions.

Capitalized

The total negative amount of postings to balance accounts.

Not capitalized

The total amount debited to item accounts generated from Hour, Expense, and Itemtransactions. For more information, see About costand About item cost.

Capitalized

The negative amount of postings to the cost value account. For more information, see About WIP cost value accounts.

Not capitalized

The amount debited to item accounts generated from Itemtransactions. For more information, see About costand About item cost.

Actual cost amount

The actual costs in the current period. The cost value is based on transactions entered for the current project.

Remaining cost amount

The remaining costs in the current period. The cost value is based on transactions entered for the current project.

Elimination output

By setting the length of this Extended data type ( AmountMST), you can control how many characters should be available for all Amountfields that inherit from this type.

The standard display length is set to 20 characters, and 20 decimals. If the Decimalsfield is set to 0, the default Windows setting is used.

Adjust the Display lengthand Decimalsto meet the following considerations:

• The need to display large amounts.

• The currencies that the company uses.