Forum Discussion
JeremyJvR_Project
May 06, 2024Copper Contributor
Project Desktop - Actual vs Remaining Costs
Good day, I have an issue with either my installation or my brain. I always used project this way and never had an issue before. I have costs resources with a estimated cost allocated to a ta...
JeremyJvR_Project
May 07, 2024Copper Contributor
I am using 2403 (Build 17425.20176 CTR) Edit: just did an update to 2404 (Build 17531.20128 CTR), Problem still persists
Yes sorry, I mean Cost Type resource as this is a flat fee quoted and charged
No the task is not 100% complete, the contractor is claiming a portion in advanced (Yeah, I know). So if the original cost and baseline cost is $1000 and the claim is $300 with the task at let's call it 40% then surely the remaining cost should be $700?
JeremyJvR_Project
May 07, 2024Copper Contributor
I think I found the issue. The "accrue" for that resource is set to "End" as that is where the invoice should happen. When I change it to "prorated" the calculation works, but then screws my financial forecast. Please tell me there is a way around this, other than creating milestones linked to the task?
- John-projectMay 07, 2024Silver ContributorJeremyJvR_Project,
Sorry but "screws my financial forecast" doesn't tell us anything useful. And what do you mean by, "is there a way around this"? What exactly are you looking for?
If it is a cost resource and it is supposed to accrue at the end (i.e. final invoice with no progress payments) then yeah, entering an actual cost will "reset" the cost parameters. I guess a way around this faux pas would be to break the item into two parts, one for the first "invoice" payment and the other for when the task is complete.
John