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What does Budgeted units in Expenses tab denote

1 reply [Last post]
Thu, 2010-06-10 07:36
Haresh Jayanth
User offline. Last seen 6 years 40 weeks ago. Offline
Joined: 24 Aug 2006
Posts: 219
Groups: Building Information Modelling, GPC Qatar
Why we have Budgeted units in Expenses tab..since expenses tab are used to enter cost only, whose cost are not inputed in the resources.

So what does budgeted in expenses tab signifies...

regards,

Haresh
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Replies

Thu, 2010-06-10 18:06
#1
Rodel Marasigan
User offline. Last seen 4 days 15 hours ago. Offline
Joined: 25 Oct 2006
Posts: 1699
Groups: Petro-Chem / Oil & Gas
Haresh,
Expenses are non-resource costs associated with a project and assigned to a project’s activities like facilities, Stationary, Administration, travel, consulting, training etc… They are typically one-time expenditures for non-reusable items and that’s why the default entry is cost and equivalent to rate/cost. You can always modify the rates and budget units for cost items that are quantifiable. Expenses cost is being manage at Project-> Expenses and cost category at Admin-> Admin Categories-> Expenses Category and cost account at Enterprise-> Cost Account.
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