Expenses Function
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Francis,
Expenses is generally used for all expenses items and one time expense and equal proportion cost for the duration of a project. (Ex: Travel, overhead, Insurance, expenses, consultant, accommodation etc….) You can generate Profile and S-Curve using cost and tick Expenses tick box or included on total cost of a project.
hi Francis,
Expenses are nonresource costs associated with a project and assigned to a projects activities. They are typically one-time expenditures for nonreusable items. Examples of expenses include materials, facilities, travel, overhead, and training.
You can categorize expenses, indicate a unit of measure for expenses, and specify whether an expense accrues at the start or end of an activity or uniformly over its duration. Each expense has a budgeted cost, actual cost, and estimated remaining cost.
Expenses are not the same as resources. Resources generally extend across multiple activities and/or multiple projects. Examples of resources are personnel and equipment. Unlike resources, expenses are project-specific. The Project Management module does not include expenses when leveling resources. Resource curves are not supported for expenses.