Contents IT Business Management Previous Topic Next Topic Actual project costs Subscribe Log in to subscribe to topics and get notified when content changes. ... SAVE AS PDF Selected Topic Topic & Subtopics All Topics in Contents Share Actual project costs Actual project costs come after you create expense lines for cost plans or after human resources use time cards to create expense lines. The system captures actual project costs from expense lines: Expense lines from cost plans: You can create expense lines from a cost plan. Allows you to specify the amount and date when the expense was incurred. The actual amount incurred is included in the cost plan after the expense line is processed. Expense lines from timecards: Human resources can record time for project work by using time cards. When time cards are approved, the system generates expense lines. After the expense lines are processed, the actual costs are recorded for the project. If you provide a resource plan when creating time cards, the cost plan name is derived from resource plan and cost is captured against the resource plan. If you do not provide a resource plan, the cost is captured against the project. View actual project costsWhen you are using Project Portfolio Management with Financials, you can view actual project costs on cost plans and projects.Related tasksAccess the Portfolio workbenchTrack the portfolioRelated conceptsPlan the portfolioForecast the budget for portfolio On this page Send Feedback Previous Topic Next Topic
Actual project costs Actual project costs come after you create expense lines for cost plans or after human resources use time cards to create expense lines. The system captures actual project costs from expense lines: Expense lines from cost plans: You can create expense lines from a cost plan. Allows you to specify the amount and date when the expense was incurred. The actual amount incurred is included in the cost plan after the expense line is processed. Expense lines from timecards: Human resources can record time for project work by using time cards. When time cards are approved, the system generates expense lines. After the expense lines are processed, the actual costs are recorded for the project. If you provide a resource plan when creating time cards, the cost plan name is derived from resource plan and cost is captured against the resource plan. If you do not provide a resource plan, the cost is captured against the project. View actual project costsWhen you are using Project Portfolio Management with Financials, you can view actual project costs on cost plans and projects.Related tasksAccess the Portfolio workbenchTrack the portfolioRelated conceptsPlan the portfolioForecast the budget for portfolio
Actual project costs Actual project costs come after you create expense lines for cost plans or after human resources use time cards to create expense lines. The system captures actual project costs from expense lines: Expense lines from cost plans: You can create expense lines from a cost plan. Allows you to specify the amount and date when the expense was incurred. The actual amount incurred is included in the cost plan after the expense line is processed. Expense lines from timecards: Human resources can record time for project work by using time cards. When time cards are approved, the system generates expense lines. After the expense lines are processed, the actual costs are recorded for the project. If you provide a resource plan when creating time cards, the cost plan name is derived from resource plan and cost is captured against the resource plan. If you do not provide a resource plan, the cost is captured against the project. View actual project costsWhen you are using Project Portfolio Management with Financials, you can view actual project costs on cost plans and projects.Related tasksAccess the Portfolio workbenchTrack the portfolioRelated conceptsPlan the portfolioForecast the budget for portfolio
