Completing a project within a stipulated budget is as important
as finishing the project on time. The financials viewlet helps you in forecasting
budgets for various account heads and track expenditure against budget.
- To perform this task, you must have the required
security permission. For more information about security permissions, see User security settings.
- Tara application
admin must have selected the expenses as account heads while creating charge
codes.
- The charge codes are associated to a project.
- Go to the Work Management view, ensure the Financials viewlet is
open
- Click the project and the click the add icon
.
- From the new row, click the Category column to select the charge
code. The charge codes would only appear if the Category check
box is selected while creating the charge code in the application admin area.
- Enter the details in the following columns:
Note: This how the variances are calculated
- Forecast variance = Forecast - Actual
- Estimate variance = Estimate - Actual
- Click the save icon
.
- Click the refresh icon
to view the changes.
To modify a category entry:
- Double click the appropriate field.
- Make your changes and click the save icon
.
To remove an category:
- Click the account head that you want to remove.
- Click the remove icon
.