Update Incurred Cost for ETC

Use this screen to update the ETC incurred hours and amounts with ITD costs from the project ledgers.

Direct cost amounts come from the Project Summary table (PROJ_SUM) for the current year and Project Status Report Prior Year Summary table (PSR_PY_SUM) for prior years. Indirect cost amounts come from the Project Burden Summary table (PROJ_BURD_SUM) for the current year and the Project Status Report Prior Year Burden Summary table (PSR_PY_BURD_SUM) for prior years. Hours are summarized by PLC or GLC from the Labor History table (LAB_HS) for the current year and the Prior Year Project Labor History (PY_PROJ_LAB_HS) for the prior years.

Run this utility after posting journals, calculating rates, and computing burden.

Note: Run this utility before you execute the Compute Estimate to Complete screen. Do this even for projects that have no incurred costs but do have ETC information. The Update Incurred Cost for ETC screen creates a row for each project in the ETC_UPD_DT table, which is required by the Create Estimate To Complete Report Tables process.

Attention: For more information about Costpoint's Estimate-to-Complete (ETC) feature, see the "Estimate to Complete" topic.