to select, the organization for this
ETC row. This field is required.Use this screen to budget ETC amounts at the labor category (GLC/PLC) level, or Employee/Vendor level.
You cannot access this subtask unless you have selected the Use Labor ETC check box in the Project Budget Information subtask (access this subtask with the INFO button on the main screen). If ETC budgeting is not completed in this subtask, you can budget at the account level in the ETC subtask. This screen is updated based on the information from the Labor subtask.
This non-editable field displays the project from the main screen.
This non-editable field displays the project name from the main screen.
This non-editable field displays the budget type, either Baseline or Workplan, selected from the Budget Type group box in the main screen.
This non-editable field displays the total budgeted labor hours from the Labor subtask.
This non-editable field displays the actual, posted hours for this project. The actual hours displayed are based on the fiscal year and period used in the Update Incurred Costs for ETC Subtask.
This non-editable field displays the total of all ETC amounts on this screen.
This non-editable field displays the revision from the main screen for your workplan budget.
Enter, or use to select, the organization for this
ETC row. This field is required.
This non-editable column displays the name of the organization entered in the Organization column.
Enter, or use to select, the account for this ETC row.
This field is required.
This non-editable column displays the name of the account entered in the Account column.
Enter, or use to select, a General Labor Category (GLC)
for this labor row.
Only GLCs created in the General Labor Categories screen (People
» Labor » Labor Controls) are available in .
If you selected the Labor Cost option in the Project Budget Information subtask, when you select the GLC category in this table, the average cost rate for this GLC becomes the default value in the Average Cost Rate column in this table. If no rate exists, no rate will be the default.
Create and maintain GLC rates in the General Labor Categories screen (People » Labor » Labor Controls). Maintain GLC rates for budgeting in the Maintain Average Cost GLC Rates screen (Projects » Advanced Project Budgeting » Controls).
This non-editable column displays the name of the selected GLC.
Enter, or use to select, a Project Labor Category (PLC)
for this labor row.
Only PLCs entered on the Set Up Project Labor Categories (PLC) screen
(Projects » Project Setup » Project Labor)
are available for . The PLC rate that will default into
the ETC Amount column
is based on the selections made in the Project Budget Information subtask.
In that subtask, you can select either the Labor
Cost or T&M
Labor options. The rate will default in the following
manner based on these selections:
If you selected the Labor Cost option, the rate will default from the Maintain Average Cost PLC Rates screen (Projects » Advanced Project Budgeting » Controls). This is an editable field.
If you selected the T&M Labor option , the rate will default according to setup of the Define Rate Sequence screen (Projects » Project Setup » Revenue Setup). If no rate exists, no rate will default. This is an editable field.
Create and maintain PLC average cost rates in the Maintain Average Cost PLC Rates screen (Projects » Advanced Project Budgeting » Controls). Create and maintain Project Labor Categories in the screens in the Project Labor menu of Costpoint Project Setup. PLC T&M rates can be project specific, vendor specific, or employee specific. The rate sequence table in the Projects folder defines the order in which the default rate is selected.
This non-editable column displays the name of the selected PLC.
This column will display if you selected the Employee/Vendor Level option in the Project Budget Information subtask.
Enter, or use to select, a vendor for this labor row.
This column is optional, and all existing vendors will be available for
. If you enter or select a vendor, you must also select
a GLC or PLC category to save this row.
This column will display if you selected the Employee/Vendor Level option in the Project Budget Information Subtask. This non-editable column displays the name of the vendor selected in the Vendor column.
This column will display if you selected the Employee/Vendor Level option in the Project Budget Information subtask.
Enter, or use to select, the employee for this labor
row. This column is optional, and, when an employee is selected, you must
select a GLC or PLC.
This column will display if you selected the Employee/Vendor Level option in the Project Budget Information subtask. This non-editable column displays the name of the employee selected in the Employee column. This column is optional.
This column will display if you selected the Employee/Vendor Level option in the Project Budget Information subtask.
Enter, or use to select, the vendor employee for this
labor row. This column is optional.
This column will display if you selected the Employee/Vendor Level option in the Project Budget Information subtask. This non-editable column displays the name of the employee selected in the Vendor Employee column. This column is optional.
This column will display if you selected the Employee/Vendor Level option in the Project Budget Information subtask. This non-editable column displays the sum of the Revised Amt, Profit Amt, and Approved CO Profit Amt columns in the Labor subtask.
This non-editable column displays the budgeted hours for this labor row. The system multiplies this amount by the Average Cost Rate or T&M (Time & Materials rate) in the Labor subtask and displays the result in the Total Budget Amt column.
This non-editable column displays the actual hours that have been charged to the project. This information is filtered through Costpoint General Ledger.
This rate is defined as the completion percentage for each labor category and can be changed. This rate is typically determined by the project manager using the amounts spent/incurred to date vs. the total estimated amount to complete the project. This rate also recalculates the Latest Revised Estimate at Completion (LREAC) and ETC (Incurred + ETC = LREAC).
Enter the ETC hours for this labor category. The system recalculates these hours by subtracting the Incurred Hours from the LREAC Hours (LREAC - Incurred = ETC).
This field displays the ETC amount for this labor category and can be changed. This column, ETC Hours, the Complete Rate, and LREAC Hours are dynamic; if you change these amounts, the remaining columns are recalculated. However, the ETC Hours * ETC Rate Amt = ETC Amount.
This field displays the Latest Revised Estimate at Completion (LREAC) hours for this labor category and can be changed. This column, ETC Hours, the Complete Rate, and ETC Amount are dynamic; if you change these amounts, the remaining columns are recalculated. The system also recalculates these hours by adding the Incurred Hours to the ETC Hours (Incurred + ETC = LREAC).
This field displays the ETC rate amount for this labor category and can be changed. The system multiplies this field by the ETC Hours to obtain the ETC Amount.
This non-editable column displays the amount that was formerly displayed in the Complete Rate column. When you click the Revise ETC button, the Complete Rate data moves to this column.
This non-editable column displays the hours that were formerly displayed in the LREAC Hours column. When you click the Revise ETC button, the LREAC Hours data moves to this column.
This non-editable field displays the fiscal year selected in the Update Incurred Costs for ETC subtask.
This non-editable field displays the fiscal period selected in the Update Incurred Costs for ETC subtask.
The setting for this non-editable check box defaults from the Use Rate check box in the Project Budget Information subtask. You must select this check box if you are calculating labor rates.