Use this subtask to maintain estimates-to- complete for project fee. Enter and maintain ETC fee amounts for the project and organization selected in the main screen. There are currently two valid types of fee. When updating incurred amounts, the utility summarizes fee in the project ledger and inserts it into this table with a Fee Type of F. The second type of fee is other fee, for award or incentive types of fee. These fee amounts are user-entered. They are assigned a Fee Type of O.
This non-editable field displays the project ID from the main screen. The non-editable field to the right displays the project description.
This non-editable field displays the organization number from the main screen. The non-editable field to the right displays the organization description.
This non-editable field displays the rate code from the main screen. The non-editable field to the right displays the rate code description.
Enter the fee type. Valid options are:
F - Fee
O - Other Fee
This non-editable field displays the cumulative fee recognized for this project and organization.
Enter the estimate-to-complete fee amount for this project and organization. If you elected to update ETCs based on subtracting actual incurred from budgets, this amount may have been calculated for you by the Revise ETC screen (Projects » Budgeting and ETC » Estimate to Complete). When you enter an amount, the system will recalculate the Latest Revised Estimate at Completion (LREAC) by adding Incurred and Est-to-Compl.
Enter the LREAC fee amount for this project and organization. If you elected to update ETCs based on subtracting actual incurred from budgets, this amount may have been calculated for you by the Revise ETC screen (Projects » Budgeting and ETC » Estimate to Complete). When you enter an amount, the system will recalculate Est-to-Compl amount by subtracting Incurred from LREAC. The formula is: LREAC = Incurred + ETC.
Enter the percent complete for fee for this project and organization. This amount may have been calculated for you by the Revise ETC screen (Projects » Budgeting and ETC » Estimate to Complete) if you elected to update ETCs based on subtracting actual incurred from budgets. When you enter a percent, the system recalculates the LREAC by dividing Incurred by % Compl, and recalculate Est-to-Compl by subtracting Incurred from LREAC.
This field displays the previous estimate at completion that was updated by the Revise ETC screen (Projects » Budgeting and ETC » Estimate to Complete).
This field displays the previous percent complete for the previous estimate.
This field displays the total fee budgeted for this project and organization from the Project Total Budget screen (Projects » Budgeting and ETC » Total Budgets).
This non-editable field displays the last time fee amounts were updated with new Est-to-Compl, LREAC amount, or % Compl.