MODIFICATIONS

Use this screen to enter all modifications for signed and funded value, as well as period of performance. You should enter the initial signed and funded value for a project against Modification 0000. Modification numbers other than 0000 will not be treated as original value for reporting purposes.

Use this screen to enter the initial signed value, funded value, and period of performance for a project. Then you will need to use it only to update modifications to signed or funded value, or to the period of performance.

Project

Enter, or use to select, a valid project for which to enter data. This is a required field. This unlabeled field to the right displays the description of the project selected. After you save the record, this field will be non-editable.

Modification

ID

Enter a modification number in this field. This is an alphanumeric field, and as long as numerals are used in the beginning or end of the mod number, the system will provide a default of the last modification number for the project plus one. If no modification numbers are found, it will default to "0000." After you save the record, this field will be non-editable.

The size of the initial modification number that is used will also determine the size of all modification numbers for the project (for example, if you assign Mod Number A1 as the first Mod Number, you will run out of mod numbers after A9 because the system will treat A10 the same as A1).

This is a required field.  is available for this field.

Description

This field displays the user-supplied description of each modification number.

Effective Date

This field displays the effective date or date on which the modification was issued on this screen. The current date is the default value, but can be changed. This date is for informational purposes only.

Period of Performance

Enter the period of performance in this group box. If transactions that are charged to this project do not fall within the period of performance shown here, the system will display a warning message in the transaction entry screens. You can turn off this warning in the Project Settings screen (Projects » Project Setup » Controls).

Start Date

This field displays the user-supplied start date of the project. It should be the date agreed-upon in the contract. Timesheet entries made before this date will cause a warning message to occur. It is a soft edit in the Enter Timesheets screen (People » Labor » Timesheets).

End Date

This field displays the user-supplied end date of the project. Timesheet entries made after this date will cause a warning message to occur. It is a soft edit in the Enter Timesheets screen (People » Labor » Timesheets).

Earliest

This non-editable field displays the earliest start date found on all the modifications for the selected project. If no start date is found, "00/00/0000" is displayed.

Latest

This non-editable field displays the latest end date found on all the modifications for the selected project. If no end date is found, "00/00/0000" is displayed.

Value Modifications

Value

This field will display either a user-supplied signed value for the project, or a system-calculated signed value, which is derived by using the Cost, Fee, and Fee % fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.

If you enter a value (other than 0.00) here, it will not be recalculated regardless of any changes made to the other three variables. If you enter 0.00 (or no value), the value of this field will be recalculated based on entries made to the other three variables.

Fee %

This field will display either a user-supplied fee % for the project, or a system-calculated fee %, which is derived by using the Cost, Fee, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.

If you enter a value (other than 0.00) here, it will not be recalculated regardless of any changes made to the other three variables. If you enter 0.00 (or no value), the value of this field will be recalculated based on entries made to the other three variables.

Cost (Current)

This field will display either a user-supplied signed value for cost for the project, or a system-calculated cost value, which is derived by using the Fee, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. At least two variables must be entered for any calculation to take place.

If you enter a value (other than 0.00) here, it will not be recalculated regardless of any changes made to the other three variables. If you enter 0.00 (or no value), the value of this field will be recalculated based on entries made to the other three variables.

Fee (Current)

This field will display either a user-supplied signed value for fee for the project, or a system-calculated fee value, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.

If you enter a value (other than 0.00) here, it will not be recalculated regardless of any changes made to the other three variables. If you enter 0.00 (or no value), the value of this field will be recalculated based on entries made to the other three variables.

Cost, Fee, Total (Cumulative)

These non-editable fields display the sum of Cost, Fee, and Total signed values, respectively, for all modifications for the selected project.

Funding Modifications

Value

This field will display either a user-supplied funded value for the project, or a system-calculated funded value, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.

If you enter a value (other than 0.00) here, it will not be recalculated regardless of any changes made to the other three variables. If you enter 0.00 (or no value), the value of this field will be recalculated based on entries made to the other three variables.

Fee %

This field will display either a user-supplied funded fee for the project, or a system-calculated funded fee, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.

If you enter a value (other than 0.00) here, it will not be recalculated regardless of any changes made to the other three variables. If you enter 0.00 (or no value), the value of this field will be recalculated based on entries made to the other three variables.

Cost (Current)

This field will display either a user-supplied funded value for cost for the project, or a system-calculated cost value, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.

If you enter a value (other than 0.00) here, it will not be recalculated regardless of any changes made to the other three variables. If you enter 0.00 (or no value), the value of this field will be recalculated based on entries made to the other three variables.

Fee (Current)

This field will display either a user-supplied funded value for fee (or profit) for the project, or a system-calculated fee value, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables has been entered. You must enter at least two variables for any calculation to take place.

If you enter a value (other than 0.00) here, it will not be recalculated regardless of any changes made to the other three variables. If you enter 0.00 (or no value), the value of this field will be recalculated based on entries made to the other three variables.

Cost, Fee, Total (Cumulative)

These non-editable fields display the sum of Cost, Fee, and Total funded values respectively for all modifications for the selected project.

Notes

This field displays user-supplied notes regarding the modification entered. These notes will be stored and will be available for reporting purposes.

Award Fee

Click this button to open a subtask where you can enter information on award fees including award fee description, award fee period, contract award fee amount, and funded award fee amount. This data will be used in the Compute Revenue process.

Unit Info

Click this button to open a subtask where you can enter information on units, including the number of units required for delivery, the estimated cost and price per unit and in total, and the average price per unit.

Table Information

This screen updates the following table:

PROJ_MOD