PROJECT SETUP OVERVIEW

With this module, you can set up any type of project quickly and easily. This module provides roll-up capabilities with a detailed Work Breakdown Structure (WBS) for any project level. You can establish and maintain company-wide settings and codes for your projects, initialize labor categories and billing rates, set up revenue calculation methods, enter and inquire on project history, and set up project values and unit pricing.

Costpoint 6 now has four new tables to improve the processing performance of the Compute Revenue (Projects » Cost and Revenue Processing » Revenue Processing) and Calculate Billings (Projects » Billing » Calculate Billings) applications. You must run the Synchronize Project Performance Tables utility (Projects » Cost and Revenue Processing » Utilities) when you upgrade from Costpoint 5.x to version 6 to add existing project data to the four new tables. If you already run version 6, you must run this utility when you receive the service pack that adds the new performance tables. You must also run this utility if you upload data using scripts. You may also want to run this utility at month end, before calculating revenue or standard bills, to ensure that the performance tables are in synch. Please see the documentation for the Synchronize Project Performance Tables utility for more information.

The new tables are: Project Hierarchy (PROJ_HIERARCHY), Source Project Mapping (PROJ_SRCE_PROJ), Invoice Level Mapping (PROJ_INVC_PROJ), and Revenue Level Mapping (PROJ_REV_PROJ).