Revisions Tab

This topic describes the fields and definitions of the Revisions tab in the Estimating workspace.

This tab displays all the approved revisions and changes made to the current working budget. This also allows you to print any revision of the working budget. Note that you cannot change any of the fields in this tab. If you are working on a fixed price job, the tab displays separate budget information for expenses that are included in the fixed prices budget (under Fixed Price), and for expenses that are separately billed (under T&M).

Field Description
Budget Type This field displays the budget type of the current revision.
Revision No. This field displays the revision number of the current job budget.
Cost Price, Base This field displays the budgeted cost of the current revision in the base currency, at the time when the revision was created.
Billing Price, Base This field displays the budgeted billing price of the current revision in the base currency, at the time when the revision was created.
Date Submitted This field displays the date the current revision was submitted.
Submitted By This field displays the name of the employee who submitted the current revision.

Working Budget (Revision No. __) Island

This island displays information about the latest revision of the working budget for the current job.

Field Description
Fixed Price, Time This field displays the budgeted amount of employee time on a fixed price job, as entered in the sub-tabs of the Budget tab. This field value is displayed in either days or hours, depending on the specified time unit for the job.
Note: This field is shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, this field is automatically hidden in the tab.
Fixed Price, Cost These fields display the budgeted fixed cost price of the job. Total costs are displayed for the following:
  • Time - Total cost of time activities
  • Amount - Total cost of amount activities
  • Total - Total cost of all budgeted lines
Note: These fields are shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, these fields are automatically hidden in the tab.
Fixed Price This field displays the total budgeted fixed billing price based on the job setup.
Note: This field is shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, this field is automatically hidden in the tab.
Fixed Price, Gross Margin, Total This field displays the budgeted gross margin on the job for expenses that are included in the fixed price of the job. This is calculated by subtracting the value in the Fixed Price, Cost field from the Fixed Price, Total field.
Note: This field is shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, this field is automatically hidden in the tab.
Fixed Price, Gross Margin %, Total This field displays the budgeted gross margin represented as a percentage on the fixed price of the job.
Note: This field is shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, this field is automatically hidden in the tab.
T&M, Time This field displays the budgeted amount of employee time on a job that is billed separately from the fixed price. The value in this field is displayed either in days or hours, depending on the specified time unit for the job.
Note: This field is only shown for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
T&M, Cost These fields display the budgeted billing prices of the job. Total costs are displayed for the following:
  • Time - Total cost of time activities
  • Amount - Total cost of amount activities
  • Total - Total cost of all budget lines
Note: These fields are shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
Billing Price These fields display the budgeted billing prices based on lines created in the sub-tabs of the Budget tab. Total billing prices are displayed for the following:
  • Time - Total billing price for T&M time activities
  • Amount - Total billing price for T&M amount activities
  • Total - Total billing price for all T&M budget lines
Note: These fields are shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
T&M, Gross Margin These fields display the budgeted gross margin (that is, billing price less cost) on the job for the following:
  • Time - Total budgeted gross margin for all time activities
  • Amount - Total budgeted gross margin for all amount activities
  • Total - Total budgeted gross margin for all budget lines
Note: These fields are shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
T&M, Gross Margin % These fields display the budgeted gross margin represented as a percentage on the job for the following:
  • Time - Total budgeted gross margin % for all time activities
  • Amount - Total budgeted gross margin % for all amount activities
  • Total - Total budgeted gross margin % for all budget lines
Note: These fields are shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
Grand Total, Time This field displays the total budgeted amount of employee time entered in the sub-tabs of the Budget tab.

This field value is displayed in either days or hours, depending on the specified time unit for the job.

Note: This field is shown only on a fixed price job where some budget lines are excluded from the fixed price.
Grand Total, Cost This field displays the total for budgeted costs entered in the sub-tabs of the Budget tab.

If the current job is set up to track costs separately for fixed price items and billed costs, this field combines the costs for both.

Note: This field is shown in the tab only when the job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses. If you are working on a T&M job, this field is automatically hidden.
Grand Total, Billing Price This field displays the total for budgeted billing prices entered in the sub-tabs of the Budget tab.

If the current job is set up to track costs separately for fixed price items and billed costs, this field combines the costs for both.

Note: This field is shown in the tab only when the job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses. If you are working on a T&M job, this field is automatically hidden.
Grand Total, Fixed Price This field displays the total budgeted fixed billing price for the current job.
Note: This field is shown in the tab only when the job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses. If you are working on a T&M job, this field is automatically hidden.
Grand Total, Gross Margin This field displays the total budgeted gross margin for budget lines entered in the sub-tabs of the Budget tab.
Note: This field is shown in the tab only when the job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses. If you are working on a T&M job, this field is automatically hidden.
Grand Total, Gross Margin % This field displays the overall budgeted gross margin for budget lines entered in the sub-tabs of the Budget tab, represented as a percentage on the sum of all fixed and billing prices for the job.
Note: This field is shown in the tab only when the job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses. If you are working on a T&M job, this field is automatically hidden.
Grand Total, Currency, Cost This field displays the total for budgeted costs entered in the sub-tabs of the Budget tab, in the job currency.

If the current job is set up to track costs separately for fixed price items and billed costs, this field combines the costs for both.

Note: This field is shown in the tab only when the following criteria are met:
  • The job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses.
  • The job currency differs from the base currency.
Grand Total, Currency, Billing Price This field displays the total for budgeted billing prices entered in the sub-tabs of the Budget tab, in the job currency.

If the current job is set up to track costs separately for fixed price items and billed costs, this field combines the costs for both.

Note: This field is shown in the tab only when the following criteria are met:
  • The job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses.
  • The job currency differs from the base currency.
Grand Total, Currency, Gross Margin This field displays the total budgeted gross margin for budget lines entered in the sub-tabs of the Budget tab, in the job currency.
Note: This field is shown in the tab only when the following criteria are met:
  • The job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses.
  • The job currency differs from the base currency.
Submitted This field displays the date the latest budget revision was submitted, and the name of the user who submitted it.
Approved This field displays the date the latest budget revision was approved, and the name of the user who approved it.
Revision No. This field displays the version number of the latest budget revision.

Tab Actions

Button Description
Print Budget Click this action button to print the current budget revision.