Labor Plan Summary Date Basis Tab

Use ETC/JTD Date Basis on the Date Basis tab to specify the date Vision uses to calculate estimate-to-completion (ETC) and job-to-date (JTD) amounts.

Job-to-date amounts are the actual costs or hours incurred on or before the date you specify in ETC/JTD Date Basis. For example, if you select Today's Date, the job-to-date cost amount is the sum of all actual cost amounts dated today or earlier.

Estimate-to-completion amounts are estimates of the total additional cost or hours, beyond the actual cost and hours charged to date, that are required to complete the work. An estimate-to-completion amount is the sum of all planned amounts dated after the date you specify in ETC/JTD Date Basis. For example, if you select Today's Date, the estimate to completion amount is the sum of all planned amounts dated tomorrow or later.

Contents

Field	Description
ETC/JTD Date Basis	Select one of the following options to specify the date Vision uses to calculate the job-to-date amounts and estimate-to-completion amounts: Today's Date Period End Date — Vision uses the end date of the current accounting period. Specific Date — Enter the date, or click to select the date.