| Field | Description |
|---|
| Target Multiplier
|
Optional. Enter the target multiplier in the following format: ###.##. You can view this value in the
Target Multiplier field on the Dashboard and Planning tabs.
|
| Calendar Scale
|
Select a scale to use for the calendar. If your firm uses Vision Multicompany, the calendar scale defaults from Vision Plan Settings.
|
| Generic Method
|
This option determines the generic tables that apply to cost and billing rates. If you are using Vision Navigator with Vision 6.2, this option is set to
Labor Category and you cannot change it. If you are using Vision Navigator with Vision 7.0, the value defaults from Vision's Plan Settings. In this case, you can use the drop-down list to select
Labor Category or
Labor Code.
|
| Labor Cost Rates
|
For Navigator plans, cost rates determine the planned labor cost used to calculate the EAC Multiplier. The planned labor cost is not visible in Navigator; however, your Vision Security settings could allow the planned labor cost to be visible when the Navigator plan is viewed in Vision Project Planning or in Vision Reporting.
Your role must have the
Allow changes to rate/method tables
option selected on the Planning tab in
for these options to be available.
|
| Rate Method
|
Use this drop-down list to select a labor cost rate method for employees. If you select a rate method other than
From Employee Provisional Rate, you must also specify a rate. For you to select
From Employee Provisional Rate, your Vision Security role for
Labor Cost Rates/Amounts must be
Full Access on the Accounting tab in
.
If you use Vision Multicurrency and
From Employee Provisional Rate is selected, the employee's provisional rate for planned hours is used if the functional currency for the employee's home company matches the plan's project cost or billing currency. If not, the employee's rate is set to zero.
This rate table lookup filters out any rate tables that apply to currencies that do not match the plan's currency. This is determined by the
Use billing currency not project currency option in Vision Accounting System Settings.
|
| Rate Table
|
Use this lookup to select the pre-defined rate table for your cost rates for employees. This rate table provides the default cost rate for resources on the Planning tables. Only rate tables that you can access, and that are marked as available for planning in the Vision Billing application, are included in the lookup list. This option is available if you specify a method other than
From Employee Provisional Rate in the
Rate Method field.
This option defaults to
None if the currency assigned to the rate table selected in Vision Plan Settings does not match the currency that is defaulted by the
Use billing currency not project currency option in Vision Accounting Configuration.
If you are using Vision Multicurrency, any rate table with a currency that does not match the plan's currency is excluded from the lookup. The plan's currency is determined by the
Use billing currency not project currency option in Vision Accounting System Settings.
If you are using Vision Multicompany, the default is derived from the project's company in Vision Plan Settings.
|
| Generic Table
|
Use the lookup to select a pre-defined Labor Category rate table for your plan's generic resource cost rates. The default value is set in Vision Plan Settings.
If you are using Vision Multicompany, the default is derived from the project's company in Vision Plan Settings.
|
| Labor Billing Rates
|
For Navigator plans, billing rates refer to what the client will pay for the services your firm provides. Running a plan at billing rates can be useful for discussions with the client about the progress and outcomes of the project. Some firms prefer billing budgets for managing projects because they remove the "uncontrollable overhead" and firm's profit from the project manager's reports. The labor billing rates are not visible in Navigator; however, your Vision Security settings could allow labor billing rates to be visible when the Navigator plan is viewed in Vision Project Planning or in Vision Reporting.
Your role must have the
Enable reporting at billing rates option selected on the General tab of
.
|
| Rate Method
|
Use this drop-down list to select a billing rate method for employees. If you select a rate method other than
From Employee Provisional Rate, you must also specify a rate.
For you to select
From Employee Provisional Rate Table, your Vision Security role for
Labor Cost Rates/Amounts must be
Full Access on the Accounting tab in
. All Navigator plans are set to
Cost and Billing as the budget type; this is derived from the
Budget Type setting in Vision Planning. Navigator displays the monetary amounts for the plan at billing rates. You must have
Enable Reporting at Billing Rates selected on the General tab of
to use billing rates.
If you are using Vision Multicurrency and
From Employee Provisional Rate is selected, the employee's provisional rate for planned hours is used if the functional currency for the employee's home company matches the plan's project cost or billing currency. If not, the employee's rate is set to zero.
This rate table lookup filters out any rate tables that apply to currencies that do not match the plan's currency. This is determined by the
Use billing currency not project currency option in Vision Accounting System Settings.
|
| Rate Table
|
This option is available if you specify a method other than
From Employee Provisional Rate in the
Rate Method field. Use this lookup to select the pre-defined rate table for your employee billing rates. This rate table provides the default cost rate for WBS elements on the Planning grid.
Only rate tables that you can access and that are marked as
Available for planning in the Vision Billing application are included in the lookup list.
This option defaults to
None if the currency assigned to the rate table selected in Vision Plan Settings does not match the currency that is defaulted by the
Use billing currency not project currency option in Vision Accounting Configuration.
If you are using Vision Multicurrency, any rate table with a currency that does not match the plan's currency is excluded from the lookup. The plan's currency is determined by the
Use billing currency not project currency option in Vision Accounting System Settings.
|
| Generic Table
|
Use the lookup to select a pre-defined Labor Category rate table to provide your plan's generic resource bill rates. The default value is set in Vision Plan Settings.
If you are using Vision Multicompany, the default is derived from the project's company in Vision Plan Settings.
|
| Billing Multiplier
|
Enter the billing multiplier, using a maximum of four decimal places. The calculation is as follows: Labor Billing Amount = Planned Hours x billing Rate x Billing Multiplier
|
| Refresh Rates
|
Use this drop-down list to select the data that you want to refresh. When the refresh occurs, the employee and/or generic planned cost and/or billing values are calculated, and the new rates are used for the newly planned values. You are asked to confirm the rate refresh. Follow the prompts to determine the data that is refreshed.
|
| Finish
|
When you click
Finish
, a confirmation dialog box displays. This dialog box is dynamic and the text that displays is dependent on the changes that you made. Follow the prompts to confirm your changes:
|
and select
Plan Settings.
The