Contract Grid

Use the Contract grid to view a detailed analysis of the contract information related to the current project. This includes calculations, specific breakdowns of billing amounts, and other plan details down to the designated WBS level.

The amounts on this chart display at billing or cost, depending on your selection in Show. Whether both options are available depends on the budget type selected for the plan. If both Billing and Cost options are available, you can switch between them, and the contract's amounts, chart information, and grid details will update to reflect your selection. If you are using the Multicurrency feature, the contract amounts display in the plan's billing currency or the project (cost) currency. If you are not using the Multicurrency feature, the contract amounts do not change when you switch between billing and cost.

If your firm uses the Multicurrency feature in Vision, the currency in use is indicated in Show next to the Billing and Cost options. The project currency is always used when viewing projects and plans at cost. The currency used when viewing projects and plans at billing is determined by a Vision configuration setting that your system administrator selects. See the Use Project and Billing Currencies online help topic for more information on currencies.

Note: When you select the Cost option, some information may not display because of your security access. Settings on the Accounting tab on the Roles form in Vision (Configuration > Security > Roles ) determine your access rights to labor cost rates and amounts in iAccess. See the Security Settings and Labor Cost Amounts online help topic for more information.

Contents

Field	Description
LEVEL	This non-editable column displays the name of the WBS element, as specified in the Project Info Center in Vision.
LABOR	This non-editable column displays the direct labor contract amount for each WBS element. The values in this column default from the Direct Labor field on the Budget & Revenue tab in the Project Info Center in Vision. The values in the LABOR column automatically update when changes are made to the Direct Labor field in Vision and the data is refreshed. The amounts in this column display in the CONTRACT column on the Labor planning grid.
DIRECT EXPENSES or INDIRECT EXPENSES	The column label and contents depend on the type of project: Project Type Column Name Displays Regular Direct Expenses Direct expenses contract amount for the selected WBS element. Promotional or Overhead Indirect Expenses Indirect expenses contract amount for the selected WBS element. The values in this column default from the Direct Expense field on the Budget & Revenue tab in the Project Info Center in Vision. The DIRECT EXPENSES amounts automatically update when changes are made to the Direct Expenses field in Vision. Note: Regardless of the project type, the amounts in TOTAL CONTRACT on the Contract planning grid are calculated as follows: Labor + Direct or Indirect Expenses + Direct Consultants + Reimbursable Expenses + Reimbursable Consultants An indicator displays to alert you when compensation exceeds direct expenses.
COMPENSATION	This non-editable column displays the compensation amount from the Budget & Revenue tab in the Project Info Center in Vision.
DIRECT CONSULTANTS	This non-editable column displays the consultant amount for each WBS element on the Budget & Revenue tab in the Project Info Center in Vision. The amount represents the consultant contract amount. Note: The sum of the amounts in this column plus the amounts in the REIMB. CONSULTANTS column display in the CONTRACT column on the Consultants planning grid.
REIMB. EXPENSES	This non-editable column displays the reimbursable expense amount for each WBS element on the Budget & Revenue tab in the Project Info Center in Vision. This amount represents the reimbursable expense contract amount. The amounts in REIMB. EXPENSES automatically update when changes are made to the Reimbursable Expense field in Vision and the data is refreshed. Note: The sum of the amounts in this column plus the amounts in the DIRECT EXPENSES/INDIRECT EXPENSES column displays in the CONTRACT column on the Expenses planning grid.
REIMB. CONSULTANTS	This non-editable column displays the planned consultant amount for each WBS element on the Budget & Revenue tab in the Project Info Center in Vision. This amount represents the reimbursable consultant contract amount. The amounts in REIMB. CONSULTANTS automatically updates when changes are made to the Reimbursable Consultant field in Vision and the data is refreshed. Note: The sum of the amounts in this column plus the amounts in the DIRECT CONSULTANTS column displays in the CONTRACT column on the Consultants planning grid.
REIMB. ALLOWANCE	This non-editable column displays the monetary amount that represents your company's reimbursable allowance amount, which should include all expenses that will be reimbursed to your company by the client. The project's reimbursable allowance is automatically calculated by summing the amounts in the REIMB. CONSULTANTS and REIMB. EXPENSES fields.
TOTAL CONTRACT	This non-editable column displays the project's total contract amount, which is the sum of all labor, expense, and consultant contract amounts.