Use the Labor Plan Summary chart on the Planning tab to view the estimate-to-complete (ETC), job-to-date (JTD), and contract amounts for the project, phase, or task that is selected in the Planning grid. This information is useful when you need to compare the ETC and JTD amounts with the contract amount.
Contents
As you select different elements on the Planning grid, amounts on the chart update to reflect the data shown on the grid. The chart also updates to display edits to the plan when edits are saved.
| Field | Description |
|---|
| JTD Amount
|
This field displays the job-to-date labor amount through today's date for the project. It is based on actual JTD labor charges at billing and includes unposted charges.
Calculation: JTD = posted and unposted labor charges at billing through today
If your firm uses Vision Multicurrency, the currency amounts display in the project's billing currency or project currency. The currency is based on the
Use Billing Currency not Project Currency option in Vision Accounting System Settings.
|
| ETC Amount
|
This field displays the estimate-to-complete (ETC) labor amount for the project. This is the billing value of planned labor required from tomorrow forward through the end of the plan.
If the Vision plan's
Budget Type is set to
Cost, this amount displays as zero. If a project is mapped on multiple Vision plans that have the
Include in utilization and project reports option selected, Navigator totals are the combined values.
Calculation: ETC = Planned labor amount at billing from tomorrow forward.
If your firm uses Vision Multicurrency, the currency amounts display in the project's billing currency or project currency. The currency is based on the
Use Billing Currency not Project Currency option in Vision Accounting System Settings.
|
| Contract
|
This field displays the compensation amount, based on the amount in the
Compensation field in the Vision Project Info Center.
Calculation: Contract = Compensation from Project Info Center
If no contract amount displays, verify that an amount is assigned in the Vision Project Info Center.
If your firm uses Vision Multicurrency, the currency amounts display in the project's billing currency or project currency. The currency is based on the
Use Billing Currency not Project Currency option in Vision Accounting System Settings.
|