Project Costing
| Technical name | oi_project_costing |
| License | OPL-1 |
| Website | https://www.open-inside.com |
Project Costing
"Authorize a Project's Budget and Manage Its Costs"
This Module Helps you to Compare Between Plan and Actual Project Costing.
Description
Project Cost management is the process by which one plans and manages the budget of a business or project. In the case of a project, it helps the project manager estimate what the project will cost and set in place controls by which they can reduce the chance of the project going over budget. At the close of the project, the actual costs that have been collected and documented are then compared to the estimated costs determined at the beginning of the project. This actual versus planned comparison is valuable data for predicting future project costs.
Key Features
Cost Estimation.
Fully integrated with Finance.
Easy reporting.
Ability to register all project expenses and cost related.
Multiple currency financial plan and budget creation.
Comprehensive reporting functionality with drilldown capability.
Ability to track costs with different dimensions.
Demonstration
Overview
Usage Example
Define costing categories
Set timesheet cost and timesheet product for employees
Create sale order and analytic account
Enter costing plan for each category
Actual cost recording
Employee timesheets
Vendor Bills
Analytic Entry
Need Any Help?
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