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Regarding indirect costs in projects... Is there any option where I can set up indirect costs based on the expenses charged to the project (instead of hours)?
I have this projet where the client needs to configure indirect costs, but depending on the total expenses of the project and not on the hours. Is there any way to do it?
Thanks in advance!
Hi Mark,
Thanks anaway for your effort!
Hi Rony,
I can't really think of a way to achieve this logic as part of the standard solution. You could potentially use the charges functionality when purchasing an item against the project but that would only apply to transactions of type "item" and not do anything for "Expense" or "hour" transactions.
Other than that it would require customisation to achieve your scenario.
KR
Mark
Hello Mark, indeed i'm refering to the indirect cost functionality that resides in the standalone F&O PMA module.
We want to calculate the percentage against the full donation value, but we need to post it depending of each cost.
Thanks a lot for your help!
Hi Rony,
Are you referring to the indirect cost functionality that resides in the standalone F&O PMA module only?
If you are then there isn't a standard way of attaching these to anything other than hour categories and the cost capture only occurs when you book the associated categories on a timesheet so it builds up a cumulative amount rather than posting the amount in one go.
Is your scenario a cumulative cost capture or do you just calculate the percentage against the full donation value and post as one cost?
KR
Mark
I almost forgot to mention... this is a public sector project.
Hello Antii,
Thanks for your helps. For this solution we will fixed-price projects, funded by donors. The client needs to establish a percentage of indirect costs automatically depending on the total amount that is donated. Any tips?
Is this Lite or integrated deployment? If yes, then there would be a few different options depending on your exact scenario:
- Use basic expenses without a sales price to log expenses against the project.
- Use non-stocked materials without a sales price to log material costs against the project.
- Manually create Journal Lines for cost against the project.
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