Edit Project Charging Parameters

Purpose

Project charging parameters contain the charge method for the project, and also allow editing of the target fields for a project. As the two are very often linked, they are available within the same page but protected by different access rights.

This option is only applicable to projects which are not split into tasks. If the Project Management module has not been purchased, then this applies to all projects, otherwise this menu option only appears for task-less projects.

Data Entry

Charging Parameters
Project Charge Method	Defines the method used for invoicing the project and can be one of: ▪Fixed fee ▪Time-charged ▪Non Chargeable If you are not using the invoicing module then you should set this option to Time-charge. Using this setting you will obtain an income line on graphical reports.
Fee Value	The value of the fixed fee.
Rate Table	The rate table used to determine the charge rates for the project.
Only invoice on completion	Check this option if the project can only be invoiced when 100% complete. Note that this also applies to time-charged projects. If you check this option no invoices will be produced until the project is 100% complete.
Expenses chargeable	Defines whether expenses are normally chargeable on this project. This can be over-ridden by the type of expense. i.e. expenses may be configured to be always chargeable, never chargeable or depends on the project.
Defer project from invoicing	Checking this option holds the project back from invoicing. The project will be held back until the check-box is cleared.

Targets
Link target to fee	If this is checked, the target value is linked to the fee value using a percentage profit.
Profit %	The percentage profit used to discount the fee into a target.
Target Cost	The target cost for the project. i.e. the amount you expect to spend.
Calculate resource rate from	Method of determining the hourly rate used to convert target cost into target hours. Options are: ▪Average for the lead group assigned to the project ▪Project leader’s resource rate ▪Manual entry ▪Actual burn rate being used
Resource Rate	The hourly rate used to convert target cost into target hours
Target hours	The target hours. This is shown in deci-hours (2.5 is 2 and one half hours).
Target start date and finish dates	Estimated target start and finish dates
Actual start and finish dates	Actual start and finish dates. The actual start date is automatically filled in by the date of the first timesheet.