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On-Account Project Budget

Francesco Buonavolonta on 1/28/2020 4:23:32 AM
At the moment is not possible to convert an on-account forecast transactions into a project budget transactions (same as converting hour , expense, etc forecast transactions). This should be available in order to have the revenue budget for fixed price milestone based project revenue. At the moment this is a gap in the functionalities.
Category: Project Resource Management
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Needs Votes

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RE: On-Account Project Budget

Eugen Glasow on 1/18/2024 7:51:18 PM

Yes, made a customization to keep them in sync: on-acc. forecasts appear as we add / amend milestones and disappear as we delete or invoice them. Without this, the whole project cashflow story goes south, if we are talking fixed fee projects.

Category: Project Resource Management

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RE: On-Account Project Budget

Judi Irion on 9/2/2022 12:32:34 PM

Absolutely agree 100%. Work arounds are tedious and cause double work that provides no purpose beyond putting the revenue into the budget, which is already accounted for in the Contract.

Category: Project Resource Management