Contents of the Current Forecast Screen
Use this screen to run a report that displays budgeted project profitability for next 12 months.
The report incudes Monthly revenues, direct and indirect component costs by month. The report only includes budgets/EACs that are marked as final on the Project Budgets / EACs screen.
Contents
| Field | Description |
|---|---|
| Budget Type |
If you selected the Budget or Variance report type, select one of the following from the drop-down list:
Note:
EAC displays in the drop-down list only if an EAC exists for the project.
|
| Forecast Start Period |
Click
You must provide information for all enabled fields in order for the report to run as expected, else an error message displays. |
| Combined |
Select this option to combine all levels of detail for viewing, printing, or exporting. This option is disabled when only one level of detail is available. |
| Project ID |
Enter, or click
|
| Historical Rates | Use this section to select the type of rate you want to use for details from previous periods. Choose one of the following:
|
| Forecast Rates | Use this section to select the type of rate you want to use for details from future periods. Choose one of the following:
|
to select the budget start date.
, to select the project ID.
Subtask
After you select the Project ID and other report settings, click the Details link to display forecast details. After the table opens, a link for the next level of detail displays.
Field descriptions for each level of detail are given in below.
| Column Headings | Description |
|---|---|
| Description | This column reflects your labor account descriptions, your direct cost account descriptions, and your indirect cost account descriptions.
Labor and other direct cost account descriptions are linked to supplementary reports. |
| Bgt/EAC Total | This column displays the total budget or total EAC for the selected project.
Note: The value in this column is based on the option selected under
Historical Rates.
|
| Forecast Total | This column displays total forecast amount for the project.
Note: The value in this column is based on the option selected under
Forecast Rates.
|
| Forecast Variance | This column displays total variances forecasted for the selected project.
Negative variances display in favor of either actuals or budgets, depending on how Report Variances in Favor of is configured on the Display tab of . If configured in favor of Actuals and actual costs are higher than budgeted costs, the variance displays as negative. The opposite is true if budgeted costs are higher than actual costs, and the variance displays as positive. However, for either Budgets or Actuals, profit and revenue variances are always opposite to the cost calculation. Note: The value in this column is based on the option selected under
Forecast Rates.
|
| Bgt/EAC To Date | This column displays the current EAC forecasted for the selected project.
Note: The value in this column is based on the option selected under
Historical Rates.
|
| Actual To Date | This column displays the amount expended between a specified start time and the present. This value describes the total that has been actually realized, as opposed to the total that is planned.
Note: The value in this column is based on the option selected under
Historical Rates.
|
| Open Period | This column displays the open period data. |
| Prior Years | This column displays the prior years data.
Note: The value in this column is based on the option selected under
Historical Rates.
|
| Cur FY Forecast | This column displays the current fiscal year forecast data.
Note: The value in this column is based on the option selected under
Forecast Rates.
|
| Future years | This column displays the future years forecast data.
Note: The value in this column is based on the option selected under
Forecast Rates.
|
| Month-Date-Year | Begins with the current month and shows data back six months. |