The following table describes how each column is calculated on this report.
Field |
Description |
|---|---|
Committed Cost |
The Committed cost figure displays from Job Phases. |
Actual Cost |
The actual job cost amount for the selected period, as well as the job-to-date amount, displays for each phase and Cost type. These figures are accumulated balances of transactions updated through the year and period requested. |
Projected Cost |
The total Projected cost at completion for each phase/cost type displays from Job Phases. |
Estimate |
The current Estimate amount displays from Job Phases. |
Variance |
Variance is calculated as the difference of the two preceding columns; that is, the projected cost less the estimated cost. |
% Var |
Percent variance is calculated as the quotient of the two preceding columns; that is, the variance amount divided by the estimated cost, multiplied by 100. |
% Comp |
The percent complete is calculated as the actual job-to-date figure divided by the projected cost, multiplied by 100. |