Expenses Function

hi Francis,

Expenses are nonresource costs associated with a project and assigned to a project’s activities. They are typically one-time expenditures for nonreusable items. Examples of expenses include materials, facilities, travel, overhead, and training.


You can categorize expenses, indicate a unit of measure for expenses, and specify whether an expense accrues at the start or end of an activity or uniformly over its duration. Each expense has a budgeted cost, actual cost, and estimated remaining cost.


Expenses are not the same as resources. Resources generally extend across multiple activities and/or multiple projects. Examples of resources are personnel and equipment. Unlike resources, expenses are project-specific. The Project Management module does not include expenses when leveling resources. Resource curves are not supported for expenses.

Francis,
Expenses is generally used for all expenses items and one time expense and equal proportion cost for the duration of a project. (Ex: Travel, overhead, Insurance, expenses, consultant, accommodation etc….) You can generate Profile and S-Curve using cost and tick Expenses tick box or included on total cost of a project.