The Zurich release has arrived! Interested in new features and functionalities? Click here for more

Actual Cost on Project

pramodkumar
Tera Expert

Hello All,

Can anyone explain me how the actual cost gets updated on the project. For now we are not using Financial management and the project activity is updated with actual cost.

 

 

Thanks!

1 ACCEPTED SOLUTION

Timecard submission creates expense lines which once processed (by backend job) would rollup actuals on project.

View solution in original post

5 REPLIES 5

Community Alums
Not applicable

There is a business rule Project Actual Cost Rollup which sets the value of Actual Cost if you have isCostRollUp turned on.

The default value of the field also calls PPMCurrencyHelper.defaultCurrencyValue() 

Basically, if the roll up occurs, it gets the costs from the summation of all the child expense lines.

shankarkattaman
ServiceNow Employee
ServiceNow Employee

Out of Box, when time cards are filled by user against the Project or Project Tasks the actuals get rolled up to corresponding resource plan/cost plan which rolls up actual cost of project.

 

Also If you create expense lines against cost plan and process them the actuals get rolled up.

Hello Shankar,

 

I could see expense lines got created and the same amount was rolled upto project. Can you tell me on what basis will these expense lines be created. As we are not using any financials on project how can we stop this?

 

 

Thanks!

Community Alums
Not applicable

The expense lines wont exist unless you create them yourself.