G & A

The G & A has four fields:

• Actual: The actual cost is the cost that has been posted to the project thus far. This field is populated when you run the Project Labor Transactions or Project Resource Transactions activity. If you have resources that are cross-referenced to PO Jobs and PO Requisitions, these costs are also added.
• Forecast: Calculated by multiplying the forecast cost for each cost code by the G & A rate percentage on the Estimate Projects or Projects forms. Remember that the G & A rate is compounded as a total expense with overhead applied. For example, if your overhead rate and G & A rate are both 10% and the total for the project is $100, the G & A is $11.
• Cost To Complete: The cost needed to complete the G & A portion of the project. It is calculated as a percentage of the forecast cost depending on the % complete. For example, if the forecast cost is $10,000 and the project is 10% complete, the cost to complete would be $9,000.
• % Complete: The percent of the project completed displays.