Overhead, Project Percent Complete

Actual: The actual cost is the overhead cost that has been posted to the project thus far. This field is populated when you run either the Post Project Labor Transactions or Project Resource Transactions activities.

Forecast: Calculated by multiplying the forecast cost for each cost code by the overhead rate percentage on the Estimate Projects or Projects forms.

Cost To Complete: The cost needed to complete the overhead portion. It is calculated as a percentage of the forecast cost depending on the % complete. For example, if the forecast cost is $10,000 and % complete is 10%, the cost to complete would be $9,000.

% Complete: The percent completed displays.

Budget: The budget amount for the overhead cost displays.