Budget vs Actual Hours by Project/ Activity

The Budget vs Actual Hours by Project/ Activity report displays the planned hours against the actual hours of the project for the available budget at the activity level.

Select the required activity and click Budget vs Actual Hours by Project / Activity / Cost Component or Budget vs Actual Hours by Project / Activity / Control Code level to view the report for:

• The budget vs actual hours data at project/ activity / cost component level
• The budget vs actual hours data at project/ activity / control code level

To generate the report, specify:

• Company

  The code of the company.

• Project

  The code of the project for which the report is generated.

The report displays:

• Activity

  The activity linked to the project.

• Status

  The status of the budget.

• Planned Hours

  The budgeted hours required for the completion of the project. This is the Bottom-up budget specified in Infor LN (all budgets are considered, irrespective of the status).

• Actual Hours

  The actual hours utilized for the completion of the project.

• Balance Hours

  The balance hours calculated using the formula:

  (Planned Hours - Actual Hours)

• Budget %

  The balance hours expressed as a percentage:

  ((Planned Hours - Actual Hours)/ Planned Hours))*100