Functions and features
When a quotation or project has been created with a WBS, it can easily be copied to a CBS via a wizard, or a new Project Cost Control Budget can be created manually. Budget lines can be created within this budget and they are assigned to a Cost Control Budget line. Directly from within this budget a purchase requisition or purchase order can be created to support the budget line. Description lines can be added to improve the understanding of the budget definition.
A periodic progress sheet can be created, allowing you to report on the progress of all of the activities, depending on the progress hierarchy defined in the CBS structure in your budget. This function allows the person reporting to enter one progress indication setting for a group of budget lines at one time without having to modify each one individually. The architecture of the system has been built to support a large number of transactions and gather them quickly. The estimated progress can be reported in numbers or percentages. After all required lines have been registered, the progress sheet can be confirmed, which will lock it for future registration. New progress sheets can be created periodically either manually or automated via a batch.
A reporting sheet helps you to control the status of the budgets. This reporting sheets presents information on all budget lines according the CBS. Lines can be collapsed or expanded on demand to drill down to the required budget line. When the information is displayed you will be notified via a link that a drill down possibility to the underlying information is offered.
The information offers a perfect base for reporting.