Project management Accounting -8-1
Nov 29, 2024
Project management Accounting -8-1
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0:03
foreign
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before completion of my
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plan
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so where we stopped previously we
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stopped at the uh
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or breakdown structure we have created
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one work breakdown structure for the
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project and
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I think we posted one entry as well
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so basic time
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material project this is the project we
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have created
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and
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work breakdown structure we have given
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analysis design and development stage
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and how many of us required those things
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we mentioned here
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so after that uh
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I think we posted one entry as well our
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Journal I guess
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not remember
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so
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um
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it's posted actually
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yeah we posted one transaction
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to this project let me check in the
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poster transactions as well
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I think that is the point where I
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stopped
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so this is the total cost and sales is
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this much
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and if I go to a breakdown structure
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this is the work breakdown structure and
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tracking View
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in the tracking view we have these
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things so once we posted that uh
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our Journal actual cost is updated
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cost percentage also this much composite
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OK this is what happened in the last
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session
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and we can drag here and you can see the
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our transactions sex manager
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instructions and item expand we have
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nine levels here we can expand uh
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the levels as well
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if you have expansion if you have levels
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you can expand it like sub uh subtasks
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will be there that will come effect Rock
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tracking we have
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uh we can see the effect of the
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current position of the project see
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effect tracking 25 point and 12.5
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percent progress percentage actual
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effect 8 when remaining effect 56
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affected complete 64 planned also 64
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right
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so this and that is the thing we can
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then
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here
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as I discussed in the previous sessions
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we have move up move out move down
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collapse expand those features also
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available here
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and
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as I said the nine levels we can expand
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it
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then WBS through template this is uh
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this is manual upload and manual
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creation of work breakdown structure if
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you want to uh import the
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work break demonstrator if you want to
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import the work breakdown structure we
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can do that as well for example let me
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check with this project
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let's create a stage
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let me take this one
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so
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you can do from here
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you can select the
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template
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foreign
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we can move this one to a quality
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assurance we can move up
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more down as well we can do and the in D
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and then turned out that I already
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explained if you want
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sorry
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we can make this like this and then
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and
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you can make it as odent or didn't mean
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stopper and if you want to make it as
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indent if you you can do that as well
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we have delete option new option
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here Auto scheduling fix all schedule
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allows we have fixed selected tasks only
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so these are the things configure and
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setup needed
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so
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what are the configuration and setup
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needed for work breakdown search working
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calendar as into the project activity
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number sequence uh
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what it means working calendar it will
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be in
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organization Administration
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you can show from here as well
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for example we'll take
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our project
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if you see here
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it is the standard calendar
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this will in the organization
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Administration
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calendars
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here working times will be available
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and is that a number sequence will be
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like organization
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and number sequence
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sorry organization Administration legal
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entity
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and number sequence in the number
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sequence will have an activity
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number sequence
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you can see here
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activity number sequence
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it will be it will create based on this
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number sequence activities
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project management parameters
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scheduling default
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working calendar
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and
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have parameters here
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we can assign the default calendar in
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the schedule level
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so this is one thing
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okay
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as I said you that uh next is that to
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analyze and view the review the tracking
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views we have tracking views as I said
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in the uh
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before this topic
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there are two types of
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tracking views if you go here work
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breakdown switch
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we have tracking views here
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so first is cost tracking view effort
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tracking View
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and
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so you can see this cost tracking what
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is the cost spent and what is the cost
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of the project completed how much is
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this spending how much planned
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everything will be available here in the
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effect tracking it will be like uh
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percentage level actual effect how many
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hours spent remaining over so many
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affected effort hours and planned how so
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much those details will be available
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and you can you have expand the option
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here as well level one well we can do
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that as well
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as we did in the previous session uh we
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posted one hour journal and we already
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checked the how it will impact it before
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posting the hover Journal these two
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parts are not there only here 64 16 32
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32 1616 like this it is available and uh
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planned also same thing same thing once
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you whenever you post the work that you
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have completed like say eight hours
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spent for this project at that time
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eight hours it is showing here and this
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much uh percentage has been completed
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for this project
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and cost tracking it will be a cost
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level you can see the cost effect of
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that
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uh here collapse all expand all and we
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can see the level when if you have level
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one uh things level to n number nine
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levels we can see from here
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and you can see planning views from here
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and
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once uh when you entered into the
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planning View
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you have here
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thank you
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export attachments is their resource a
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resource as in resource assignment
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details and you have details option here
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to check the details of this particular
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stage
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so if you edit it it will go to draft
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status
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WBS and if you publish it again it will
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publish it
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so these are the few basic things that I
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want to discuss you can create the
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estimates here maybe I'll I'll cover
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this estimates thing
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uh maybe in the later sessions
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we have we have the estimates option
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here that will check later
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how it will work
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and in the later sessions
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okay
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I'll stop here
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and
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