Project Costing enables users to report on the fully burdened costs associated with their projects. These burdened costs are calculated in real-time within Unanet using the indirect pool rates provided by Unanet Cost Pool Calculations (available only with a Financials license), an external accounting system, or other outside application. Fees for Cost Plus projects, Fixed Price Schedules, and billable labor and expense calculations for Time & Materials projects can also be included in reports, providing the ability to see revenue and true margin.
This guide describes why organizations need to track and report on direct and indirect project costs, and how Unanet supports these concepts. A detailed Glossary is included at the end of this document as well as different examples of cost structures.
A separate Invoicing & Posting Guide is available and should be read in conjunction with this guide: