Based on the attached clearview article, a user cannot project $0.00 of cost if there are estimated costs remaining on any phase code. A user must remember to set the projected cost to $0.01. Why? This should be changed; a user should be able to zero out a cost projection AND have it flow through to the WIP reports. This causes a lot of confusion; our PMs believe they have posted their cost projections correctly, only to find out later that what was reported to management is NOT what they intended. Change Mgmt is too cumbersome to expect all users to use each time something needs to be zero'ed out. Our PMs don't believe Vista works properly because of "exceptions" like these...What is the rationale?
Company | Kraus-Anderson Construction Company |
Job Title / Role | Controller |
I need it... | 1 month |
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This also happens with JC Revenue Projections. We do a lot of unit price contracts and sometimes an item is not used in a contract. PM's have to go through and plug pennies and negative pennies into the items we don't use, or hard plug a value to make the revenue amount equal out. It's confusing and a lot of work on a large contract!
YES!!! Greg – please do not hesitate to reach out to me to discuss this idea. I would be happy to have a phone call with you or anyone else at Viewpoint to clarify our situation and the issues we are having as a result of this.
Thanks you - Logan
Logan Carter, CPA | Controller
logan.carter@krausanderson.com | direct 612.255.2364