Impact of Finance Setting

Step 1

Please Refer following article for Enabling the Finance settings for the Projects.

https://support.workstatus.io/en/article/how-to-do-finance-setting-156ysaz/

Step 2

Impact of Finance Setting

This setting is created to allow project managers that they can see the financial data or No
.
A) If Enabled then the Project managers will be able to see the financial data of the project.

B) If Disabled then the Project managers will not be able to see the financial data of the project.

Once enabled Project Manager will be able to see the financials in following screens:

Project listing page - Show budget in Cost ( If budget is set in cost ).
Edit Project - Show all the bill rates and pay rates, budget cost ( If set in cost ) & Project per hour rate set.
Create Milestone - He can create and edit milestones with milestone budget type as Cost and hours both.
Budget overview widget in Project overview - he would be able to see all 4 parameters :
A) Hours ( By default )

Budgeted Hours of Project
Invested Hours of Project

B) Cost
Budgeted Cost of Project
Invested Cost of Project

Disable
Once disabled then the user will not be able to see any cost related details of the project.

Project Listing page - Show the budget in hours even set in cost
Edit Project - While editing project He would not be able to see the bill rates, payrates, budget cost ( If set in cost ) those details will be shown as masked
Project Per hour rate - He can see the project per hour rate
Milestones - While creating or editing , he will be having only hours option in the milestone budget dropdown
Budget overview widget in Project overview - he would be able to see only 2 parameters
Budgeted Hours
Invested Hours

Updated on: 25/09/2024