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Accordingly, If the percent of recognition is specified, the Current-Phase Revenue column is populated automatically based on the percent of recognition as follows:
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The Already Recognized Costs columns shows the amount of costs that were recognized for the work item over the previous phases. The details on these costs are listed on the Costs Recognized for Previous Phases tab on thethe Work Costs pane which appears when you click Fill > Already Recognized Revenue and Costs on the tab toolbar.
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The Cost Object column shows the cost object for the cost incurred.
The Cost Element column column shows the object element to which the costs are being recognized are related. When creating the project cost estimates, you can choose from the following levels of details (analytics parameters): Departments, Business Activities, Cost Elements (such as labor cost Cost Elements can define labor cost as associated with a particular employee, material costs as cost of items, such as materials, stock items, or services, and Fixed Assets if you use depreciate special equipment or vehicles).
The Characteristic column indicates the characteristic of the item if cost element is Item and characteristics are used for this item.
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The Quantity column shows the quantity of the itemcost element.
The Unit Cost column shows the cost per UOM of the item cost element.
The Amount (Accounting CurrCur.) column shows the cost amount calculated in the accounting currency.
The Amount (CurrCur.) column shows the cost amount calculated in the currency of the document.
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The Expense item column shows the expense item to which the cost is related.
The Cost Element column shows the item, or employee, or fixed asset to which the cost is related.
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The Quantity column shows the quantity if the item to which of the cost is relatedelement.
The Unit Cost column shows the cost per unit associated with the cost objectelement.
The Amount (Acct. CurrCur.) column shows the task to which the cost is related.
The Amount (CurrCur.) column shows the task to which the cost is related in the currency of contract.
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