Projects & Tasks

Answer Projects and Tasks will help you to monitor and control spend against predetermined budgets for a nominated time period.

Commitments to spend and spend to date are both recorded and tracked when controlling expenditure against established budgets.

Use Answer to create Projects. Each Project can have an unlimited number of Tasks associated with it. A Project can also have an overall budget.
This Budget can be broken down and distributed across the various Tasks for the Project.
Each Task has a set of effectivity dates that determines the period for which the Task and its Budget are valid.

At Task level the Task Budget can be further broken down into a number of user defined date effective periods, e.g. Months, Quarters, etc. for further budgetary control and spend analysis. Budgets can be specified for both Spend and Revenue.

Each Task has a General Ledger code associated with it so that when any actual expenditure is recorded against a Project and Task then that expenditure is booked against that General Ledger Account Code for posting purposes to the General Ledger.

Projects and Tasks can be used to control Departmental Spend, Company Spend, Capital Build, Plant Maintenance Costs, Research and Development costs, Campaign Revenue, New Product Revenue and Monitor Employee Time Bookings to Projects and so on.

Download the PDF for more information on using Projects and Tasks within Answer Enterprise.

Key Features Use predetermined budgets Record commitments to spend and spend to date Create projects and tasks Control departmental spend, company spend, capital build and so on Used throughout Answer

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