Committed Cost Report

This report shows committed costs, actual costs and percent complete to-date. Variances for current and projected costs are shown. NOTE: This is the only report that reflects costs that have been committed through purchase orders.

To print this report, check the Committed Costs radio button under the Report Formatting tab.

1.	Report Description - Committed Cost Report (Detail)
	Report Sample - Committed Cost Report (Detail)
2.	Report Description - Committed Cost Report (Summary)
	Report Sample - Committed Cost Report (Summary)

The report heading consists of the report title, date, page number and company name. The limits that were set at the time of printing are also included.

This column contains the name or description of the cost code for the job phase listed.

This is the cost code or job phase. Following the code number is the code type (Labor, Materials, Subcontracts, Equipment or General). If a grouping code is assigned, the code is printed behind the code type.

This is the Change Order for this cost code or job phase. Following the change order is a description of the change order and the cost.

This is the percent complete as reported on the last field report. If percent complete is not entered on the field report, this field will be empty.

This is the calculated percent complete. If percent complete is to be entered on the field report and the field report is not current, this field is calculated as explained above. If cost to complete or total completion cost is entered on the field report, this field is calculated for the latest information.

This column shows the calculated percent complete using the total actual and committed costs. It is calculated in the same manner as % complete but using the total actual cost added to committed costs.

This is the actual cost to-date as recorded through the accounting system. This would include amounts charged to the job through Accounts Payable, Payroll, General Ledger and/or other modules. Cost to-date figures are derived directly from the job cost file. In the case of costs accrued through Accounts Payable, this cost to-date field is updated every time an invoice is posted. For this reason, the cost to-date columns on this reports reflect all invoices posted, whether they are paid or not.

This field contains the total of expected or committed costs that are due to open purchase orders. When a purchase order is reconciled with an A/P invoice, costs are removed from this column. Be aware that this means that between the time the purchase order is reconciled and the A/P invoice is posted, the cost is essentially lost from this report. Normally, this is not a problem since invoices are usually posted soon after the reconciliation when the purchase order is complete. Be advised that this condition does exist.

This field contains the difference between the current budget and the actual costs. It is the unspent portion of the budget.

This field contains the difference between the current budget and the total costs. It is the uncommitted unspent portion of the budget.

This column shows the percent that each job phase is over or under budget. A negative amount means that the cost phase is at a cost less than currently budgeted.

Each group of related job phases is subtotaled for budgets, variances, costs and overrun. The sub-totals are listed after the last related phase code.

Each column is totaled for budgets, variances, costs and overrun. The totals are listed at the bottom of the report.

The Summary Format is identical to the Detail format except for three exceptions. The cost codes are not itemized, there is no cost code description and the Field Report field is empty.