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Business Portal for Microsoft Dynamics GP 2010 Project Time and Expense Users GuideCopyrightCopyright 2010 Microsoft. All rights reserved. Limitation of liabilityThis document is provided basis. Information

How to fill out project time and expense

How to fill out project time and expense:

1. Start by gathering all relevant project documents and information, such as project scope, budget, and timeline.
2. Determine the different categories or tasks that require tracking, such as labor, materials, and travel expenses.
3. Create a spreadsheet or use project management software to document each category and its corresponding expenses.
4. For each category, enter the date and description of the expense, along with the amount spent.
5. If applicable, include any supporting documentation, such as receipts or invoices, to validate the expenses.
6. Regularly update and review the project time and expense sheet to ensure accuracy and completeness.
7. Submit the completed project time and expense sheet to the relevant stakeholders, such as project managers or accounting department.

Who needs project time and expense:

1. Project managers: They require project time and expense data to monitor progress, track costs, and make informed decisions.
2. Finance and accounting departments: They use project time and expense information to allocate budgets, analyze costs, and generate financial reports.
3. Clients or customers: They may request project time and expense reports to validate the work done and the costs incurred.
4. Contractors or consultants: They typically need to provide project time and expense documentation as part of their contractual obligations.
5. Legal or compliance teams: They may require project time and expense records for auditing, regulatory compliance, or legal purposes.
6. Internal stakeholders: Other team members or departments within the organization may need project time and expense information to coordinate resources or evaluate project performance.

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