Microsoft Office Tutorials and References
In Depth Information
Setting up a recurring task
with this firm, but to keep the book’s profit and loss (P&L) statement accurate, you’d like to
accrue this expense when the color-setting services firm completes the task.
In this exercise, you assign a fixed cost to a task and specify its accrual method.
On the View tab, in the Task Views group, click Other Views and then click Task
Sheet .
The Task Sheet view appears.
On the View tab, in the Data group, click Tables , and then click Cost .
The Cost table appears, replacing the Entry table.
In the Fixed Cost field for task 30, Generate proofs , type 500 , and press the Tab key.
In the Fixed Cost Accrual field, select End , and press Tab.
Project will now accrue a $500 cost against the task Generate proofs at the task’s end date.
This fixed cost is independent of the task’s duration and of any costs of resources that could
be assigned to it.
Setting up a recurring task
Many projects require repetitive tasks, such as attending project status meetings, creating
and publishing status reports, or running quality-control inspections. Although it is easy
to overlook the scheduling of such events, you should consider accounting for them in
your plan. After all, status meetings and similar events that indirectly support the project
require time from resources, and such events take time away from your resources’ other
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