Baseline Tab

This section describes the fields and actions on the Baseline tab of the Budgeting workspace.

Use this tab to create a baseline budget comparison against your working budget.

Note: This tab and its fields are only available depending on job setup, and if baseline comparison is enabled on the current job.

Field	Description
Fixed, Time	This field displays the budgeted amount of employee time on a fixed price job, as entered in the table. The value in this field is displayed either in days or hours, depending on the time unit used on the job. Note: This field is shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all expenses, such as T&M jobs, this field is automatically hidden in the tab.
Fixed, Cost	This field displays the budgeted fixed cost price of the job. Total costs are displayed for the following: Time: Total cost of time activities Amount: Total cost of amount activities Total: Total cost of all budget lines Total Currency: Total cost of all budget lines in the job currency. This field is shown only when the job currency differs from the base currency. Note: This field is shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, this field is automatically hidden in the tab.
Fixed Price	This field displays the total budgeted fixed billing price based on the job setup. Total fixed price values are displayed for the following: Total: Total budgeted fixed price based on the job setup in the base currency. Total Currency: Total budgeted fixed price based on the job setup in the job currency. Note that this field is shown only when the job currency differs from the base currency. Note: These fields are shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, this field is automatically hidden in the tab.
GM	This field displays the budgeted gross margin on the job for expenses that are included in the fixed price of the job. This is calculated by subtracting the value in the Fixed, Cost field from the Fixed Price, Total field. Note: This field is shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, this field is automatically hidden in the tab.
GM %, Total	This field displays the budgeted gross margin represented as a percentage on the fixed price of the job. Note: This field is shown only if the job is set up with a fixed price. If you are working on a job that is set up to bill all costs, such as T&M jobs, this field is automatically hidden in the tab.
T&M, Time	This field displays the budgeted amount of employee time on a job that is billed separately from the fixed price. The value in this field is displayed either in days or hours, depending on the time unit used on the job. Note: This field is shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
T&M, Cost	This field displays the budgeted billing prices of the job. Total costs are displayed for the following: Time: Total cost of time activities Amount: Total cost of amount activities Total: Total cost of all budget lines Total Currency: Total cost of all budget lines in the job currency. This field is shown only when the job currency differs from the base currency. Note: These fields are shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
Billing Price	This field displays the budgeted billing prices based on lines created in the table Total billing prices are displayed for the following: Time: Total billing price of T&M time activities Amount: Total billing price of T&M amount activities Total: Total billing price of all budget lines Total Currency: Total billing price of all budget lines in the job currency. This field is shown only when the job currency differs from the base currency. Note: These fields are shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
T&M, Total	This field displays the total of all the budgeted costs and billing prices entered in the table. Note: This field is shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
T&M, Total, Currency	This field displays the total of all the budgeted costs and billing prices entered in the table in the job currency. Note: This field is shown only when the job currency is different from the base currency.
T&M, GM	This field displays the budgeted gross margin on the job for the following: Time: Total budgeted gross margin for all time activities Amount: Total budgeted gross margin for all amount activities Total: Total budgeted gross margin for all budget lines Note: These fields are shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
T&M, GM %	This field displays the budgeted gross margin represented as a percentage on the job for the following: Time: Total budgeted gross margin % for all time activities Amount: Total budgeted gross margin % for all amount activities Total: Total budgeted gross margin % for all budget lines Note: These fields are shown only for T&M jobs or fixed price jobs where some budget lines are excluded from the fixed price.
Grand Total	This field displays the total of all the budgeted costs and billing prices entered in the table. If the current job is set up to track costs separately for fixed price items and billed costs, this field combines the costs for both. Note: This field is shown in the tab only when the job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses. If you are working on a T&M job, this field is automatically hidden.
Grand Total, Currency	This field displays the total of all the budgeted costs entered in the table in the job currency. Note: This field is shown in the tab only when the job currency is different from the base currency. It is also shown only when the job is set up to track costs for a fixed price, or is a fixed price job that also has billable expenses. If you are working on a T&M job, this field is automatically hidden.
Resource Allocation Complete	Select this checkbox when you are done with resource allocations for the job relevant to the budget you are viewing. If this checkbox is selected, Maconomy updates the existing working budget with quantities, costs, and revenues based on the resource allocations. This checkbox only displays if: The company-specific Enable People Planner Web system parameter is enabled. The Use Imported Budget Line Resource Allocation job parameter attribute is enabled on the job related to the current budget.

Tab Actions

Action	Description
New Baseline Budget...	Click this action to create a baseline budget for the job.
Submit	Click this action to submit a budget for approval. After submission, the record status is updated, and this action is disabled until you make additional changes. Note: This action is shown only for users with the required permissions, and when the job uses approval hierarchies, or follows a simple workflow.
Approval	This drop-down list includes the following actions: Approve: Click this action to submit a budget for approval. After submission, the record status is updated, and this action is disabled until you make additional changes. Reject...: Click this action to reject the current budget. Undo Approval/Reject: Click this action to undo approval or rejection of the current budget. Note: These actions are shown only for users with the required permissions, and when the job uses approval hierarchies.
Reopen	Click this action to reopen an approved budget. Note: This action is shown only on approved budgets.
Resourcing	This drop-down list includes the following actions: Send for Resourcing: Click this action to send the current job budget to People Planner. Retrieve Resourcing for Forecast: When you click this action, Maconomy retrieves resource allocation information for the current job budget from People Planner. When you click the Resource Forecast action on a table line, the Resource Forecast wizard then displays the updated data that Maconomy retrieved from People Planner. This drop-down list and the actions in it only display if: The company-specific Enable People Planner Web system parameter is enabled. The Use Imported Budget Line Resource Allocation job parameter attribute is enabled on the job related to the current budget.
Other Actions	In the Baseline Budget tab, this drop-down list includes the following actions: Remove All Lines: Click this action to delete all lines in the table. Recalculate: Click this action to recalculate prices on the budget lines currently displayed. Copy...: Click this action to copy the current budget.