Purchase management
Purchases (also known as expenses, external costs, etc.) can include anything from goods to services. Along with work hours, they form part of the overall cost of a project.
MANAGEMENT > Projects > [Project] > Purchases
In the Purchases tab of a project, you will find two sections:
-
Budget account
Here, you can view and manage the project’s budget accounts. You can set the amount available for each budget account. -
Purchases
This section shows a list of existing purchases. You can: - Create new purchases
- Create recurring purchases
- Import purchases from a CSV file
Purchase creation
When creating a new purchase, you can: - Set the name and description - Select the budget account it will draw from - Choose the purchase type - Specify the provider - Select the status
If the status is one that indicates an “actual value” you can enter the purchase’s actual amount. You can also attach documents and view the status history.
Purchase projection section
You can link the purchase to a task. In doing so, the purchase’s due date will align with the task’s start or end date, and you can set a gap (offset). You can also specify the projected amount here.
Purchase actual amount section
This becomes available if the purchase status is of an “actual value” type. Enter the confirmed amount in this section.
Custom fields section
If you have created any custom fields, they will appear here.
After you create a purchase, the projected and actual amounts will be reflected in the corresponding budget account.
Project Task Purchases tab
MANAGEMENT > Projects > [Project] > Tasks > [Task] > Purchases
This tab displays purchases that were created in or assigned to a specific task. It serves as a quick reference to see all purchases related to that task.
How purchases affect the project budget
In the Budget section of the project, you’ll typically see three main blocks:
1. Top-Down Budget
This is manually set at the beginning of the project, indicating the total amount available.
2. Bottom-Up Estimated
This reflects the sum of all amounts of the budget accounts, including projected purchases.
3. Actual Values
This shows the sum of all purchases that have an “actual value” status.
Purchase parameters
Main menu navigation: CONFIGURATION > Parameters
Under Purchase Parameters, you can define: - Purchase types - Purchase statuses
In the Purchase Status tab, you can specify which statuses count as “actual value.” Once marked, these purchases will be included in the project’s actual cost.
Purchase invoicing
ORGANIZATION > Cost Management
The Purchase Invoicing option displays all purchases across all projects and services. You can filter the list based on different criteria. This feature is especially useful for users who need to manage and review purchases without requiring access to individual projects.