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The following is a gross simplification, but bear with me.
Code Block |
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Disbursed - Client |
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= Expense |
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Which makes sense because anything the client doesn't cover has to be paid by the company. The actual relationship is more complicated than this and is explained below, but keep this in mind as a reference.
DMUP and TCAF
In order to understand how the calculations are done you also have to understand DMUP and TCAF. These define the relationship between Client Amount, Disbursed Amount, and Expense Amount. DMUP is the most likely you'll encounter, and so we start there.
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From the multi-select dropdown in the lower left choose Create Cost Plan. The following dialog is displayed. Choose a start date, how you want to time-phase the cost plan, and for how long you want it phased. Then click Okay. Cost Plans can be created for a maximum of 208 weeks (4 Years).
The grid is automatically filled in with zeroes. Fill in the grid with your cost plan.
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