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How are the Committed or Actual Labor costs generated on the Financial Tab for the Project?

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Committed cost is generated by Approving items such as Subcontracts, or Purchase Orders, adding Misc Expenses and Time. Actual cost is calculated when an Invoice comes in from say the Vendor or Subcontractor and it is paid using the “Bill” feature. This is then considered your Actual Cost. CF tracks your Budgeted, Committed and Actual Costs.

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