Franchisor Ideas

10 VOTE

Display both ACV and RCV values for Estimates

ACV or Actual Cost Value, is the RCV or Replacement Cost Value minutes depreciation. Currently the way things are done is that a company gets paid the ACV until they prove that they have completed the desired work, typically with assigned Certificate of Satisfaction, at which time they are able to receive the full RCV. The only exception to this is roofing projects here in the US.
We currently only bring in the ACV amount, which is not what most companies use when it comes to Job Costing. The current solution for this is to add in a manual estimate for the amount of the Estimate.

Known Areas:
Job Dashboard
Reports
Internal and Word File Builder
Altitude (graph)
DIG Money
BIZ Dev Dashboard (graph)

 

https://jira.ngsportal.net/browse/CR-657


Spec:  https://confluence.ngsportal.net/x/MhMuAQ

  • Josh Ivy
  • Mar 8 2017
Idea Type Enhancement
Urgency Medium
  • Attach files
  • Admin
    Josh Ivy commented
    March 8, 2017 20:08

    josh.ivyJosh Ivy added a comment - 26/Apr/16 11:43 AM

    Confirmed with dev that we do not currently store both values.


    josh.ivyJosh Ivy added a comment - 17/May/16 1:53 PM

    Xact does not provide Depreciation via vendor exchange. This has been communicated to Xact, and they are going back to their team to find a resolution.


    josh.ivyJosh Ivy added a comment - 03/Jun/16 10:46 AM

    This CR is on hold pending research and reply from Xact. They do not currently provide us the needed values in VE to accomplish this.