Combining a general work type with a specific project creates a task. Every time a value is entered into a timesheet, a value is also entered against a task.
A task is unique; it is a particular work type completed for a specific project. Each project consists of several work types to be completed in order to meet project demands. Combining a general work type with a specific project creates a task. The application tracks time and expenses associated with the project at the task level.
All time spent working on a task and all expenses are a cost to the company. In some cases, however, these costs are billed to the client. With this information accurately tracked, a manager may easily generate a progress report for any project in order to see all associated costs and billable sums. In effect, all actuals are tracked by tasks.
A task profile contains a lot of important information. As with clients, projects and work types, tasks may also have cost, billing and expense rules associated with them. Once configured the application automatically calculates the accumulation of cost, billable sums, and expenses for the project.