Fundamental Data for Financial Plans

In order for InLoox to calculate the project financial plans, you need to define the following datasets in the project:

• For planned expenses: Tasks need an effort estimate. Enter the estimated effort in days, hours, and minutes. This effort serves as the basis for creating a planned expense entry.
• For tracked expenses: The project needs tracked work effort. Feedback on time spent — for example, via the InLoox stopwatch — serves as the basis for calculating tracked expense plans.

You also need to configure the following data in the InLoox account settings:

• Define groups: The group with its purchase and sales price is the basis for calculating planned and tracked expenses and benefits. Create these groups in the InLoox settings under Organization › General › Groups.
• Permission to edit own time tracking entries: To allow you and your team to record working hours in your project, you need the Edit own time permission. You can grant this permission to individuals either globally or via a project role. For details, refer to the help articles on InLoox permissions.

Important

By default, InLoox assigns the group at the top of the list. To change the group in a financial entry, double-click the field to edit it.