actual cost (Real Property, Leases)

A cost that has been approved and exists in the Costs table; it has been moved from the Scheduled Costs table to the Costs table. Actual costs represent historical events that have already occurred whose values cannot be changed.

Actual costs have been reviewed and approved and are ready to be billed or paid (or are in the process of being billed or paid).

Analyze actual costs in reports such as the Cash Flow, Lease Financial Summary, Costs reports.

With Chargeback & Invoicing, you can charge back actual costs and invoice receivable actual costs.

See also: