How to Create Detailed Financial Plans › About Cost Plans › Set Up to Automatically Populate Cost Plans

Set Up to Automatically Populate Cost Plans

Complete the following tasks to set up cost plans to populate automatically:

1. Define plan defaults in the entity for fiscal time period type and grouping attributes.
2. Define costs and rates in the cost/rate matrix.
3. Financially enable the investment, associate a cost/rate matrix, and assign active roles or resources to project tasks.
4. Financially enable the resource or role. This action is recommended for more accurate cost projections.