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PRIMAVERA COST ACCOUNTS –
SETTING UP THE MISSING “LINK”
PRIMAVERA P6 ACCOUNTING
or
PRIMAVERA
UNIFIER
COST ACCOUNTS
What are P6 Cost Accounts?
• A Customizable Hierarchy which allows tracking of Time
and Costs across your enterprise
• When structured properly, cost accounts provide alignment
with accounting systems to track actual costs vs budgeted
costs (Timesheet Data, Billing Information, Indirect Costs
etc.)
• Can be associated with an activity level “Expenses” or
“Resource Assignments”
Sample Cost
Account
Structure
USING COST ACCOUNTS FOR RESOURCE FORECAST PROJECTION OF TIME &
COST
Project A
- Project Management
- 00100
- 200 Hours
Project B
- Project Management
- 00100
- 200 Hours
Project C
- Project Management
- 00100
- 200 Hours
Activity
Cost Account
Resource Assignment
Activity
Cost Account
Resource Assignment
Activity
Cost Account
Resource Assignment
Cost Account
Resource Assignments Tab
Projects
Cost Account Conclusions
• Cost Accounts Provide the missing “link” to align costs with the
company accounting system
• Primavera P6 allows for Database Integration to Accounting
Systems for Seamless transfer of Cost Account data
• Provides an alternate method to compile time and cost data
without the need or use of Project Codes/Activity Codes
• Cost Account data points in P6 allow ease of reporting via Print
Preview
• Seamless integration to Primavera Unifier for enhanced portfolio
management, fund appropriations and reporting

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Fundamentals of Cost and Schedule Alignment

  • 1. PRIMAVERA COST ACCOUNTS – SETTING UP THE MISSING “LINK” PRIMAVERA P6 ACCOUNTING or PRIMAVERA UNIFIER COST ACCOUNTS
  • 2. What are P6 Cost Accounts? • A Customizable Hierarchy which allows tracking of Time and Costs across your enterprise • When structured properly, cost accounts provide alignment with accounting systems to track actual costs vs budgeted costs (Timesheet Data, Billing Information, Indirect Costs etc.) • Can be associated with an activity level “Expenses” or “Resource Assignments”
  • 4. USING COST ACCOUNTS FOR RESOURCE FORECAST PROJECTION OF TIME & COST Project A - Project Management - 00100 - 200 Hours Project B - Project Management - 00100 - 200 Hours Project C - Project Management - 00100 - 200 Hours Activity Cost Account Resource Assignment Activity Cost Account Resource Assignment Activity Cost Account Resource Assignment
  • 6. Cost Account Conclusions • Cost Accounts Provide the missing “link” to align costs with the company accounting system • Primavera P6 allows for Database Integration to Accounting Systems for Seamless transfer of Cost Account data • Provides an alternate method to compile time and cost data without the need or use of Project Codes/Activity Codes • Cost Account data points in P6 allow ease of reporting via Print Preview • Seamless integration to Primavera Unifier for enhanced portfolio management, fund appropriations and reporting