An expenditure is a group of expenditure items, or transactions, incurred by an employee or an organization for an expenditure period. You charge expenditures to a project to record actual work performed or cost incurred, and you charge commitments to record future costs you expect to incur.
You must charge all actual expenditure items and future commitments to a project and task. Examples of actual expenditures are timecards, expense reports, usage logs, and supplier invoices. Examples of commitments are requisitions and purchase orders.
The following are examples of expenditures and commitments:
You have worked eight hours on Monday, June 6 for project A, task 1 doing Professional work (expenditure)
You travelled twenty miles on Tuesday, June 7 for project X, task 1 using your own vehicle (expenditure)
You made ten copies of a blueprint on Thursday, June 9 for project Y, task 1 using copier number 1243 (expenditure)
You issued a purchase order for 200 pounds of cement on Friday, June 10 for project Z, task 2.3 (commitment)
You associate each expenditure item with an expenditure type class, (such as Straight Time or Supplier Invoice). The expenditure type class tells Oracle Projects how to process the expenditure item. For more information, see: Expenditure Type Classes, Oracle Projects Implementation Guide.