The advanced configuration enables you to record multiple savings and benefit elements of different types, each applying to a specific timeframe. Where enabled, these appear in a related list on the Contract Detail page.
Savings and Benefits information can be recorded against each contract within the Saving and Benefits tab.
To create a Contract Savings/Benefit select New
Savings
Click New, then click Contracted Saving to set up:
- Saving Type
- Savings Amount
- Custom Benefits Measurement Fields
- Applies From
- Applies To
- Comments
Savings reports are created using the Report Type of Contracts with Contract Savings. This includes the fields Projected Savings in This FY, Project Savings in This FY+1, etc. which calculate the proportion of the saving Attributable to each financial year based on the Savings Amount and the Applies From and Applies To dates.
Benefits
Click New, then Click Contracted Other Wider Benefit to set up:
- Benefit Type
- Applies From
- Applies To
- Benefit Amount
- Comments
- Benefit Value Override
Benefit Types will be defined in advance, and can apply to a variety of situations; tonnes of C02 offset, number of jobs created, hours voluntary work generated, etc.
The non-editable field Guidelines for Entering Benefit Amount contains instructions specific to the benefit type used.
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