Cost descriptions can be given attributes such as Over/Under Spend and Timesheet Cost.
What a Timesheet Cost does:
Costs added using a Timesheet cost description have the option to have a schedule/task item created and linked to the cost, this will only happen upon the cost being approved. This will be reflected in the cost having the following symbol to the left of the cost title: 
A new column will appear next to Supplier estimate called Timesheet Balance this will note the total estimate for the cost minus the total costs from timesheets for the cost itself. This will allow the user to check off time worked against the cost as their team submits timesheet entries against it.
The schedule item will automatically be assigned to the project manager. This can be amended in the Schedule tab of the job bag or resource scheduler should you need.
The schedule task (with calculated duration) will then be available to be picked in Resource Scheduler so that users can manage their time and submit their timesheets. When they submit their timesheets against this corresponding schedule item, this will then update the Timesheet Balance.
NB: For the Timesheet Balance to reflect timesheet costs taken from the total estimate the timesheet user must have a rate on their contact details.
Adding Timesheet Attribute to Cost Descriptions:
If the timesheet attribute is something you are interested in please contact Panacea Support via the help desk, support@panacea-software.com,for our team to add.
We can add the following time intervals:
- Hourly
- Daily
- (for the link to Resource Scheduler, the hourly duration in the daily rate is taken from the Working hours set in Resource Scheduler)
NB: This attribute can only be given to newly created cost descriptions, existing cost descriptions cannot have the attribute added at a later date.