How to Manually edit Actual Cost in Project Professional

By default, Actual Cost column is locked down in Project professional both at Task and assignment level. Actual cost is calculated from Actual Work and Fixed Cost values. This way, the relationship with Work done and cost accrued remain consistent.


Ground realities are many times more complex and actual costs involve Journaling, currency conversions and other adjustments. This is typically handled in ERP systems and all PM wants to do is to manually enter the actual cost value in Project so that she can track the remaining cost.


To enter the actual costs manually, you need to change the following setting in Project Professional.