In this video, I will show you how to create, modify, approve, and download an ETC (Estimate to Complete). Most importantly, I will show you how to verify ETC numbers directly in the Cost Report.

This ensures your forecast always matches your reporting. An ETC represents the estimated remaining cost needed to finish the project. Updating this allows the system to calculate the ‘Estimated Final Cost’ (EFC), which is the sum of the Total Cost plus the ETC.

To create an ETC, open the Estimate to Complete tab and click Create ETC.

Select the specific Budget Line you are forecasting for and add a Description. Next, enter the Quantity, Rate, and Unit. Click Save to submit it.

Once saved, the system automatically sends an email to the designated Approver (such as the Producer). The Approver reviews the request and clicks Approve. Once approved, the ETC is locked and becomes the official forecast used in the Cost Report.

If you need to use this data elsewhere, you can Download or Copy the ETC. You can also Duplicate it for similar costs or Mark as Complete when the task is finished.