Actuals are viewed from a planned(actuals/cost) versus realized(WIP actuals/cost).
1. What steps are needed to ensure the correct rate is associated with the project?
a. Create a rate matrix.
b. Associate the rate matrix to a project for each labor type.
When the entity-level matrix, no matrix, or incorrect matrix is associated with an investment, it will yield unexpected rates and costs.
Make sure the correct rate matrix is used.
2. View the planned and actual costs by creating a cost plan from either (Team Allocation/Investment Team or Task Assignments)
The rates are obtained directly from the live matrix in Administration > Finance > Manage Matrix (PPA_MATRIX)
For planned actuals/cost, use the Project > Financial Plans > Cost Plan > Populate the detailed cost plan from Team Allocation/Investment Team
For realized(WIP actuals/cost), use Project > Financial Plans > Cost Plan > Populate the detailed cost plan from Task Assignments
Both methods will always show the planned units and cost and actual units and cost from WIP from matching grouping attributes.