What does "ETC" mean?

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[ETC] is a relatively complicated index that many users have no idea about it.

To process a project, we need external costs such as translation fees and internal costs like employees' time spent. "ETC" is the sum amount of these costs. If a user issues a PO, the external cost is updated and deducted from the sum amount above.

* ETC = (EXP EXT COST + EXP INT COST) - (EXT COST+INT COST)

In other words, it is the expected costs left that a user needs to complete the project. 

By the way, when a project is finished, the costs can be changed due to some circumstances. In this case, a user may adjust the ETC's value to "0", which expresses "no more costs necessary." 

And a user can check the project's completion rate with this index. The status of "no more costs necessary" means that the project is completed 100%. 

"ETC" is an abbreviation of "Estimation To Completion," which means the expected costs left to complete the project.
 
Adjusting [ETC] to 0 makes the [COMPLETION RATE] 100%.


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