- Parent company and subsidiaries
- Main unit and subunits
- Main project and subprojects (project tree)
- Task & subtasks - Work breakdown structure (WBS)
- Tracking hours to projects, tasks and subtasks
- Examples of account > project > task work breakdown structure
Finago PSA's account and project hierarchy and work breakdown structure lets you easily manage even complex account and project structures. For example, company B is a subsidiary of the parent company A, while it also has its own subunits C, D and E.
Permissions: Accounts, Projects, Resourcing
PSA plans: Enterprise, Enterprise+
Parent company and subsidiaries
A subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company. Subsidiaries are separate, distinct legal entities for the purposes of taxation, regulation and liability.
Main unit and subunits
Main units and subunits can be used, when the same VAT number needs to be used on multiple accounts. A subunit is a division, department or functional area within the main unit, responsible for a specific corporate activity.
Subunits do not have their own business ID. Subunit accounts are managed as regular accounts where you can create projects, tasks, track hours, and do more.
Main project and subprojects (Project tree)
You can create multiple subprojects under a main project. You can even create a subproject to a different account than the main project. This gives you the possibility for grouping complex projects containing multiple accounts under one project tree.
Grouping of projects and subprojects
When creating a subproject Finago PSA will automatically group the main project and subproject together and create a group. The grouping is always for the main project and the first-tier of subprojects. If you create more tiers the same grouping will continue for the later tiers.
Tasks and subtasks (WBS - work breakdown structure)
WBS in project management is a method that breaks a project down into a hierarchy of deliverables: tasks and subtasks. It is a tree structure which shows the subdivision of effort required to achieve an objective.
In a project or contract, the work breakdown structure is developed by starting with the end objective and successively subdividing it into manageable components in terms of size, duration, and responsibility (e.g. systems, subsystems, components, tasks, subtasks, and work packages) which include all steps necessary to achieve the objective.
Grouping of main tasks and subtasks
When creating a subtask, Finago PSA will automatically group the main task and subtasks together and create a group. The grouping is always for the main task and the first tier of subtasks. If you create more tiers the same grouping will continue for the later tiers.
Note: subtasks can be added only in list or gantt view, not in kanban.
Tracking hours to projects, tasks and subtasks
- Track hours to projects: Budget hours to a project and track hours to the project.
- Track hours to project's task: Create a task for a project and track hours to the task.
- Track hours to project's task's subtask (WBS): Create a subtask for an existing project task. Track hours to the subtask.