PROJECT ANALYSIS

Question asked by Mustapha Awudu 7 years ago

Good morning, i will like to know why the "PROJECTS" only displays Revenue but does not include the Cost of sales. i will like each project to estimate its own profit/loss situation. kindly assist.

4 Replies

Hi Mustapha,

Looking into this it appears that the reason why none of your projects is showing the cost of sales due to all the cost of sales bills being unallocated to a project. Which is why these can be seen all built up under the project header "NONE".

Once these invoices are assigned to a project this should show a true reflection of the profit and loss for each project.

All the best, Theo

Hi Mustapha,

Could you advise to which projects report you are using that does not feature cost of sales? The Project report tab shows all aspects of the P&L of all projects running between the date range specified.

All the best, Theo

Hi Mustapha,

Looking into this it appears that the reason why none of your projects is showing the cost of sales due to all the cost of sales bills being unallocated to a project. Which is why these can be seen all built up under the project header "NONE".

Once these invoices are assigned to a project this should show a true reflection of the profit and loss for each project.

All the best, Theo

What im saying is that, the projects have a Profitability option you can click to see the total revenue. my question is this:

  1. Where cant each project work out the profitability by taking into account the cost of Sales.
  2. All i see there is Revenue = the total sales & EXPENSES being Zero.

im saying, the same features that are in the Profit and Lost Report should be in the Projects Feature.

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