✔ Available
on Grow and Scale subscriptions 1
Within Teamwork.com, you track the overall
cost, billable
total, and profit for individual projects.
Note: Only owner company site
administrators can view project
profitability via the Budgets area.
Project
profitability is
calculated as follows:
Profitability = billable
revenue generated - (billable
time costs + non-billable
time)
Go to
the Finance tab of
a project and select
the Budgets subsection.
Project
profitability will be
displayed to the right of
the Budgets area
and will detail:
- Project
name
- Total cost
- the sum of all
users' cost rates
multiplied by the total
amount of time they have
logged on the project in
the current date
range.
- Billable total
- the sum of all
users' billable rates
multiplied by the total
amount of billable time
they have logged on the
project in the current
date
range.
- Profit - the
billable total minus the
total cost gives project
profitability for the
current date
range.
You
can amend
the date range shown by using the date range
picker in the upper right corner of the
project profitability section.
The date range can be filtered by
week,
month, quarter or custom date range. The
custom date range will display a calendar
date picker for you to select your own
date range.
You can also use the toggle beside the
date picker to view the project
profitably based on percentage or currency
value.
Accounts on Scale subscriptions will
have an additional option to View
profitability report which will
bring you directly to the site-level profitability
report.
Note: This report is
available to owner company site administrators
only.
1. Also available on legacy subscriptions: Premium, Enterprise.