Analyse gross and net profit by client and project. Revenue versus bills, expenses and employee costs.
Content
- Permissions for Profitability report
- How to navigate to the report
- Customise columns, view sub-units and saved views
- Analyse Gross Profit
- Analyse Net Profit
Description
The profitability report is one of the key reports in Heeros PSA. It shows your gross and net profit in money and percentage (margin), among other useful information. The report aggregates all of your account and project data, including not only revenues, but also bills, expenses and costs that people incur when tracking time.
Permissions: Reports
Give permissions for the profitability report
To give permissions to view Profitability Reports, go to Settings > User Management > Permissions. You can find Profitability Reports under Reports. You can give a user or a group the permission to view or edit.
How to navigate to the Profitability report
From the top menu, click Reports and then click Profitability to access the Profitability Reports.
Customise columns and create saved searches
You can also change your Columns in the report. Save views and use your own built reports to get instant views that matter.
To edit & customise the columns on the report, open the dropdown menu by clicking the three dots in any of the columns. In the dropdown menu, you can select or deselect any information that you'd like to show or take out of the report. You can also hide the column that you selected by opening the dropdown menu.
View sub-units in report
If sub-units are in use, you can activate the toggle under the view icon to view sub-units connected to main units. This way, you can have profitability reporting for e.g. the projects you have had with your client companies.
Analyse Net Profit
When analysing net profit (the amount of income that remains after accounting for all the bills, expenses, additional income streams, and operating costs), you can view for example:
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the total invoiced amount
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the total sum of bills
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the total sum of expenses
-
the total sum of travel expenses
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total hours spent
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total hourly own cost
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total net profit
-
net profit in percentage
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net profit per hour
You can select or deselect any information you like, and thus include any information you find useful.
Analyse Gross Profit
When analysing gross profit (the amount of income that remains after accounting for all the bills, expenses, additional income streams, and operating costs, not including internal hourly own cost.), you can view for example:
-
the total invoiced amount
-
the total sum of bills
-
the total sum of expenses
-
the total sum of travel expenses
-
total hours spent
-
total hourly own cost
-
total gross profit
-
gross profit in percentage
-
gross profit per hour
You can select or deselect any information you like, and thus include any information you find useful.
