This article explains:
Who can use Profitability Reporting
What data is required for accurate results
How to enter technician labor rates and overhead
How profitability is calculated
Important limitations to be aware of
Who Has Access to Profitability Reporting
Profitability Reporting is available to Grow and Enterprise customers.
To get meaningful results, your account must be using:
Parts with costs and pricing entered in Boatyard
Technician time tracking through the Boatyard Pro app
In addition, Technician Labor Rates need to be configured.
Please reach out to support@boatyard.com if you would like access to this functionality!
Note: Availability and packaging may change in the future. At this time, Profitability Reporting is available to eligible customers upon request.
Can Access to Profitability Reporting Be Limited?
Currently, access to the Profitability dashboard cannot be restricted within Boatyard.
If you need to share the report with specific individuals:
A read-only shareable link can be generated
This allows viewing outside of Boatyard without exposing the full dashboard
(Email support@boatyard.com if you need help generating this link.)
Who Can See and Edit Technician Hourly Rates?
Technician hourly rates are considered sensitive information.
These fields are only visible to approved users
Access must be explicitly enabled for specific team members
If you need to grant access, email support@boatyard.com and let us know which users should be able to view or edit labor rates.
Where to Enter Labor Rates and Overhead
Technician Hourly Rates
Once access is enabled:
Navigate to Team Members → Technicians
Select a technician to open their profile
Enter the technician’s base hourly labor rate in the Labor Rate field
Save your changes
A help tooltip is available in the field if guidance is needed.
Labor Overhead (Optional)
Labor overhead can be included for more accurate profitability reporting.
To add labor overhead:
Go to Settings → Taxes & Fees
Locate the Labor Overhead section
Enter an hourly overhead amount (optional)
This can represent:
Shop overhead
Labor burden
Payroll taxes or other indirect labor costs
How Profitability Is Calculated
Once technician labor rates (and optional overhead) are entered:
Boatyard calculates labor cost at the line-item level
The system multiplies:
Technician hours logged
By each technician’s individual hourly rate
Multiple Technicians on One Job
If more than one technician logs time on the same line item, Boatyard calculates each technician’s cost separately and sums the total.
Important Notes & Limitations
Overtime is not factored in
Boatyard uses the technician’s base hourly rate only, as overtime hours cannot be reliably identified.Accurate time tracking is essential
Profitability reporting depends on technicians entering time correctly in the Boatyard Pro app.Rates do not affect payroll
Technician labor rates entered in Boatyard are used only for reporting, not for payroll calculations.