7.12.1 - Project Costs
The job cost tab is available in the options of the Project interface. On the one hand, there is a summary table of all the costs generated by the work, and on the other hand, there is a graph that includes 3 curves on materials, time and supplier as well as 2 lines for the amount of margin and another one to indicate that the initial costs have been exceeded.
(A) The total cost allocation table.
(B) The graph of total costs according to materials, time and suppliers.
The straight line in gray is the ceiling of the initial estimated costs.
The straight red line indicates the ceiling that must not be exceeded for the project to be profitable.
The space between the two lines represents your profit margin.
Thus, when you go over the gray line, you reduce part of your profit. It’s therefore important to keep a close eye on the costs of the work in order to make the most profit possible per project.
7.12.2 - Assigning Project Costs
Purchase orders help assign costs to the project when they are received for the Supplier materials section. For materials that are not on a purchase order, they must be added manually. The Real column is completed using the costs on the receiving orders and manual entries.
Work orders allow, among other things, to apply time-related costs to the project. Simply invoice a work order in Invoices.