Project Summary Reports - Include estimated expenses
Creating projects in Xero is a great and useful function. Creating estimated expenses inside of the projects is even greater. However, those estimated expenses not showing estimated costs to complete the project is a missing crucial feature for me. Currently the estimated costs do not show in projects summary reports unless there are expenses towards that estimated expense item. This is a major flaw because anyone wanting to track estimated expenses needs to know the estimated costs to complete on all projects.
Similarly, projects will zero cost or revenue do not show up on project summary reports. This is also a flaw as one would want to know upcoming backlog that has not yet started to accumulate costs.
Kyle Te
shared this idea
Thanks for the detail in your idea here, Kyle. We don't have plan for this atm but we'll track interest in this through the community and share if there's any updates.
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Kirsten Penny
commented
Yes - agree with Kyle - it makes it hard to see the true picture of the project. If we save money by not using an estimated expense, we would like to see that reflected in the full project financials. If we've budgeted in for a consultant for example and then we end up doing that part of the project in house, our labour cost is now going to be higher, but our project is not going to show the savings from the estimated expense so the overall result is not going to be a true indicator of profitability.
I really would like to see this added into the reports too! Thanks