Projects - Display potential project margin and variance
To display the potential project margin % and variance from expected invoice and costs as baseline to compare with actual performance. OR allow the project report to be customised to add calculated fields. So staff can instantly see the potential of the project, and look to adjust if necessary before sending to quote or invoice.
Ian Reedy
shared this idea
Hi everyone, thanks for your engagement so far. We can see how having visibility of potential project margins and variance while work is still in progress could help you identify issues earlier and make more informed decisions before a project is complete.
I've updated the status of this idea to Gaining Support so we can continue to track the interest here. If this is something you'd like to see, please keep voting and share how you would use projected margin or variance information in your project workflow.
-
Tom Partridge
commented
When on the Projects homepage, it seems you can only view the financial status of a project by having the project settings "calculate from tasks & estimated expenses". However, when we have fixed price tasks it would be good to show the actual financial status with realtime hours being logged against a project vs the agreed fee. This info is available on the Profitability tab of each project, but it would be nice to see at a glance a snapshot of all projects.
-
Ian Reedy
commented
tihs item is listed as completed, and closed for comment. A shame as it is partially completed only. Project Reports | Option to custom reports
Please give us the option to also edit and custom project reports, I need to add fields, run reports by date and add calculation fields. Currently we have to export available reports and edit in excel, it would be great to do it in Xero.Either I have missed something or you still cannot add calculated fields? happy to by advised and corrected.