Project Profitability Report

Project Profitability Report

Based on the timesheets created, the Project Profitability Report displays the Profitability and Utilization of each employee.

You can access this report at:

Home > Projects > Reports > Project Profitability

The following information in this report illustrates the project profitability:

• Timesheet

• Salary Slip generated using the Timesheet

• Sales Invoice generated using the Timesheet

Calculation of Utilization

The Total Billed Hours from the Timesheet, the Working Days from the Pay Slip, and the Normal Working Hours from HR Settings are used to compute the Employee's Utilization.

The Utilization Formula is as follows:

Calculation of Profit

Utilization, Gross Pay from the Salary Slip, and the Grand Total from the Sales Invoice are used to determine profit.

The Profit formula is as follows:

Calculation of Fractional Cost Utilization and Gross Pay from a Salary Slip are used to determine the Fractional Cost.

The following is the fractional cost formula: