How to see the project finance overview?

Project finance overview ang 0

Finance Overview is a showcase of all logged project timesheets together including project expenses.

  • Logged Hours – Shows total logged project hours Billable and Not Billable
  • Billable Hours – Shows total billable hours – All time
  • Billed Hours – Shows total invoiced hours.
  • Unbillable Hours – Shows total unbilled hours. Ex. This means that the project has 3 unbilled hours from the last project invoice (If any).
The total values are calculated based on the Billing Type

Example billing type Project Hours

Project finance overiew ang 1

The project has logged total of 3 hours and the Rate per hour in project settings is set to 40$ the calculation will go like this:

40$ x 3 = Total 120$

Example billing type Task Hours

The total per hour in this case is taken from the task Total Per Hour

Example:

Fix Firefox bug – Total per hour is 25$

Create a new table in the database – The total Per hour is 40$

Task 1 (Fix Firefox bug) has logged 1 hour and Task 2 (Create new table in database) has logged 2 hours.

The calculation goes like this:

25$ x 1 hour (Task 1 – Fix Firefox bug)

40$ x 2 hours (Task 2 – Create a new table in the database)

Equal to 105$

Did you find this article useful?