Reference: Project Profitability Report
This report helps financial users analyze project profitability over a given time period. The
report helps you to understand how direct and labor costs consume the profitability
of your project. This report pulls direct costs from journal lines and labor costs
from approved worker time blocks. It calculates the gross and labor margins by
project and project hierarchy.
After prompting you with required filtering criteria, such as
Ledger
and Time Period
, Workday
displays a grid type report with these calculated results.Fields | Description |
|---|---|
Revenue
| The total revenue associated with a project or project hierarchy. This amount is all
revenue booked to the accounts prompted for this report. |
Direct Costs
| Total direct costs related to the project excluding hours. This amount includes
project expense reports, supplier invoice billable transactions, and any
other costs incurred to the project worktag. Uses all the Direct
Cost Accounts you select from the prompt on the report
filter page to populate this column. |
Labor Costs
| Total labor costs based on actual hours logged and the standard cost rate entered on
the resource plan line. Uses the All Time Blocks data
source and returns the calculated total labor costs for a worker based on
their role. |
Gross Profit
| Total revenue after costs: Revenue - (Direct
Costs + Labor
Costs ). |
Gross Profit Margin %
| Gross Profit / Revenue . |
Labor Margin
| Revenue - Labor Costs . |
Labor Margin %
| Labor Margin / Revenue . |