Articles tagged #PROJECT PROFITABILITY
Articles tagged
#PROJECT PROFITABILITY

Displaying Approved Time as Actual Costs in Advanced Project Profitability Report

When creating project profitability configurations, theTreat Tracked & Approved Timeas Actual Costpreference enables you to select approved time as actual costs without posting time. You can also display tracked and approved time as actual costs on the P&L subtab. Displaying approved time as actual costs ensures the estimate at completion and estimate to complete calculations are more accurate.

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To copy or edit an existing Project Profitability configuration

Go toSetup > Accounting > Project Profitability.

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To create a new project profitability configuration

Go toSetup > Accounting > Project Profitability.

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Project Profitability Rules

When setting up Advanced Project Profitability, you can create custom configurations for your custom profitability reports.

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Creating Custom Project Profitability Reports

Advanced Project Profitability uses filters to map accounts and items to specific columns and rows within a custom project profitability report. The feature comes with a standard configuration of account and item mappings. You can edit and customize the standard configuration and create custom profitability reports to fit your business needs. You can create multiple configurations. All of your project profitability reports are located at Reports > Projects > Project Profitability Reports.

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