Contract Profitability report

The Contract Profitability report helps the user to analyze the profit earned for the contract.

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The Contract Profitability report displays the following data:

  • Billed To Customer:
    The amount invoiced to the customer.
  • Actual Cost:
    The actual cost incurred on for the projects linked to the contract.
  • Recognized Revenue:
    The revenues recognized.
  • Cost of Sales:
    The Cost of Sales recognized so far.
  • Profit:
    The profit earned for the project.
  • Profit = Recognized Revenue - Cost of Sales 
  • Profit %:
    The profit expressed in percentage for the project.
  • Profit % = (Recognized Revenue - Cost of Sales) / Recognized Revenue