Project Profit Report

The Project Profit management report displays the gross project profit per month in either a dollar or a percentage value. Use the graph to monitor trends in the project profit across a 12 month period. NEW 4.8

*Synergy Enterprise Feature* 

Getting Started

Who Can Use It?	Where Is It?
Director Administrator System Administrator	Reports > Management Reports > Project Profit or click the My Synergy plugin

What is the Project Profit Report?

The project profit report has two graph tabs, which allow you to view the project profit as either a percentage or a dollar value. View the data used to calculate this report in the data tabs. The data is grouped by month, which is based on the invoice date for the transaction. The invoice value shown is excluding tax. Credit, Cancelled Invoice and Write Off values fall into the month the original invoice was created within (not the month of the credit date). Draft invoices are excluded from the report data. Choose if profit is calculated using Standard or Actual Cost calculations, using the settings panel options.

Add the 'Project Profit plugin' to the My Synergy dashboard to see the details as you login to Synergy. Double click on the plugin to open the Management report.

Tip: Learn how to add the management report plugin's to your My Synergy dashboard.

Why use the Project Profit Report?

Monitor the gross profit per month for project work over a 12 month period.

Report Overview

The Project Profit report displays the following data:

• Profit $ graph
  This displays the gross project profit by month as a dollar value. There are 12 months of data shown, which are the current month and the 11 previous months. The Profit is shown as the (Project revenue per month - Cost per Month). Toggle between viewing profit based on standard or actual costs using the settings panel.
  Note: Administrator access level can only view Standard Costs.
• Profit % graph
  This displays the project profit by month as a percentage value. There are 12 months of data shown, which are the current month and the 11 previous months. The Profit is shown as the (Project revenue per month - Cost per Month) expressed as a %. Toggle between viewing profit based on standard or actual costs using the settings panel.
• Data tab
  A row is shown for each month which has invoiced revenue, or where cost occurred for a project. A separate row is shown for cost and unvoiced data. Additional rows are shown for invoices or cost when one of the following details differ: month, office, project manager, sub project manager, cost centre, and discipline. When any one of those details are different on the project, then this is shown as a separate row in the grid. The data tab can be exported to MS Excel®.

The report opens with all the filters selected. This displays the Project Profit as a dollar value or percentage. The graph and data tab are interactive, and they will automatically update as the filters are changed. To learn more about how to apply filters and other management report basics, please review the Management Reports overview topic.

Example 1 - Profit $ Graph

View the profit with a dollar value scale on the left of the graph on the 'Profit $' tab. Monitor the trends of project profit over the last 12 months.

Click the image above to view an example of the report with a bar graph view applied.

Example 2 - Profit % Graph

View the profit shown with a percentage scale on the left of the graph on the 'Profit %' tab. Monitor the trends of project profit over the last 12 months.

Click the image above to view an example of the report with a line graph view applied.

Columns available

The columns shown in the data tab are

1. MonthThe year and month for the revenue data.
2. QuarterThe year and quarter number for the revenue data.
3. OfficeThe Office selected on the Project.
4. Project ManagerThe Project Manager selected on the Project.
5. Sub Project ManagerThe Project Manager that is selected on the Sub Project.
6. Cost CentreThe Cost Centre that is listed on the Project/Sub Project.
7. DisciplineThe Discipline that is listed on the Sub Project.
8. InvoicedThe total amount invoiced in the month shown. If this column is populated then the Cost column will be blank.
9. CostThe cost entered to date via timesheets. The value shown here will either be Standard or Actual Costs, based on the settings panel option chosen. If this column is populated then the Invoiced column will be blank. Note: Administrator access level can only view Standard Costs.

Want to learn more?

Looking for more help? Try reviewing the following topics: View Topics

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