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For reports, which provide you with up-to-date detailed information on projects in all statuses, refer to Project Costing: Reports.
Analysis of project costs and revenues
For more effective execution of projects, you need to be able to assess factors that affect project costs and project returns.
During a planning stage, you can create estimates of possible costs and revenues with the selected levels of details.
When creating cost estimates, you can use the following levels of details (analytics parameters): Departments, Business Activities, Cost Elements (such as labor cost associated with a particular employee, Items (such as materials, stock items, or services), and Fixed Assets (if you need to use special equipment, devices, vehicles for the project). You can provide the cost estimates for each applicable combination of these details.
If for projects, material costs are calculated on purchase, you can choose whether you want to be able to analyze the project's material costs: By Business Activity and By Department.
For revenue estimates, you can use the following levels of details (analytics parameters): Departments, Business Activities, Income Items, Items.
When the project is being executed, you will need to correctly link documents to the projects and specify the analytics parameters.
You can use the reports in the Project Costing module to analyze each project's actual costs and revenues, compare to estimated costs and revenues, review the project cash inflows and outflows. For more information, refer to Project Costing: reports.