The Planned Project P&L (By Budget) report provides a detailed breakdown of the planned profit and loss for a project, based on budgeted figures. It outlines both revenue and cost components across various project tasks, enabling effective monitoring of projected financial performance. The data is sourced from the project budget document generated through the Project Costing module.
Project-Name of the project (e.g., DAMAC Towers).
Code WBS / Project Task-Breakdown of project into phases or tasks (e.g., Concrete Works, Preliminaries).
Revenue / Cost- Identifies if the line is income (revenue) or an expense (cost).
Income / Expense Item-Category of the transaction (e.g. Sales Revenue, Material Costs, Labor).
Item-specific material, service, or item being bought or sold (e.g., Sofa, Wood).
Revenue entries show quantities, unit prices, and total amounts, while cost entries are listed as negative values, reflecting planned expenditures. Totals are provided per section and summarized at the project level to reflect the net planned result.
Filters on the right panel enable users to refine the output by entity, project, project task, company, or income/expense item. The “Without templates” option ensures that only actual planned data is shown, excluding template-based assumptions.
The report is useful to show the budgeted profitability of a specific project phase (before actuals). Comparisons between planned revenue vs. planned costs for each task/item in the project. plan resources efficiently, and support informed decision-making throughout the project lifecycle.
This report provides a detailed financial overview of a project based on planned (estimated) figures. It outlines both expected revenues and associated costs categorized by task and item level, supporting effective budgeting and cost control during project planning.
Field Descriptions
Project refers to the name of the specific project phase or task being reported on, such as Concrete Works.
The Code WBS, Project Task indicates the Work Breakdown Structure (WBS) code and associated task, which helps identify and categorize the scope of work.
Revenue / Costs denotes whether the entry is classified as an income (revenue) or an expense (cost), allowing for clear financial differentiation.
Income / Expense Item describes the particular income-generating element or cost-incurring component relevant to the task.
Item lists the detailed subcomponents or specific line items that contribute to the overall revenue or cost calculation.
The report shows the estimated profit for the "Concrete Works" task by comparing planned revenue and costs. Revenue totals AED 478,296.03, while total costs amount to AED 400,238.09 (including materials, labor, depreciation, and subcontracting), resulting in a planned profit of AED 70,053.18. The report helps assess profitability and cost distribution for better project planning.