Get an overview of how the person or category hours budget compares to actual time tracked and how much of the budget remains. The report further allows you to get a glimpse of what the remaining budget hours equate to in terms of invoiceable amount.
Figure: Project Earnings and Remaining Value Report
A few reasons to use this report
- Get an overview of the expected time and materials revenue and net gains for projects
- Schedule this report for delivery to keep track of how much of budgeted hours remain
- Compare the actual hours tracked with the budget hours
- Billable Rate/hr
- Cost Rate/hr
- Budget Hours
- Invoiced Hours
- Uninvoiced Hours
- Uninvoiced Amounts
- Uninvoiced Net Amount (Billable Rate – Cost Rate) * Uninvoiced Hours
- Remaining Hours
- Billable Amount
- Remaining Hours Net Amount (Billable Rate – Cost Rate) * Remaining Hours
This report runs by default for All Time, and allows you to choose from multiple filters along with other useful report parameters.
Customers: Select the customer(s) you want to run the report for. You can select one or more customers as needed.
Projects: Select the project(s) you want to run the report for. You can select one or more projects as needed. You can only choose a project after one or more customers have been chosen.
The following predefined date range options are available.
- This Week
- This Month
- Last Week
- Last Month
- Last 30 Days
- Last 60 Days
- Last 90 Days
- Year To Date
- Last Year
- All time
- Custom Date Range(allows you to choose a custom date range in the next parameter)
Start & End Date:
Enter a custom date range to run the report for. This date range is for when the time was tracked for the project.
Archive Status: Choose whether you wish to run the report for just Active or Archived projects, or both.
Project Status: You can choose to filter the project list by project status; i.e Not Started, In Progress, Complete.
Time Format: Choose between Decimal Hours (H.HH) or Hours Minutes (HH:MM)
Apply Rounding: You can also apply rounding to the timesheets tracked, based on your account settings.
Timesheet Approval Status: Choose which status of timesheets you want to run the report for. Statuses include: Draft, Pending, Approved, Automatically Approved and Rejected.
We hope this guide was useful. Need further help with the Project Earnings and Remaining Value report? Please contact our support team via chat or email.