Revenue includes expenses, but Costs do not — leading to flawed Hourly Price and Profit calculation #282
Description
In the Administration / Customers view, "Costs" only include billable staff costs. Billable expenses, which are also costs, are not included.
Revenue is the sum of billable staff costs and billable expenses.
Profit (Revenue - Costs) should really be calculated as Revenue minus staff costs minus expenses. Otherwise, the calculation is entirely incorrect, especially for hourly price (Revenue / Working hours) and Hourly Price (Profit / Working hours).
Ideally, expenses should also have an internal price.
#107
Under Administration / Customers, there should be two types of Costs:
- Staff Costs
- Expenses
The hourly price should only include staff costs.
There should also be profitability tracking for billable expenses by comparing internal cost to billed amount.
Same here:
