Profit report by project
As time entries are linked to projects, invoices, expenses and bills should also be assigned to projects. That way a profit report by project could would also be possible.
Hi,
We now have the option to run Profit and Loss reports based on Projects.
You can go to Profit and Loss report and click on the customise option, you will see the option to select a Project there.
Hope this helps.
Regards,
Zoho Books Team.
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PB commented
Amen!!!! An absolute need for a running company.
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Nate Owens commented
agreed. Need to book purchase orders against projects. Or link them to projects.
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Ahmad commented
this may also be needed for CRM deals/ potentials.. they're practically the same concept for project.
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wim commented
To put it bluntly: this is a must have.
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Anonymous commented
This has been on the priority list for 2 years. come on Zoho.... P&L for projects... how hard can it be?
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Anonymous commented
We sell products to customers for different projects it is essential we know the profitability of each project. Surely this is a basic feature of all professional account software systems? We have ZOHO CRM and really like it and want more complete integration. Not having this will stop us migrating to ZB and move to MS Dynamics for finance & CRM. I would appreciate some feedback as to where the issue is at and and the timeline on the solution.
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Anonymous commented
We are a project services company and have multiple projects for one client. We need to do project specific invoicing and also need to track project specific cashflows... your competitors do have this feature...
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Paula Atherill commented
We have had 2 clients in one month that have requested this feature. We have lost their potential business because Zoho Books is unable to do this.
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Anonymous commented
In The Projects report and Work Sheet in know related with invoice and expenses, why dont you show a profit project report if you already got all stuff together? This will be greatest!
Please have in Mind. -
Nikolas Prehn commented
We would like to group supplier invoices (or our POs to them) + freight invoices (or our POs to them) with our invoice on each project.
A project could also be by product type, or alternatively treat each client as a project, so that we can see the profit per client and/or per product.
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Derek Tipton commented
We have a business which owns multiple rental properties. Each one is set up as a project in Zoho books. IRS Tax filing requires each residential rental property be broken out individually on a separate tax form (IRS Form 8825) by income and expense categories. Using Quickbooks, we used classifications and ran the P/L statement for each property which worked perfectly. Without a report it's going to be a tedious task to complete this form and being confident it's correct. This feature would greatly help in that effort, as well as give us an indicator of profit/loss by each property which is great information to know! Thank you
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Anonymous commented
Yes please! I am an event planning company and its essential to track profits per wedding! :)
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gina@catstrat.com commented
We are very happy using the tagging method for this, however, now that we can add customer and projects into invoices and bills, please add the filtering for this in the P&L report section--voila then we are good to go!
One nitter: Can you also add the customer projects to the journal entries? We can pull down customer but not the projects. Using tags for now but will need this also included in our P&L reporting.
Thanks! -
Travis Gray commented
Yes Please! +1. As a Production Company we need to see a simple report for each job's Profits.
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Jon Mannhaupt commented
Can you update the status on feature?
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gina@catstrat.com commented
Report tagging still is the best solution right now especially until we can also run P&Ls that include journal entries towards a project (only customer pulls down right now). So happy with the progress that has been made, thank you!
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Anonymous commented
Im on a trial version, and Profit by projects will surely make my financial reporting easier. i will surely subscribed if ZOHO has a feature that cater profit report by projects.
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gina@catstrat.com commented
Soooo close, we can now add client & active project in Vendor Bills put the P&L report does not currently allow those fields for filtering. Almost there!
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Bill Toothaker commented
Please tell us the current status of this feature and the estimated launch time.
Thanks! -
John Reiner commented
Under review since July 9, 2015? Let's get this one done!!!
We need to track profit by customer/project for our business. Zoho is so close - just need to add the Account/Project to Purchase Orders and Bills. Then reports can be run on a Per Account or per Project basis.
ZOHO expenses already does this - just add the functionality to the Bills.
For instance, PO's UPS expenses, and other direct expenses are attributed directly to a discrete project. We need to monitor the project profitability so we can understand our gross margin and make any adjustments as necessary.
We do 1000's of projects per year - so automating this reporting is critical.
We look forward to your favorable decision to add this functionality.