CLIENT metrics

EazyProject

Thomas Bolvig Amorøe avatar
Written by Thomas Bolvig Amorøe
Updated over a week ago

BILLABLE WORK

This is the sales value of all hours that categorize as “Billable hours” (see STAFF metrics article).

Remaining budgets

Expressing what is still left to be earned on external client projects that are not of "Contract type": "Not for invoicing" ("Faktureres ikke").

The formula is:

"Net turnover budget" – Billable work recognized already on project

Only including projects that are open in status: "Active", "Paused", and "Planned".

If Billable work exceeds "Net turnover budget", Remaining budget will be set to zero (i.e. can never count as negative).

On the single project, Remaining budget is distributed evenly until project end date. If end date is in the past, the entire Remaining budget is counted tomorrow.

As mentioned above, Remaining budget is calculated per project, which is then summarized to client level and all the way up to entire company outlook.

Gap

Gap is only shown for current fiscal year. And is equal to:

Total Finance revenue budget for the year – Billable work – Remaining budget within current fiscal year

See and modify your revenue budget here.

Project revenue

Looking at all external client projects (i.e. client not defined as "Internal" in GoSimplo setup), the components of Project revenue are:

  1. The sum of sales invoices (excl. VAT/taxes) that are "Approved" and have an invoice date within the selected time frame.

  2. From this all "expenses" and "supplier invoices" are subtracted (mileage entries are not subtracted as they are not available)

TRUE BILL RATE

Expressing the average effective hourly rate on the projects that have been closed in the selected period (status "Ended"/"Afsluttet").

All transactions from the closed projects are included - regardless of their timing.

The formula is simply:

Project revenue from closed projects / Total hours used on the same projects

See and modify your True bill rate target here.

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