Edition: Enterprise
User level: Director and above
The Business dashboard helps you keep track of key business metrics like invoiced revenue, work charged, WIP, and recoverability. It combines numeric and graphical figures, and can be viewed either monthly or cumulatively.
Invoiced Revenue
Shows the sum of adjusted invoice amounts, calculated from the "Data Reported From" date. The adjusted invoice total is the invoiced value minus any credits or write-offs.
Worked Charge
Shows the charge value of all transactions entered from the data reported from date
It represents the charge value of all transactions with status WIP, Invoiced, Written off or Draft invoice. This figure excludes the Internal project.
WIP Total
Shows the total chargeable value of transactions in WIP or draft invoice status. From the 'Data reported from' date.
WIP > 60 days
Shows the total chargeable value of transactions in WIP or draft invoice status where the transaction date is greater than 60 days old.
Debtors > 60 Days
Shows the value of unpaid invoices that are more than 60 days old, reported from either the due date or the invoice date, depending on Configuration Settings.
Worked Charge by Transaction Date & Invoiced Revenue by Invoice Date
Shows a monthly comparison of the work charged value and the invoiced value for that month.
Charge Value: Total charge value of all transactions entered in that month.
Invoiced Revenue: Sum of adjusted invoice amounts where the invoice date falls in that month.
WIP Breakdown & Recoverability (Invoice value/Total charge) by Transaction Date
Compare your monthly WIP (Work in Progress) breakdown against the WIP value, invoiced transactions for the month, and the written-off value of transactions for that month. This helps you determine the recoverability of your monthly transactions.
Recovery can be defined as the difference between the potential income (Worked Charge) and the Invoiced revenue.
Recoverability = (Invoiced Charge/Worked Charge) * 100
Metric Definitions
Metric | Definition |
Invoiced Revenue | The sum of Invoiced Adjusted Ex Tax where the Invoice Status is not ‘Draft’ by Invoice Date. |
Total Charge | The sum of Transaction Value excluding the ‘Internal’ project by the Transaction Date. |
Invoiced Charge | The sum of Transaction Value where the Transaction Status is ‘Invoiced’ or ‘Written Off’ excluding the ‘Internal’ project by the Transaction Date. |
Recovery % | [Invoiced Charge] divided by [Total Charge]. |
WIP Total | The sum of Transaction Value where the Transaction Status is not ‘WIP’ or ‘Draft Invoice’ excluding the ‘Internal’ project. |