How is the Profit section computed?

The "Profit" section is calculated based on the difference between billable amounts and the total costs of the project. Here is how it works:

  • billable_amount (billable sum) is the amount that can be billed for the project. It depends on the billing type (time and materials, fixed rate per project, or tasks, etc).
  • total_costs (total costs) include all project expenses, such as employee work time and additional expenses. The profit is calculated as the difference between billable amounts and total costs: profit = billable_amount - total_costs.
  • profit_progress shows how the current profit relates to the billable amounts: profit_progress = (profit * 100) / billable_amount.
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