User GuideProfitability

Profitability

See what each client and project earns after the cost of the time spent on it, and who did the work — with revenue, cost, profit, margin and earned per hour, correct across currencies.

Revenue · Cost · Profit · Margin · Earned per hour · By client, project & person · Multi-currency
User GuideProfitability

What profitability shows

Profitability puts your client invoices next to the cost of the time your team tracked on that work. For every client and project you see what came in, what it cost and what was left. Premium & Enterprise

Revenue vs cost
Acme Ltd
Northwind
Globex
RevenueCost

Opening the report

1
Open Profitability
Choose Profitability in the sidebar.
2
Pick a period
This month, last month, this quarter, year to date or the last 12 months.
3
Choose how revenue counts
Invoices issued (what you billed in the period) or Payments received (what was actually paid).
4
Switch the view
See the list by Clients or by Projects, search, and sort by profit, revenue, cost, margin, hours, hourly rate or name. Expand a row to see the people who worked on it and their hourly cost.

Reading the numbers

FigureWhat it means
RevenueInvoiced (or paid) amounts for the client or project in the period.
CostTracked and logged hours multiplied by each person's hourly cost.
ProfitRevenue minus cost.
MarginProfit as a share of revenue.
HoursTime spent on the work in the period.
Earned per hourRevenue ÷ hours — what an hour of your team's time really brings in.

Cost uses each person's hourly rate, so keep hourly rates up to date for accurate figures.

More than one currency

If you invoice or pay people in different currencies, totals are converted into your reporting currency (change it with the currency picker in the top bar), so figures are never added up across currencies by mistake. You can always see the original amounts in each currency.

Converted totals
Shown when an exchange rate is available for every currency involved.
Original amounts
If a rate is missing, TeamTrackin shows the amounts per currency instead of a made-up total, and tells you which rate is missing.

Who can see it

Profitability shows money figures, so it's off for most people by default.

Permission: Company → Groups & permissions → Reports → Profitability. Only the account owner has it to start with, Admins included. The owner can tick it for the Admins group or any finance or management group as needed.

Know which work pays

Profitability is part of Premium and Enterprise, built from the invoices and tracked time already in TeamTrackin.