Odoo 13 Project Profitability – CBMS Odoo ERP

Odoo 13 Project Profitability – CBMS Odoo ERP

Odoo 13 project profitability

In any kind of business firm, it is necessary to know the profitability of a project. Profitability overwork could help the company to decide whether we should continue the service or not. In a project invoiced based on ordered quantity or on the basis of timesheets cost of an employee.

Timesheets provides the time spent hours by the employee on the project. So that they can measure the planned project over the actual project in progress. Project profitability can be effectively calculated when every employee completed their timesheets.
Profitability = Invoiced + To invoice – Timesheet costs

We can also analyze profitability with the help of an analytic account. The analytic account will automatically be created at the time project created with the same name as the project.

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