Software News: Projected Revenue from Time & Materials Projects (T&M)

Article from

Projected Revenue from Time & Materials Projects (T&M).

The projected revenue from planned hours is now more tangible within the project: It is displayed where invoicing can be individually planned for fixed-price projects: Under "Invoicing".

Project Types & Forecast

For fixed-price projects, you actively plan your invoicing. MOCO automatically forecasts monthly with a monthly budget – for projects billed on a time and materials basis, MOCO calculates the forecast based on the planned hours and recorded hourly rates.

Planned Hours

The new view summarizes the planned hours at the end of the month, similar to the financial report (1). The financial report now links directly to the project and the information in the project (2) directly to the planning. Adjustments can be made there if necessary. In the planning, the view is directly filtered to the project (similar to clicking on the project field in the favorites bar). 

Geplante Stunden = geplante Einnahmen aus Aufwandsprojekten (English image not yet available)

Adjusting the Plan

If a budget is recorded for the project, MOCO calculates the remaining amount. Similarly, the remaining hours are displayed in line with the planning (3). This way, the project manager always has the information on whether a project should be replanned or is overplanned – without needing to switch to the planning.

Terminology Adjustment: Invoicing Plan > Planned Invoicing

The terms Invoicing Plan/Invoicing Plans have been adjusted to "Planned Invoicing" – to achieve consistency with "Planned Expenditures, Planned Revenue, Planned Hours".

Links

Try for free for 30 days

Account ready to go immediately. No payment details required.