Contract Profit & Loss

The Contract Profit & Loss tab shows various financial summaries and is where the Contract Overhead is set.

Contract Overhead

This is where the Contract Overhead is set. Typically it is set to Automatic. Automatic Overheads are created Company Settings (permission required).

See Company Payouts.

Various Summaries

Cash Basis

Cash basis accounting records revenue and expenses when cash related to those transactions actually is received or dispensed.

Accrual Basis

Accrual accounting records revenue and expenses when transactions occur but before money is received or dispensed.

Forecast

Things like expenses and payouts are estimated. But as the project progresses, these estimates become real values.