Forecast Tool is a feature where you can view your project's status. It displays a summary of your expenses, labor costs, and overheads allows you to forecast. It provides you with an estimate of your net margin.

To use the feature, do the following steps:

1. There are two(2) ways on how to access the page: 

  • From your project page, go to Dashboard/Management tab and click View on the Forecast Report tile. 
  • From the navigation bar, go to Management > Reports > Forecast Report > Forecast Report. Or type in 'Forecast Report' from the search bar located on the upper right corner of your portal.

2. Choose the Project Name then select View Record.
This only applies to forecast outside project.

3. Displayed will be the different areas of forecast: You may click on the tiles or tab to view more details.

REVENUE

This tab is defaulted to your Payment Claim Revenue. It displays all payments you have received to date from your Client for your Payment Claims.
Click here for more information.

EXPENSES

This tab helps you keep track of and estimate for your expenses.
Click here for more information.

 

LABOUR

This tool helps you estimate your labour costs against your running labour costs for each employee.
Click here for more information.

PROJECT OVERHEADS

These are the overheads that are unique to a specific project, during a specific period, and that change from job to job.

Click here for more information.

PROJECT FINANCIALS

It shows a summary of the first three tables - Expenses, Labour, and Project Overheads. It displays your Net Profit and Net Margin.
Click here for more information.

CASH FLOW

All your transactions that involve money are recorded on this table.
Click here for more information.

Did this answer your question?