The Financial Summary Tab shows all the financial information of the contract job summarized in a single tab.
Original Value |
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Shows you the original value in which the contract total records.
Approved Variations |
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Generates the total amount for all variations approved by the customer.
Current Value |
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This will allow you to see the total value of the contract job so far.
Invoiced To Date |
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Shows the amount in a price total of how much has been invoiced to a client up to the current date.
Balance To Be Invoiced |
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This is the remaining balance that the client needs to be invoiced for.
Original Budget |
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The estimated total the contract job.
Variations |
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Generates a total for all the variations on the contract job approved or unproved alike.
Total Budget |
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The amount initially intended to be spent on a contract job.
Total Costs to Date |
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Accumulated cost on a contract job up to the current date.
Cost to Complete |
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The remaining cost on a contract job up to the current date.
Budgeted Profit |
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The amount of profit against the total budgeted.
Profit to Date |
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Accumulated profit to the current date.
Future Profit |
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This calculates the contract job profit then subtracts the invoiced amount to equal the total future profit.
Expected Profit |
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Expected profit is calculated by subtracting the cost from the total quoted on the contract job.