New in Profit 21

Projects

 

New financial integration methods for Projects

In Profit 21, you can configure that Profit will only journalise the revenue based on the hours spent (actual costing) by using three new financial integration methods per project. This can be done by dividing the contract sum and/or using the sales value of hours to be invoiced With the new methods, you can make an adjustment on scheduled hours or you can periodically adjust the calculated revenue based on amount before journalising.

 

Projects on open forecast

You can now always create a project based on a forecast even if the forecast has the result Open or Closed and not scored. Previously, this was only possible if the forecast was Closed and scored. This allows you to easily create a project with the same data, enter the actual costing and start budgeting and quoting per phase in relation to a current forecast.

Two alerts have also been added (delivered as blocked) for this that allow you to check if there are open or closed but unscored forecasts for which a project has been created anyway: Ongoing project with an open forecast (Profit) and Ongoing project with a closed - unscored forecast (Profit).

Note!

When triggering the alert in relation to current projects with an unscored forecast, it will also be triggered in relation to existing projects. Add a filter based on date if you do not want this.

 

Cost estimate/quotation with stock in InSite

You can now use stock items in the cost estimate/quotation in addition to costs, work types and non-stock items. This means that you can work entirely from InSite! You use this mainly when working with Projects or not following up on a quotation you send.

As long as the cost estimate is not final, you can add or change stock items and compositions of the Product and Production article type. You carry out making final yourself, you supplement with series and batch numbers and you convert into a sales order in Profit.

 

 

Plus and advance lines WIP totals

As of now, you can no longer delete Plus lines and Advance lines. If you want to delete a plus or advance line, you now need to write them off. The Delete action button in the entry programme no longer exists. The lines are retained with the Plus line written off (PB) and Advance line written off (VB) status. This way you can always see what the source of a line is and avoid invalid deletions.

 

More great functionality

  • Using a quotation in actual costing
    For clarification purposes, the 'Use cost estimate date in the actual costing' will now be called Use the cost estimate planning date as the actual costing.
  • UBL sales invoices
    In the UBL for sales invoices, the name of the employee will now be included in the invoice line. This applies to all sales invoice types.