Deduct indirect cost from gross revenue

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Posted on by NJK

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Hi everyone,

My query revolves around setting up a cost which is an indirect one in the project management module. Now, the client wants it to be deducted from gross revenue to arrive at net revenue, but it can't be charged back to the customer. How can I set this up? Any ideas?

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ZvikaR 190 on at

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In Project Management and Accounting module there is a functionality called "Indirect Cost" that can allow you to burden your HOUR transactions' cost by a percentage, and in such way affect your net profit, without having that amount billed to the client.

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NJK 160 on at

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Thank you so much Zvika, will try it out. Sorry for the delayed response. :)

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Ludwig Reinhard Microsoft Employee on at

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Hi NJK,

When testing please check also non hour transactions. The issue with the indirect cost function is that it works for hour transactions only. Yet, this might already be sufficient?!

Best regards

Ludwig

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NJK 160 on at

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Thank you Ludwig, this helped. :)

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