Steps
- Open the agreement and choose Statement & profitability. Choose the period: Life to date, a preset, A specific date or Date range (from โ to).
- Result: revenue (invoices and credit notes, prepaid hours earned), less supplier invoices, expenses, crew and direct costs, and other costs of its machines while on hire - the contribution - then the depreciation of our machines while on hire, and the profit and margin.
- Against the agreement: for each machine, the hours or days worked, the revenue at the agreed rate, the partnerโs charge (hired in, e.g. 5,000 an hour), share (co-owned) or the ownerโs part (managed), and the crew per day worked - the agreed margin, against the actual one.
- Below: the invoices with what is paid and unpaid, the supplier invoices (and orders not yet invoiced), the expenses, and every ledger line behind the result.
- Print / PDF prints the statement; Export (CSV) downloads the lines.
Good to know
- The result is from the ledger - drafts are not in it. Hired-in example: our rate 7,000 an hour, the partnerโs 5,000 โ 2,000 an hour agreed margin; 126 hours โ 252,000.