In IC Project you can manage project finance with automatic conversion of employee costs.
If the given employee has an assigned hourly rate and reports worktime on a task in the project, it will be accounted for as a realised cost. It will affect the financial result of the project.
Look at the image below. The current financial result of the sales project is PLN 24 500
Let’s report 1h of work on the board Sales funnel – Development topics. The employee has the rate of PLN 50 / 1 work hour assigned.
The reported hour of worktime has been accounted for in the financial structure as realised cost. Now the financial result is PLN 24 450.
This way, you can verify profitability of your projects, for example, on the basis of employee costs.