Run the Project profitability report to analyze profit or loss by project for a specified date range.

Use the following invoice parameters to filter the report:

Parameter	Description
Invoice	Select whether to include customer invoices for actual project transactions.
On-account	Select whether to include on-account invoices.
Invoice date	Select the starting and ending invoice dates to include.
Invoice account	Click Select. In the ProjPrintInvoice form, in the Criteria field, select an invoice account to include. To add more, click Add.
Project contract ID	Click Select. In the ProjPrintInvoice form, in the Criteria field, select a project contract to include. To add more, click Add.
Sales currency	Click Select. In the ProjPrintInvoice form, in the Criteria field, select a sales currency to include. To add more, click Add.
Invoice	Click Select. In the ProjPrintInvoice form, in the Criteria field, select an invoice to include. To add more, click Add.

Review profitability

When you generate this report, the following default parameters are shown. You can use these parameters to filter the data that will be shown on the report:

Parameter	Description
Include project types	Select the project types to include on the report.
Include transaction types	Select the transaction types to include. You must select at least one.
Project date	Enter a from and to date to include project-posted transactions.
Ledger date	Enter a from and to date to include ledger-posted transactions.
Actual vs. Budget	Select whether to show actual values or budgeted values.
Forecast model	Select the forecast model to use for the report.
Project view	Select how the first column is displayed on the report.
Project level	Choose the number of subproject levels to display: 0 – Summarize all projects in one line 1 – Show only parent projects 2 – Show subprojects
Skip blank ID	Exclude projects without IDs, such as internal ones.
Skip zero	Exclude rows with amounts equal to zero.
Show amount	Choose how to display amounts: With decimals – Two decimal places Without decimals – Rounded to integers Amount in 1,000 – Rounded to thousands Amount in 1,000,000 – Rounded to millions
Show hour	Select whether to display quantity of hours, cost for posted hours, or both.
PL ratio	Choose how to display the profit/loss ratio: None – Do not show the PL ratio column Gross margin – Show revenue minus cost Value-added – Show gross margin as a percentage of revenue Both – Show both gross margin and value-added percentage
Project	Click Select. In the Project profit and loss form, select projects to include. To add more, click Add.

Standard procedure

1.	Go to Project management and accounting > Inquiries and reports > Cash flow reports > Project cash flow.
2.	Select Yes in the Time and material field.
3.	Select Yes in the Fixed-price field.
4.	Select Yes in the Hour field.
5.	Select Yes in the Expenses field.
6.	Select Yes in the Item field.
7.	Select Yes in the Fee field.
8.	Select Yes in the On-account field.
9.	In the From date field, enter a date.
10.	In the To date field, enter a date.
11.	Select Yes in the Include paid payment field.
12.	Select Yes in the Include expected payment field.
13.	Click OK.