FAQ - Can I enter in a budgeted Margin in the JSR?
Yes. In Admin > Setup > Accounting > Cost Report, create/edit a row for Net Margin. In the budget field for this margin row enter your margin formula,
This definition will vary based on how you enter your budgets in the project profile. Options include:
- [Expense Bill] + [Labor Bill] - [Burdened Labor Cost] - [Burdened Expense Cost]
- [Burdened Labor Cost] + [Burdened Expense Cost]
- (Labor Bill Budget + Expense Bill Budget) – (Labor Cost Budget + Expense Cost Budget) / (Labor Bill Budget + Expense Bill Budget)