If you invoice different amounts over the life of a project, your profit and revenue forecasts just got a lot more accurate.
You can now customize anticipated revenue by phase, by month, directly from the project details page. This lets you match your invoicing schedule to how you actually plan to bill your client.
For example, in the screenshot above, the firm expects to invoice 50% of the Schematic Design budget in the first month and 50% in the last month, so they’ve adjusted the schedule accordingly.
If you typically invoice evenly across a phase, there’s nothing you need to do — we automatically create a default, evenly distributed schedule for you.
But if your billing varies over time, be sure to review and update your revenue schedule. Doing so ensures your profit and revenue reports reflect reality as closely as possible.
Learn more here.
Enjoy more accurate profit and revenue forecasts! 📈