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Index to Reports: General Ledger Tab
Compares your current profit for the selected job(s) with your budgeted amounts, taking into account the completion percentages for each job.
Report Tip:
Sometimes, as you’re working through a job, money is being spent and received in fits and starts. It can be difficult to figure out whether you’re ahead or behind on the job. This is where job budgeting can be very useful. If your prepare a job budget (how much you expect to bill and how much you expect to spend) for every major job, and periodically update the Percent Complete field in the Job information window, Accounting Plus will help you determine the status of the job
Note: Before running this report, go the Job Information window (General Ledger command center: Jobs List: choose the job) and update the Percent Complete field.
Jobs (Budget Analysis)
Account |
Budget |
Adjusted Budget |
Actual |
Difference |
% Difference | |
_____________________________________________________________________________________ | ||||||
01 Anderson |
Percent Complete: |
85.00% | ||||
Income |
||||||
Retail Sales |
$2,000.00 |
$1,700.00 |
$1,833.50 |
$133.50 |
7.9% | |
Wholesale Sales |
$4,000.00 |
$3,400.00 |
$3,619.50 |
$219.50 |
6.5% | |
Consignment Sales |
$1,000.00 |
$850.00 |
$712.50 |
($137.50) |
(16.2%) | |
Total Income |
$7,000.00 |
$5,950.00 |
$6,165.50 |
$215.50 |
3.6% | |
Cost of Sales |
||||||
Retail Cost of Sales |
$2,000.00 |
$1,700.00 |
$1,153.51 |
($546.49) |
(32.1%) | |
Wholesale Cost of Sales |
$3,000.00 |
$2,550.00 |
$2,301.46 |
($248.54) |
(9.7%) | |
Consignment Cost of Sales |
$600.00 |
$510.00 |
$445.91 |
($64.09) |
(12.6%) | |
Total Cost of Sales |
$5,600.00 |
$4,760.00 |
$3,900.88 |
($859.12) |
(18.0%) | |
Expense |
||||||
Legal & Professional |
$1,000.00 |
$850.00 |
$178.90 |
($671.10) |
(79.0%) | |
Office Expenses |
$1,000.00 |
$850.00 |
$500.00 |
($350.00) |
(41.2%) | |
Meals & Entertainment |
$1,000.00 |
$850.00 |
$1,000.00 |
$150.00 |
17.6% | |
Total Expense |
$3,000.00 |
$2,550.00 |
$1,678.90 |
($871.10) |
(34.2%) | |
Net Profit (Loss) |
($1,600.00) |
($1,360.00) |
$585.72 |
$1,945.72 |
(143.1%) | |