The company global screen will allow each company to define
their current income statement, set a desired profit, and
set a global production factor. Ultimately, it can be used
to project prices based on changes in desired profit,
changes in overhead, changes in employee salaries and
benefits, and changes in billable time.
When inputting a current yearly income statement, Profit
Solver breaks out expenses into 3 categories: Billable labor
costs (direct labor), non billable labor costs (indirect
labor) and overhead. It is your billable employees who get
charged out for to cover expenses and profit. One principle
behind Profit Solver is that by deciding what profit you
want to achieve, you can determine how to charge out your
billable employees. By setting a desired profit, Profit
Solver will recalculate the billable employee % in every
labor dollar billed out to cover all other expenses and
attain your desired profit.

Another principle behind profit solver is setting the billable hours
for each employee. On the global page you will set the default for
all employees which can be over written at the employee level. The
productivity factor is a multiplier that adjusts the cost per
billable minute for each billable employee for non-billable time.
The employees productivity is the amount of billable time out of a
given work period.
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