Track the profitability of each project you execute by linking different accounting transactions to the appropriate project. When invoices, purchase bills, and expenses are associated with projects, you can filter reports by project to assess the financial performance of each one.
In this guide, we’ll walk through how to link documents to projects and generate a detailed profitability report for each project.
Adding a New Project
Before you can link transactions to a specific project, make sure the project has been created in the system.
To add a new project:
From the main menu, click on “Projects.”
Click the “Add” button at the top of the page.
Enter the project name and the required details.
Click “Save.”
After creating the project, you can select it from the “Project” field inside invoices, purchases, and expenses to link transactions to it.
Exporting Projects to Excel or CSV
You can now easily export the list of projects registered in Wafeq. This allows you to review project data externally, share it with your team, or keep a backup copy.
To export the list of projects:
From the main menu, click on “Projects.”
Click the “Export” button.
Choose the desired format:
Export to Excel
Export to CSV
Or Copy to clipboard to copy the data directly.
Linking Transactions to Projects
When creating any transaction in the system, you can associate it with a specific project by using the "Project" field shown within the transaction page.
Filtering Reports by Project
Once transactions are linked to projects in Wafeq, you can easily view the financial performance of each project through the available reports.
Go to "Reports" from the main menu, then open the report you wish to view.
Click on the "Filter" button, select the project or projects you want to focus on, and then click "Apply" to update the report to show only the relevant transactions.
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