Why is there no profitability metric shown for some or all of my projects

There are use cases when we are not able to show project profitability for some of your projects. Below is the list of possible reasons:

The project in Harvest in set as non-billable

If the project in Harvest is set as non-billable, it'll lack the monetary budget (represented as money). We need the project project to have monetary budget set to be able to calculate profitability.

The project in Harvest is a Time & Materials project and it has a non-monetary budget set. There are no bill rates defined and no invoices issued for the project

In Harvest there are multiple ways to set a project budget. For Harvest Dashboard, we either need a monetary budget set (represented as money) or bill rates present to calculate the most accurate profitability. In case your Time & Materials project has invoices issued, we will use the invoiced amount totals to calculate profitability.

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The project in Harvest is a Fixed Fee project, but it has a non-monetary budget set

For Harvest Dashboard, we need a monetary budget set (represented as money) for Fixed Fee projects. This means that any variation of budget set in hours or no budget set won't allow us to calculate profitability for Fixed Fee projects.

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The project in Harvest is a Time & Materials project but doesn't have Bill Rates set

In order for us to calculate the budget spent, we use the Bill Rates set in Harvest for the project multiplied by the effort. If the Bill Rates are not set, we can't calculate the budget spent and therefore the profitability.

There are no Cost Rates defined for resources who tracked their time on the project

If you have no Cost Rates defined in Harvest for the resources who tracked their time agains a particular project, there's no way for us to calculate the Internal Cost of the project and therefore no way to calculate profitability

The client-level currency is different from the account-level currency

If you've set currency for a client that is different from your default Harvest currency you'll always have the following situation:

• Budget will be in client-level currency
• Costs:
  • Resource-based Costs will be in account-level currency
  • Expense-based Costs will be in client-level currency

As a result we'll have 2 sets of units (currencies) for the metrics we use to calculate profitability. And since we can only compare values in the same units (currencies), we won't be able to calculate the profitability.

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The project doesn't have any time tracked and no expenses yet

Even if all the prerequisites are there (budget represented in money, bill rates, cost rates, etc), if the project doesn't have any hours tracked to it yet and doesn't have expenses - we won't be able to show profitability for it.