How can managed service providers track client profitability using Zoho?
MSPs can use project and client-level tracking features in Zoho Books and Zoho Projects to determine profitability:
Job Costing: Assign direct labor, materials, and overhead to each client or project.
Time Tracking: Monitor billable vs non-billable hours and integrate with payroll/pay rates.
Invoicing Based on Milestones: Recognize revenue based on project progress.
Profit Margins: Calculate profit by subtracting costs from revenue per client.
Custom Financial Reports: Generate profitability dashboards using Zoho Analytics.
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