Project Report

"Vasyĺ V. Vercynśkyj" fuckel at ukr.net
Wed Jul 6 04:57:26 EDT 2011


Good day!

Let's imagine the setup:

One day I decided to go into new business and I chosen… pillow making. I 
supposed to produce pillows stuffed with feathers and foam-rubber. Thus 
I have two business projects to realize:  Feathers Pillows (Project 
codename "FP") and Foam-Rubber Pillows (Project codename "FRP").

Simplified Account Hierarchy looks like that:

- Assets € 600
-- Accounts Receivable
-- Bank account = € 500
-- Cash = € 100

- Liabilities € 0
-- Accounts Payable
-- Credit Card

- Income € 0
-- My business
--- Sales
--- Services (provided)
-- Other incomes

- Expenses € 0
-- My business
--- Material purchase
--- Services (received)
--- Employee's fee
-- Other expenses


And Subjects Hierarchy looks like that:

- Vendor
-- Poultry farm
-- Textile manufacture
-- Polymer plant

- Customer
-- Supermarket
-- Furniture shop

- Employee
-- Seamstress
-- Odd-jobber

The business plan is simple: I buy materials from vendors, my employees 
make pillows than I sell them to customers.
Transactions are made trough invoices & bills (using Receivable/Payable 
Accounts) as well as trough direct payments (using instantly payments, 
cash payments etc.).


Expected transactions example:

- Assets = 1 175 €
-- Accounts Receivable
-- Bank account = 1 115 € (500 – 50 – 45 – 35 – 35 – 60 – 50 – 65 – 45 + 
550 + 450)
-- Cash = 60 € (100 – 20 – 20)

- Liabilities € 0
-- Accounts Payable
-- Credit Card

- Income = 1 000 €
-- My business
--- Sales
--- ¤  Feathers Pillows | Furniture shop | via A/Receivable | 550 € | [FP]
--- ¤  Foam-Rubber Pillows | Supermarket | via A/Receivable | 450 € | [FRP]
--- Services (provided)
-- Other incomes

- Expenses = 425 €
-- My business
--- Material purchase = 165 €
--- ¤  Feathers | Poultry farm | Bank via A/Payable | 50 € | [FP]
--- ¤  Foam-Rubber | Polymer plant | Bank via A/Payable | 45 € | [FRP]
--- ¤  Coloured fabric | Textile manufacture | Bank via A/Payable | 35 € 
| [FP]
--- ¤  Coloured fabric | Textile manufacture | Bank via A/Payable | 35 € 
| [FRP]
--- Services (received) = 40 €
--- ¤  Transport charges | Delivery Company | Cash directly | 20 € | [FP]
--- ¤  Transport charges | Delivery Company | Cash directly | 20 € | [FRP]
--- Employee's fee = € 220
--- ¤  Sewing pillow bags | Seamstress | Bank instant payment | 60 € | [FP]
--- ¤  Sewing pillow bags | Seamstress | Bank instant payment | 50 € | [FRP]
--- ¤  Making pillows | Odd-jobber | Bank instant payment | 65 € | [FP]
--- ¤  Making pillows | Odd-jobber | Bank instant payment | 45 € | [FRP]
-- Other expenses


Gnucash can generate a numerous reports concerning vendors, customers, 
employees, jobs and so on, but in given example a Project Report would 
be more valuable.
Explanation: I'd like to know which of my projects is more profitable. 
In this case Project Report should have at least following information:
1. Transaction list of Expenses concerning the Project;
2. Transaction list of Incomes concerning the Project;
3. Project Profit ("Sum of Incomes" [minus] "Sum of Expenses").

Example:
*****
Feathers Pillows Project [from DD/MM/YYYY to DD/MM/YYYY]

- Income
-- My business
--- Sales
--- ¤  Feathers Pillows | Furniture shop | Bank Account | 550 €
TOTAL: 550 €

- Expenses
-- My business
--- Material purchase
--- ¤  Feathers | Poultry farm | Bank Account | 50 €
--- ¤  Colored fabric | Textile manufacture | Bank Account | 35 €
--- Services (received)
--- ¤  Transport charges | Delivery Company | Cash | 20 €
--- Employee's fee
--- ¤  Sewing pillow bags | Seamstress | Bank Account | 60 €
--- ¤  Making pillows | Odd-jobber | Bank Account | 65 €
TOTAL: 230 €

Project Profit = 220 €
*****

Profit of Foam-Rubber Pillows Project = 255 €
So I can see that Foam-Rubber Pillows Project is more profitable than 
Feathers Pillows Project.

Are there any reports like above one in Gnucash or in what way could I 
get it?



-- 
WBR........[ ]
TFTHAOT....[x]
AMF........[ ]


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