p/price-cost
Deliver Your Projects On Time and On Budget
Andrei Bernovski
Profitability for Harvest Time Tracker โ€” Free Extension showing Profitability of Projects in Harvest
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Easily see Profitability of any project in Harvest. Track project performance in Harvest against custom Profitability Goals.

This extension adds Profit margin and Profitability metrics to your Harvest projects. This way you can ensure you get the full insight into your projectsโ€™ financial performance and make informed decisions in a timely manner.

Replies
Andrei Bernovski
Hey Hunters! ๐Ÿ™Œ We love and use Harvest for time tracking and we are sure you do as well. However, Harvest is missing one very important financial KPI when showing project performance - Profitability of projects. If you are a project-based, professional services business, profitability of your projects is lifeline of your business. Harvest already does a good job, showing you where you stand in terms of Budget as well notifying you of Internal Costs to date. What itโ€™s missing to build a full picture of how successful your project is from financial standpoint is Profitability. This extension does exactly that - elegantly adding the missing metrics to your Harvest projects. There's another cool trick ๐Ÿ˜Ž - With this extension, you can choose a desired Profitability goal. This allows us to highlight if certain projects are under performing. Clear colour-coding of Profitability metric allows you to quickly identify projects that need more attention right in Harvest. Very keen to hear your feedback!
Karl Koost

Harvest has had the data for this for years but for some reason never showed this.

It took a 3rd party of caring ppl to come up with an easy fix.

Pros:

Free Simple, Shows you the number you need and its nicely in the UI itself not a stupid box somewhere in the background.

Cons:

My Harvest data was not accurate, but the good thing was I was told I needed to add some cost rates.