Report: Job [Budget Analysis] - Budget value when no transactions are recorded for account
Can the developers of MYOB please upgrade the 2013 version of MYOB to enable the job budget analysis report to show a zero in the budget analysis line and an amount coded against it in the actual line, as version 19 use to do - PLEASE!!!! (and still vice versa)
We run a building company and utilise the Budget Analysis Report consistently to show clients where their jobs are at. For a Cost Plus Contract our clients are given a budget estimate prior to work commencing. They will often add or change the scope of work as we go. It is 100% relevant to have a budget of zero and then have an amount against a code - for example the client decides to get us to do their paving, which was not part of the initial scope of works. The job budget analysis should show zero in the budget and then an amount for paving supply and paving labour.
We actually use this report to prepare our invoice for clients who are on a Cost Plus Contract. We get the total cost of sales, add our margin - eg 25%, subtract any previous payments, and then add GST. We can look through the budget analysis report and check everything has been included.
The client receives a copy of the Job Budget Anaylsis Report with their Tax Invoice. This is quicker and looks far neater than using reimbursable items with a %.
When I phoned MYOB technical support they suggested to use the Job Profit & Loss Report. However this report is severely limited in this instance as it will only display information for a particular financial year. If a job runs for example from Mar to September, then it will not show the entire job. This would also be another request for the developers to improve.
"Job Budget Analysis Report Limitation 2013 v Version 19"