Is there a work around to track budget remaining based on Revenue in Tempo Cost Tracker?

[Frank Vidal]

Currently, Tempo Cost Tracker doesn't provided the budget remaining based on revenue for a project.  Does anyone have a workaround for this or a best practice that they employ in order to obtain this information?  Thanks.

[Olha Yevdokymova_SaaSJet]

The Time & Cost Tracker for Jira add-on offers the capability to track the remaining budget based on revenue. The add-on calculates the revenue by multiplying the number of Billable hours by the Billing hourly rate. The To be invoiced (which is the same as revenue) is then compared against the Cost Total to determine the Difference, which represents the remaining budget based on revenue.

To enable this functionality, you'll need to:

1. Turn on Revenue tracking when generating or updating a cost report.
2. Set a Default billing hourly rate for all team members who have logged time on the project during the specified period.
3. If needed, you can also set individual Billing hourly rates for specific team members or specify billable hours for each team member within the report.

Once you've configured these settings, you can view the project revenue information in the Team and Totals tabs of the cost report. The Totals tab will display the Cost Total, To be invoiced, and Difference, providing you with a clear picture of your remaining budget based on revenue.

While Tempo Cost Tracker itself might not have this built-in functionality, the Time & Cost Tracker add-on offers a workaround to achieve this within the Jira environment.

[DuncanBall]

I haven't found one either, I feel the new update which resolved some issues has now created even more! This one is a fairly big one!