Integrated with General Accounting

205 Figure 16.11: The inverted analytic balance shows a breakdown of operations by analytic account project This enables you to analyze your costs by general account. For example, if you examine your general account for staff salaries you can obtain all your salary costs broken down by the different analytic or project accounts. Analytic Balance Figure 16.12: The analytic balance shows a breakdown of each project by operation in the financial accounts The analytic balance is a summary report that relates the analytic accounts to the general accounts. It shows the balances of the analytic accounts broken down by general account for a selected period. This report is useful for analyzing the profitability of projects, giving you the profitability of a project for the different operations that you used to carry out the project. Tip: Multi-company In a multi-company environment each company can have its own general chart of accounts on the same database. The two general charts of accounts are independent but can be linked in a third chart using a view account to do the consolidation. If the different companies collaborate on joint projects they may all share the same analytic chart of accounts. In this environment, the cross-related reports like the balance and inverted balance are extremely useful because they enable you to make an analysis per company by linking up to the general accounts. Analytic Entries Analysis You can have the statistical analysis on all analytic entries from the menu Accounting → Reporting → Statistic Reports → Analytic Entries Analysis. 206 Figure 16.13: Statistical report for analytic entries

16.4.2 Key indicators

If you use analytic accounts with a structure of accounts by project client you should install the account_analytic_analysis module. This module adds three new tabs to the analytic account form: • management indicators in the Analysis summary tab, • monthly statistics in the Stats by month tab, • statistics on each user in the Stats by user tab. Figure 16.14: Management indicators for an analytic account The figure Management indicators for an analytic account shows all of the management indicators. These indicators enable you to quickly see such important information as: • project profitability, • whether you can still invoice any services to the client, or not, • the amount of services to invoice, • the different margin figures.