ProfitTracker allows users to create both annual and monthly budgets using their existing financial information. ProfitTracker sets up the annual and monthly budgets to guide users financially through the rest of the year.
ProfitTracker also tracks cash flow alongside financial documents so users can see exactly how much cash they have and if it is enough to meet expected costs. With the budget finished, ProfitTracker calculates the "most accurate overhead allocation" in the industry, dual overhead. With the dual overhead allocation numbers for materials, equipment, and labor, users can calculate any replacement job quickly and easily, says the company. Using ProfitTracker, HVAC contractors determine their breakeven per job then bid the job at any profit percentage they desire.
Publication date: 08/01/2005