2024 Release Notes
      Back to home
      1. Help Center
      2. What's new
      3. 2024 Release Notes

      8th September 2024 - Write-off time entries and saving people's hourly costs to 2 d.p.'s

      You can now write-off time entries in Projectworks!

      Included in this release:

      Feedback or questions? 
      Email us as support@projectworks.io and one of the team will get back to you!

      Write-off time entries

      Writing-off time entries prevents them from being invoiced and removes the time from the project’s WIP (Work In Progress).

      Until now, Projectworks has enabled time to be written-down to 0.00 in an invoice, but now you also have the ability write-off time prior to invoicing!

      The ability to write-off time is restricted. Projectworks administrators can enable “can write-off” for access levels that have access to:

      • “Can view other’s” time; and

      • Can see dollars.

      Read more about writing-off time →

      Update to people’s costs

      To improve margin reporting, we are making some changes to people’s costs:

      Over the next three weeks, all annual costs saved for a person will be converted to an hourly cost, based on the Financial Year hours for their cost. Hourly costs will also be updated to 2 d.p.'s (as opposed to 4 d.p.'s).

      You may notice some small differences in the costs in your margin reports, due to rounding of costs to 2 d.p.

      This will result in costs (and margins) being a lot more accurate (especially for part-time employees), as the cost will be based off the person’s actual capacity as opposed to the more arbitrary financial year hours. The more accurate costs are likely to result in differences in your margin reporting.

      Part two of this change will remove the dependency on Financial Year hours, so the Financial Years setting will be removed. Financial years will be driven by the existing fiscal year setting.

      Currently the financial year needs to be set up at the beginning of each financial year to:

      • View the Utilisation Target report for a financial year;

      • View the Margin reports for a financial year;

      • Enter expenses for dates falling within a financial year; and

      • Calculating a person’s entered annual cost to an hourly cost.

      The removal of this dependency will negate your Projectworks administrator having to do this every year!

      For Users who are using a SQL connection for reporting ONLY

      With the removal of the Financial Years setting, the FinancialYearID column will be removed from the following reporting views.

      • DimFinancialYear

      • DimMonth

      • DimOfficeFinancialMonthStatus

      • DimWeek

      • FactInvoiceLineExpenseClaim

      • FactInvoiceLineUserTask

      • FactMonthlyAccruals

      • FactMonthlyBudgets

      • FactMonthlyForecastLogs

      • FactMonthlyForecasts

      • FactMonthlyInvoiced

      • FactMonthlyNetRevenue

      • FactMonthlyWorked

      • FactProjectTimesheets

      • FactUserActivity

      • FactUserActivityWithHolidays

      • FactUserCost

      • FactWeeklyCapacity

      • FactWeeklyResourced