P&L

Know your margin on every project, in real time

Watch revenue, cost, and margin update as work is logged and billed, so profitability is something you see live instead of discovering at month-end.

Profit and loss overview
Key capabilities

From signed contract to paid invoice

Statements of Work

Status tracking (Draft, Signed, Expired), multi-currency, PDF download, and CRM link.

Purchase Orders

POs linked to SoW and project, with PO amount vs invoiced tracked automatically.

Automatic invoice generation

Approved hours times SoW rate becomes invoice line items, with zero manual entry.

Real-time margin tracking

Revenue vs cost per project, visible live as timesheets are approved.

Multi-currency

USD, EUR, GBP, PLN and more, with FX conversion applied automatically.

QuickBooks integration

Sync invoices from Synthelio straight to your accounting tool.

Real-time margin

Revenue minus cost, the moment work is logged

Margin is calculated live from two numbers, so a project that is slipping shows up during delivery, not at month-end.

Revenue

Approved hours billed at the SoW rate.

Cost

Approved hours at each employee internal rate.

Margin

Revenue minus cost, updated live as timesheets are approved.

Project financials

Every cost, revenue, and margin in one view

Internal cost, client cost, revenue, and margin per month, with margin % flagged green, amber, or red, so an underwater project surfaces before the invoice goes out.

Internal costClient costRevenueMarginMargin %
Project financials table
Timesheet to invoice

Invoices built from approved hours, automatically

No re-keying. Approved hours carry the SoW rate straight into invoice line items, ready for finance to review.

1

Approve timesheets

Hours are submitted and approved for the billing period.

2

Apply SoW rate

Approved hours are billed at the rate on the linked SoW.

3

Generate line items

Invoice line items are created automatically, grouped as you need.

4

Review and send

Finance reviews, then sends or syncs to QuickBooks.

Contracts and purchase orders
Contracts and POs

Signed contract to accurate invoice, traceable

Statements of Work carry the billing rates that generate invoices, and each PO tracks amount versus invoiced, so you request the next PO before coverage runs out.

SoW statusPO coveragePDF downloadCRM link
Multi-currency and sync

Run projects in any currency, and sync your books

USD, EUR, GBP, PLN and more, with FX applied automatically, and invoices sync to QuickBooks so finance never re-keys data.

USDEURGBPPLNFX auto-appliedQuickBooks sync
FAQ

P&L, answered

Answers to the questions teams ask most about this part of Synthelio.

How is project margin calculated?

Revenue is approved hours billed at the SoW rate; cost is approved hours at the employee's internal rate. The difference is margin, updated live as timesheets are approved.

How are invoices generated?

Approved timesheet hours are multiplied by the SoW billing rate to create invoice line items automatically, with no manual data entry.

Does Synthelio track Purchase Orders?

Yes. POs are linked to their SoW and project, and PO amount versus invoiced is tracked automatically so you always see remaining coverage.

Which currencies are supported?

USD, EUR, GBP, PLN and more, with FX conversion applied automatically. Multi-entity organisations can use different base currencies per legal entity.

Does it integrate with accounting tools?

Invoices sync from Synthelio to QuickBooks, so finance doesn't re-key data between systems.

Still got questions?

Visit our support page or contact our support team.

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