Financial Goals
This article explains how users can set and monitor annual revenue and company profitability goals.
This is accessible to users with the Stakeholder role.
Financial goals in Enji help businesses understand their progress in terms of their strategic vision.
- Revenue: The sum of all expected income across projects within the year.
- Goal: The target figure from the Financial goal field.
- Already earned: Sum of all existing and extrapolated expected income up to the moment.
- Progress in %: Percentage value derived from
Already Earned. Calculation: Already earned / Goal × 100% - Profitability: Indicates how profitable the company is.
- Target: The figure from the Target profitability (in % )
- Current: The current company profitability.
The calculation is done using the:
sum(expected income) - sum(net price - expenses - discount)/sum(expected income) × 100,
while profitability = (Sum of all Expected Incomes of all Projects (existing and extrapolated) – all Expenses of all Projects (net_costs + extrapolations) / Sum of all Expected Incomes of all projects within the year × 100
All actual and extrapolated values are considered in Expected Income and Expenses (indicated by "ext." in the code).
Example:
| Project Name | Yearly Expected income | Yearly Margin (%) |
|---|---|---|
| Project 1 | 100 | 50% (means expenses = 50) |
| Project 2 | 200 | 100% (means expenses = 0) |
In this scenario, the indicators for the year 2022 would be:
- Revenue = 100 + 200 = 300
- Profitability = ( (100+200) – (50 + 0) ) / 300 * 100% = 83.33%
| Year | Revenue (Goal / Already earned / Progress in %) | Profitability (Target / Current) |
|---|---|---|
| 2022 | 300 / 157 / 52.33% | 22% / 83.33% |