EPR - Data Settings

Overview

In the Estimated Profit Report (EPR), you can set when you want to recognise your income and costs.

Income	Can be recognised: When the invoice has been Sent, using the Transaction Date When the invoice has been Paid, using the date of the payment that makes the outstanding balance of the invoice $0.00 When an invoice is written off: As Bad Debt Reissue Invoice Cancel Invoice
Costs	Can be recognised for Pay Runs, Lump Sum Pays, Pay Run adjustments and back pays when the pay run is Paid Uses the Pay Date Transaction Date when reporting
Leave	Can be recognised: when the liability is accrued when the leave is paid Both options will use the Pay Date Transaction Date For leave to be considered when it is accrued, the leave item will need to be set as a Liability. This includes leave accruals and leave final termination payments.

The EPR will not update to include data resulting from:

• changes to the Recruiter setup on a job made after pay run processing or invoicing
• setting up an oncost after a pay run is processed
• pays which are marked as paid manually
• invoiceable items marked as Never Invoice
• invoices written off as Do Not Re-invoice

Transaction Dates

The Transaction Date is the reporting date that has been set for each action. For most portals, this will be the Pay Date or the Invoice Date, but if you are using the Reporting Period Management function you can specify a Transaction Date when you take the Action.

Availability of Data

The data for the report is calculated on a nightly basis. This means that any changes you make today will not be available in the report until tomorrow.

The report will consider invoicing data related to all invoices, credit notes and write-offs processed in the portal. All payroll data that is processed in a portal will be factored in when the report is generated.

For the purposes of reporting, any GST amounts are excluded from calculations.