Studio Actuals

Studio Actuals provide a company wide overview of all jobs within a selected date range. Studio Actuals are non-editable and for analysis purposes only. Information here can be filtered to show the full job amount if the job occurs in the time period or amortized based on the percentage of the job within the given date range. Tabs include a general financial overview, a breakdown of timecards and time spent on jobs, a summation of time and expenses categorized by Task and by User, profit center margins, as well as a break down of individual job margins.

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To open Studio Actuals, click on the Studio > Actuals item from the Main Menu.

Studio Actuals are comprised of 7 sections:

Overview

Charts relating to Awarded Total, Cost, Profit, and Margin per location

Margins

Financial totals for each job including bids, projections, actuals, and invoices

Profit Centers

Totals for awarded amounts, hardcost, profit, and margins per profit center defined

Expenses

All expenses entered across all jobs

Tasks

A breakdown of time per task type including total time and total cost based on timecards and the rate of the user

Users

A breakdown of time per user including total time and total cost

Timecards

Displays graphs showing the breakdown of time spent per rate as well as bid items, locations, and users

Each tab within Studio Actuals is divided into two sections, a dashboard and the section data below.

Studio Actuals Dashboard

The Studio Actuals Dashboard displays summarized information related the studio wide financial totals and filtering tools to determine the range of included jobs and how their data is interpreted.

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The dashboard includes totals for:

  • Awarded Total

  • Total Cost

  • Profit

  • Margin

These values are derived from the jobs and timecards which overlap the period of time defined by the start and end date filters. If a job filter is selected, only the data relating to that job will be shown.

At the right of the panel are filtering options:

  • Filter:
    • Job

    • Start Date

    • End Date

  • A list of Jobs Included displaying what jobs are currently included in the data and the percentage of the job that overlaps the date range selected.

  • An option to show all data from included jobs.

To open the filter options, click the filter button at the top right of the dashboard. When a filter is active, the filter button will be highlighted.

_images/nim5_actuals_studio_filter.png

Job Filter

Studio Actuals may be filtered by a single job.

To filter by a job, open the filter panel and then click the Job button from the Filters list.

The filter panel will expand allowing the user to select a job.

Clicking on a job in the list will immediately apply the filter.

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Note

When filtering by job, the start and end date filters are disabled so all timecards on the job will be displayed. The time filters can be applied by clicking on the checkbox next to Start Date and End Date to re-enable the filter.

Time Filter

Studio Actuals may be filtered by time.

To filter by a job, open the filter panel and then click the Start Date or End Date button from the Filters list.

The filter panel will expand allowing the user to select a date.

Clicking on a date in the mini calendar will immediately apply the filter.

_images/nim5_actuals_studio_filter_time.png

Inside the mini calendar, click the title bar to adjust the zoom level of the date range to select.

  • Clicking on March 2015 will zoom out the mini calendar to show a list of months.

  • Clicking on 2015 when viewing months will zoom out to show a list of years.

_images/nim_calendar_miniCal_views.png

Clearing Filters

Filters may be individually enabled and disabled by clicking the checkmark box to the left of each filter.

  • nim_checkmark_on - enables the filter

  • nim_checkmark_off - disables the filter

To reset all filters click the Reset All button at the right of the Filter panel

Show All Data

Below the filter options is a checkbox to Show All Data from Included Jobs.

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This checkbox determines how much of the included job’s data is displayed.

When unchecked, the data being represented is a subset of the total job multiplied by the percentage of the job that overlaps the filtered date range.

When checked, the data being represented is the full value of the included jobs regardless of the start and end date filters.

Jobs Included

This list identifies the jobs being included in the data. If a job’s start or end date falls within the filtered start and end time, or contains a timecard or expense that falls within the filtered start and end time, it will be included in the list.

If a job’s start and end date does not fall within the filtered date range but does contains a timecard or expense that falls within the filtered date range an alert will appear below the filter options.

Holding the cursor over the alert will list the jobs in question as well as further information to correct the situation.

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Holding the cursor of the Included Jobs list brings up a tool tip further explaining the data being represented.

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  • The percentage shown for each job is the percentage of the job’s overlap with the filtered date range based on the job’s start and end dates.

  • 100% means that the jobs start and end dates fall within the filter start and end dates.

  • A left arrow under the percentage denotes the job extends earlier than the filtered date range and conversely a right arrow denotes that the job extends past the filtered date range.

  • Jobs marked in Green contain at least one timecard or expense for the filtered date range.

Summarized Totals

At the left of the dashboard are summarized totals for:

_images/nim5_actuals_studio_summary.png
  • Awarded Totals
    • This is the sum of each included job’s Actual total multiplied by it’s overlap percentage.

    • If Show data from all included jobs is unselected the full value of each job is calculated regardless of how it falls in the filtered date range.

  • Total Costs
    • This is the total of all timecard and expense-based costs during the filtered date range, plus any additional costs from the included jobs multiplied by the overlap percentage.

    • If Show data from all included jobs is unselected the full value of each job is calculated regardless of how it falls in the filtered date range.

  • Overall Profit
    • This is calculated as Awarded Total - Total Cost

  • Overall Margin
    • This is calculated as Overall Profit / Awarded Total

Excel Export

Click the nim_excel_button button (if available) to export the current tabs breakdown to Excel.

Overview

The Overview tab is selected by default when opening Studio Actuals.

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There are four graphs presented on this page:

  • Awarded Total Per Location

  • Total Cost Per Location

  • Total Profit Per Location

  • Margin Per Location

In either pie chart, clicking on an item in the legend will hide and unhide that value in the chart.

In the bar graph, hovering the cursor over a bar will display the exact value for the item.

_images/nim5_actuals_studio_overview_bar.png

Margins

The Margins tab displays a paginated searchable grid of actualization information related to all jobs with awarded bids overlapping the filtered date range.

_images/nim5_actuals_studio_margins.png

Note

This tab shows all data from all included jobs regardless of whether the Show all data from all included jobs option is checked.

  • Using column filtering, custom reports can be generated and exported to excel using the nim_excel_button button.

The information displayed here includes all job information fields in addition to:

Bid Subtotal

The sum total of the job’s billed amounts before tax

Bid Tax

The sum total of the job’s billed tax

Bid Total

The sum total of the job’s full billed amounts

Bid Cost

The sum total of the job’s awarded bids hard costs

Bid Profit

The job’s estimated total minus the estimated cost

Bid Margin

The job’s estimated profit divided by the estimated total

Projected Cost

The job’s total projected hard cost

Projected Profit

The job’s actual total minus projected cost

Projected Margin

The job’s projected profit divided by the actual total

Actual Subtotal

The job’s total of all billed amounts, additional billed amounts, and adjusted reconciliation amounts before tax

Actual Total

The job’s total of all billed amounts, additional billed amounts, and adjusted reconciliation amounts including tax

Actual Cost

The job’s total of all actual hard costs

Actual Profit

The job’s actual total minus the actual cost

Actual Margin

The job’s actual profit divided by the actual total

Invoice Total

The total of job invoices entered

Not Sent

The total of job invoices scheduled but not sent

Accounts Receivable

The total of invoices sent but not paid

Overdue

The total of invoices overdue

Paid

The total of invoices paid

Outstanding Balance

The Actual Total derived from the Job Actualization minus Paid

Not Invoiced

The Actual Total derived from the Job Actualization minus the Invoice Total

Profit Centers

Profit Centers are used to group bid line items and expenses across all jobs to determine their specific profitability. When viewing profit center totals, NIM actualizes the individual line items across jobs and awarded bids to determine profit margins of each Profit Center independently. This allows studios to see the profitability of different revenue sources independent of the job’s profit/margin.

The grid view displays the awarded, hardcost, profit, and margin totals for defined profit centers over the selected filter period.

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The chart view displays the percentages of awarded totals per profit center.

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Expenses

The Expenses tab displays information related to the expenses logged into NIM for the filtered date range when Show all data from included jobs is deselected.

If Show all data from included jobs is selected then only expenses logged to the Included Jobs list will be displayed in the charts.

The grid view shows a list of individual expenses across all jobs that fit the filter criteria. You can filter this grid further by individual columns or by using the Expense Type filter dropdown or the text input in the top bar.

Additionally the grid can be grouped by column values by dragging and dropping column headers onto the “Group” bar.

_images/nim5_actuals_studio_expeneses_grid.png
Expense charts are summarized as:
  • Expense Cost Per Location

  • Cost Per Expense Type

Clicking on an item in the legend will hide and unhide that value in the chart.

_images/nim5_actuals_studio_expeneses.png

Note

Expenses cannot be added or edited from this view.

Tasks

The Tasks tab displays information related to the sum total of hours and hardcosts allocated to Tasks logged into NIM for the filtered date range when Show all data from included jobs is deselected.

If Show all data from included jobs is selected then only Tasks logged to the Included Jobs list will be displayed in the charts.

Tasks are grouped by Staff and Freelance then summarized by line item as:

Task Type

The user who logged the hours

RT

The total of regular time hours based on the timecard user’s job crew settings in each included job

OT1

The total of overtime 1 rate hours based on the timecard user’s job crew settings in each included job

OT2

The total of overtime 2 rate hours based on the timecard user’s job crew settings in each included job

NB

The total of non-billable hours based on the timecard user’s job crew settings in each included job

Total Hours

The total of the task hours for the time period

Actual Hardcost

The total of hard costs based on the associated bid line item’s hard cost in each included job’s awarded bids.

_images/nim5_actuals_studio_tasks.png

Users

The Users tab displays information related to the sum total of hours and hardcosts allocated to the Users logged into NIM for the filtered date range when Show all data from included jobs is deselected.

If Show all data from included jobs is selected then only Users logged to the Included Jobs list will be displayed in the charts.

Crews are grouped by Staff and Freelance then summarized by line item as:

User

The user who logged the house

User Type

The user type defined in the user’s profile

Employment

The user’s employment status defined in the user’s profile

User Groups

The user groups defined in the user’s profile

Keywords

The user keywords defined in the user’s profile

Employee ID

The user’s employee ID defined in the user’s profile

Directory ID

The user’s directory ID defined in the user’s profile

Effective Hourly Rate

The Effective Hourly Rate (EHR) is derived from changes to a user’s rate over time as well as any hourly adjustments made to timecards via payroll rules.

Average Hourly Cost

The Average Hourly Cost (AHC) is derived from the User Cost compared to the total number of hours worked, regardless of any rate multipliers (OT1/OT2). This provides information on how much you are truly spending per hour on employees.

RT

The total of regular time hours defined by the users job crew settings in each included job

OT1

The total of overtime 1 rate hours defined by the users job crew settings in each included job

OT2

The total of overtime 2 rate hours defined by the users job crew settings in each included job

NB

The total of non-billable hours defined by the users job crew settings in each included job

Total Hours

The total of the users hours entered in timecards for the selected time period

Adjusted Hours

The total of the users hours entered in timecards for the selected time period adjusted by any payroll rules

User Cost

The total amount paid to the user (does not includes P&W)

Average P&W

The average P&W percentage for the user during the selected time period

Actual Hardcost

The total of hard costs based on the users rate and P&W

Note

The difference between the Effective Hourly Rate and the Average Hourly Cost can help you determine if you are spending enough in overtime charges to hire an extra person at no additional cost to keep all employees within standard rates.

_images/nim5_actuals_studio_users.png

The Users grid can be filtered by user keywords, groups, and names using the filters at the top right of the grid.

Additionally the grid can be grouped by column values by dragging and dropping column headers onto the “Group” bar.

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Timecards

Click on the Timecards tab to view the Studio Timecard Actuals.

There two sections to this tab both displaying the breakdown of:

  • Regular Time

  • Overtime Rate 1

  • Overtime Rate 2

  • Non-Billable Time

This areas shows the sum total of timecards logged into NIM for the filtered date range when Show all data from included jobs is deselected.

If Show all data from included jobs is selected then only timecards logged to the Included Jobs list will be displayed in the charts.

RT/OT1/OT2/NB

The top section displays the sum total of timecards logged on the Included Jobs studio wide.

_images/nim5_actuals_studio_timecards_1.png

ITEMIZED BREAKDOWN

The lower section displays the sum total of timecards logged on the Included Jobs categorized by:

  • Bid Items

  • Locations

  • Users

Click on the associated tab to view timecards by the desired grouping.

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