📣 Note
This article covers a feature that's included in an invite-only closed beta. If you're not a part of the beta, your finance suite will look different, and the help articles you'll want can be found here.
Learn how each project impacts your cash flow by using the project finances section. You'll gain insight on the project's profitability and can discover how this project contributes towards your overall company's profitability.
✅ Note
To ensure an accurate report expenses need to be paid for using your HoneyBook Finance debit card and tag expenses to the project for that expense to be included in the project's finances.
Finding the project finances section
Note that if the project has yet to receive payments, the project finances section will not appear.
From the top navigation menu, select Projects
Select the project for which you want to see its project finances
In the section labeled Only visible to you, find the Project finances section
Understanding the project finances section
The total amount of money paid to you for this project, along with the total expenses and the overall income from the project, can be found in this section. The net project income is calculated by subtracting the expenses of the project from the payments received for the project.
If the project has received payments but has not incurred any expenses yet, only the payments will be shown in the project finances section.
You can see the details of the expenses related to this project by clicking on the number in parentheses next to Expenses.
Still have questions? Feel free to send us a message by clicking the Question Mark icon on any HoneyBook page. Our team is always happy to help!