Use the work unit when working with a budget
Working on a budget means selling a job at a fixed price, regardless of how long it takes you to finish it. In this context, it is important to know what is the minimum hourly price below which you do not want to go, so that you have a time limit within which to finish the job.
Example: I sold a job to one of my clients for €1,000. Due to my financial goals, I have decided that I do not want to go below 50€/hour, so the time limit to complete this work unit will be 20 hours.
Valorize the "budget" field with the amount at which you will sell the work to your client
Value the "hourly rate" field with the hourly price below which you do not want to fall (Taskomat™ already provides you with your reference rate for your financial goal, but you are free to change it in each work unit)
The "Time limit" field will show you the time within which you must complete the work unit in order to meet your turnover targets
Budget: the total budget to which you sell the work unit
Time limit: time within which to complete the work unit in order for it to remain profitable
Margin: the percentage of the remaining budget that remains usable. If it is negative, it means that you have exceeded the ceiling
Progress bar PURPLE: indicates the budget already disbursed against the total budget
Progress bar BLUE: indicates the time worked against the planned time (not to be confused with the time limit, this quantity indicates the estimated duration of the created and planned tasks, not the time limit of the work unit)
Progress bar YELLOW: indicates the budget already invoiced to the customer against the total budget
Progress bar GREEN: indicates the budget already paid by the customer against the total budget
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➔ If you want to start getting the most out of Taskomat™ right away book a 1to1 demo call
Example: I sold a job to one of my clients for €1,000. Due to my financial goals, I have decided that I do not want to go below 50€/hour, so the time limit to complete this work unit will be 20 hours.
How to create a work unit and work on a budget
Valorize the "budget" field with the amount at which you will sell the work to your client
Value the "hourly rate" field with the hourly price below which you do not want to fall (Taskomat™ already provides you with your reference rate for your financial goal, but you are free to change it in each work unit)
The "Time limit" field will show you the time within which you must complete the work unit in order to meet your turnover targets
How to read the work unit data
Budget: the total budget to which you sell the work unit
Time limit: time within which to complete the work unit in order for it to remain profitable
Margin: the percentage of the remaining budget that remains usable. If it is negative, it means that you have exceeded the ceiling
How to read the progress bars
Progress bar PURPLE: indicates the budget already disbursed against the total budget
Progress bar BLUE: indicates the time worked against the planned time (not to be confused with the time limit, this quantity indicates the estimated duration of the created and planned tasks, not the time limit of the work unit)
Progress bar YELLOW: indicates the budget already invoiced to the customer against the total budget
Progress bar GREEN: indicates the budget already paid by the customer against the total budget
.
➔ If you want to start getting the most out of Taskomat™ right away book a 1to1 demo call
Updated on: 02/01/2024
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