Costs and profit

In LiveSpace, it is possible not only to analyze the expected and realized incomes, but you can also analyze costs and profits related to a particular deal. To do this, you need to turn on cost addition option in LiveSpace.


 

Turning on the cost addition option in LiveSpace CRM

If you want to be able to enter information about costs in LiveSpace:

  1. Go to the Account settings.
  2. From the menu on the left, select Deals.Zakładka Sprzedaże w ustawieniach LiveSpaceCRM
  3. Go to the Costs and profit tab.Koszty i zysk w LiveSpace CRM
  4. Choose the option Activate cost add feature in dealsPrzycisk włączenia obsługi kosztów w LiveSpace CRM
  5. Below this option, you will find a list of all the cost categories. You can add a new category, create new categories, or edit names as well as delete already existing categories.Lista kategorii kosztów w LiveSpace CRM

Showing costs on the profiles of deals

After activating the cost addition feature, you will see three tabs on a deal profile.

Incomes divided into forecasted and realized.Obszar przychodów i kosztów w LiveSpace CRMCosts – also divided into forecasted and realized.Obszar kosztów w LiveSpace CRM

Profit forecasted and realized, resulting from the difference between the income and costs.Obszar zysku w LiveSpace CRM

Adding costs to a deal

You can add costs to a deal in the same way as you add incomes:

  1. On the profile of a particular deal, go to the Costs in the income / costs / profit area on the right side of the page, under the deal status.Dodawanie kosztów w LiveSpace CRM
  2. Press Add.Przycisk dodaj w Dodawanie kosztów w LiveSpace CRM
  3. In that way, you can add both predicted and realized costs. After entering the cost category and the cost amount, you can add it to the deal by pressing Add.Dodawanie nowego kosztu w LiveSpace CRM

 

Worth knowing:

  • Turning on the cost addition feature will also show costs in the Finances tab. You can learn more about this tab in the Finances section.