Solution · project work

Every hour finds the right object.

In project business, hours and costs determine the margin. In Kelomo allocation travels on the hour line, and the margin is derived from versioned rates – without the employee seeing the cost rates.

Uses the project management add-on (€2/user/mo)

Project work pain points

Profitable on paper, perhaps not in reality.

  • Margin leaks from unrecorded hours A quarter-hour of unrecorded billable work per day is a large sum over a year. What isn’t recorded doesn’t show in the margin.
  • Allocation is done afterwards When hours are allocated only at month-end, the right project and phase have already been forgotten.
  • Cost rates show to the wrong people In Excel, margin and cost rate easily spread to people they don’t concern.

In Kelomo allocation is done on the hour line right away, and the margin is derived automatically – the cost rate stays visible only to the authorised.

See project management

What Kelomo does in project work

Clients, projects and phases

A project has a client, an owner, a status and a schedule. Hours allocated to phases roll up to the project.

Allocation at the line level

Hours to client, project, phase and cost centre. Allocation can be corrected – the change leaves a trace.

Versioned rates

Separate cost and sales rates with validity periods. The rate is resolved at the most specific level.

Margin without leakage

Margin and margin percentage are derived from sales and cost – the cost rate only for payroll and the admin.

Budget and forecast

Hour and euro budget, burndown, forecast to completion and status: on schedule, near the limit or over.

Travel and expenses

Travel, per diems and receipts are allocated to the same project and show in the margin, when the travel add-on is in use.

Rates and margin

The margin is derived, not calculated by hand.

Pricing is versioned: the margin of past periods does not change even when rates are updated. The rate is always chosen by the most specific matching rule.

  • Separate cost and sales rates, each with its own validity period.
  • The rule hits the most specific level: project + person, person, project, role or the organisation’s default.
  • Cost rate and margin only for payroll and the admin – not for the employee or supervisor.
  • Expenses and travel claims on the same project, included in the margin.
See travel and expenses
app.kelomo.fi/projects
Project margin and profitability view in Kelomo
Hours, expenses, margin and budget burndown on the same project.

Comparison

Timesheets and Excel vs. a derived margin

Allocation Recalled at month-end Recorded on the hour line right away
Margin Calculated by hand, leaks on the way Derived from versioned rates
Cost rate Spreads onward in spreadsheets Visible only to the authorised
Budget Overrun noticed afterwards Status raised in time (≥ 85%)
Travel costs A separate process, left out of the margin On the same project, included in the margin

FAQ

Project work and Kelomo

01 Do the billable doers get their hours recorded?

Recording relies on the same day proposal as other working time: the day is ready, and hours are allocated on the line to client and project. A separate time entry on top of projects is not needed.

02 Does the employee see the costs or the margin?

No. The cost rate and margin show only for payroll and the admin. The employee and supervisor see hours and allocation, not euros.

03 How is the margin calculated?

The margin is derived from versioned cost and sales rates. The rate is chosen by the most specific matching rule, and the margin of past periods does not change even if rates are later updated.

04 Is this just resource planning, or does time tracking come with it?

The actual hours and allocation come from the same confirmed working time. Resource planning and actuals are in the same product – no separate time entry on top of planning.

05 What about fixed-price projects?

The budget follows both hours and euros. In fixed-price work the actual hours accumulate against the budget, and the burndown and forecast show whether the margin lasts all the way.

06 Do travel costs come into the margin?

Yes, when the Travel and expenses add-on is in use: the trip is allocated to the same project and shows in the margin together with the receipts.

30-day free trial

See what working time produces.

Allocate the hours to the right projects, let the margin derive from the rates and keep the budget in control. The trial does not renew automatically.

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