This report provides insight into the actual amount your organization has spent on a subscription service. This spent amount is compared to the amount invoiced for that service.
Report Overview
The report consists of three different columns: Invoiced, Hours Spent, and Balance. These three columns are expressed in monetary terms, as it is not always certain how many hours and which hourtypes will be spent on a subscription service.
Using this report, you can see whether you have met the expected spending for a subscription. If your spending exceeds the amount invoiced, this will be reflected as a negative balance. In that case, it’s advisable to investigate the project and determine why the project has exceeded its budget, so you may be able to correct this (early on).
Potential Causes for Negative Balance
Insufficient budget for the service
The service takes more time than initially planned