Panzo
Finance and GST

Receivables and payables by project

See a live, project-dimensioned P&L with receivables and payables ageing across the business.

Panzo's Finance module opens project-first, so every rupee in or out rolls up to a live per-project profit and loss. This guide covers how the P&L is computed and how receivables and payables age across your business, on a financial year that runs April to March.

A project-first view of your money

Finance opens on a list of projects, sorted by what is most outstanding. You click one project and see all of its money in a single place: its milestones, invoices, receipts, expenses, and a P&L, with no bouncing between separate Receivables, Invoices, and Profitability tabs. The view is live and read-only. It reads the project's real numbers on every load, so nothing drifts out of sync with what Sales set on the deal.

  • Each project shows Value, Collected, and Outstanding at a glance.
  • Milestones are sourced live from the deal's payment plan, so Finance displays the same schedule the deal owns.
  • An Open project action jumps straight to the project itself when you need the site view.

Reading a project P&L

The P&L tab is a project-level profit and loss that uses the same definition everywhere in the app, so margin is always the same number no matter which screen you are on.

LineHow Panzo computes it
RevenueThe project's contracted milestone value.
CostPosted vendor bills, plus site purchases, plus approved and reimbursed expense claims.
MarginRevenue minus Cost.
Margin %Margin as a percentage of revenue.

Costs land in the P&L as real money out. Posted vendor invoices flow in from Procurement, while the project's Expenses tab is one ledger for company site purchases and employee reimbursement claims. A claim counts as cost only once it is approved or reimbursed, so spend to date reflects money you have actually committed.

Note

Operational finance, not an accounting package

The P&L is a computed, read-only view. Panzo does not keep a general ledger or double-entry journals. Treat it as an operational picture of where each project stands, and reconcile against your accounting software as usual.

Receivables and payables ageing

The Finance overview answers two questions across the whole business: what are you owed, and what do you owe. Money in, money out, net cash, outstanding, overdue, and payables sit together, alongside worklists ordered worst-first for who to collect from and who to pay.

Both receivables and payables age into the same four buckets, so you can see how stale a balance is at a glance.

BucketMeaning
CurrentNot yet overdue, still inside its due date.
1-30Overdue by up to thirty days.
31-60Overdue by thirty-one to sixty days.
60+Overdue by more than sixty days, the balances to chase first.

Working the overview

  1. Open Finance, then Projects

    Land on the project list, sorted by what is most outstanding.
  2. Pick a project

    Open its view to see milestones, invoices, receipts, expenses, and the P&L in one place.
  3. Read the P&L

    Check revenue, the cost legs, and margin. An info tooltip spells out exactly what is counted.
  4. Work the ageing

    Use the receivables and payables buckets and the collect and pay worklists to prioritise the oldest balances.

Tip

The financial year is yours to set

Ageing and period figures follow your firm's fiscal year, which defaults to April to March. Set it once so year-to-date numbers line up with how you file.

Key takeaways

  • Finance is project-first: every rupee in or out rolls up to a live, read-only per-project P&L.
  • Cost is posted vendor bills plus site purchases plus approved claims, so margin is the same number app-wide.
  • Receivables and payables both age into current, 1-30, 31-60, and 60+ day buckets on an April-to-March year.
  • It is operational finance, not a general ledger or accounting package.

Cannot find what you need? Ask the Panzo team.

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