Set advanced revenue settings

You can set optional advanced revenue settings to optimise revenue management.

Maud avatar
Written by Maud
Updated over a week ago

🎯 For administrators. If you haven't done so already, see Set up revenue to help you get started with configuring revenue on your Planday account.

Planday offers a variety of options, such as including or excluding VAT, the consideration of open shifts costs, additional payroll costs, etc. These choices aim to provide you with a more accurate understanding of your labor expenses in relation to your revenue forecasts.

Set additional payroll costs

You can use this option to give you a more realistic view of your labour costs when scheduling. To learn more about additional payroll costs, you can read How to show additional payroll costs on the schedule.

Display the cost of Open shifts on the schedule

Choose this option if you want to display the cost of Open shifts on your schedule so that it compares against your budget.
You can set this cost under Settings > Reports > Revenue > Open shifts.

Note: Planday calculates the cost of Open shifts based on the Employee group's default wage. If the Employee group doesn't have a default wage, Planday will then consider the shift's Department Hourly wage you enter manually on the page.

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⬆️ You have several options to choose from (4.):

  • Ignore all Open shifts: Open shifts will not have a cost on the Schedule

  • Future Open shifts only: Planday uses the Employee group's default wage.

  • All open shifts past and future: Planday uses the default wage of the employee group for all open shifts.

More advanced revenue settings

In the Advanced tab under Settings > Reports > Revenue > Advanced, you can find several options.
These settings offer various possibilities for displaying and calculating revenue in Planday. You can enable department-specific budgets, choose to display or hide scheduled salary percentages in comparison to the budget, determine whether revenue should exclude sales tax, and set the tax rate as a percentage.

Note: Enabling department-specific budgets allows you to choose a Department when viewing revenue reports under Reports > Revenue from a daily, weekly or monthly perspective.

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