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Financials
- Getting started
- How Monument models finance
- Revenue from resourcing
- Fixed fees
- Budgeting costs
- Recording expenses
- Recording revenue entries
- Going further
- Formula based pricing and construction cost
- Recurring and periodic fees
- Revenue from expenses
- Modifiers: contingencies and discounts
- Progressive billing
- Pricing templates
- Operational expenses
Permissions & access
- Control access to business finances
- Control access to rates
- Control who can create projects
- Control project administration
- Control staff and team management
- Control expenses and claims
- Control report definition editing
- Control access to contacts
- Give full project control with Owner
- Manage project work without changing money
- Let project members edit tasks safely
- Share a project safely with Viewer
- Let a team lead coordinate shared work
- Share teammate profiles without management access
- Keep team members focused on their own work
Financials
Step-by-step guides for financials in Monument.
- 1How Monument models finance VideoSee the finance model behind every stage: revenue and expense lists, with profit as the gap between them.
- 2Revenue from resourcing VideoSee planned hours earn through a billing group, then deliberately assign the work to Sarah Chen and restamp it from her rates.
- 3Fixed fees VideoHide the hours-based revenue a stage earns by default and replace it with an agreed lump sum, without losing the ability to check your margin against it.
- 4Budgeting costs VideoA fee tells you what a stage earns, not what it costs to deliver. Plan expense items on the cost side and watch profit fall out as the gap between the two.
- 5Recording expenses VideoLog a real cost with its date, project or planned-item link, amount, description, and optional tags.
- 6Recording revenue entriesRecord revenue earned outside Monument's own invoicing and link it to the right fee line, so a specific fee's own figures see it, not just the task's totals.
Going further
- Formula based pricing and construction cost VideoPrice a stage the way a lot of architecture fees actually work: as a percentage of the estimated construction cost, so the fee moves whenever that estimate does.
- Recurring and periodic fees VideoPrice a retainer once with an amount and a frequency, and let the stage's own dates decide how many times that amount actually repeats.
- Revenue from expenses VideoChoose whether to absorb an engineering subconsultant cost or charge it to the client with a visible management fee.
- Modifiers: contingencies and discounts VideoStack named adjustments on top of any fee's base value, like a contingency or a client discount, and read back exactly how each one changed the number.
- Progressive billing VideoCalculate a stage claim from a hidden Previous Claims driver so the formula bills only the new amount.
- Pricing templates VideoSave a configured project, its stages, role or pool resourcing, and pricing as a template, then start new projects from the same reusable plan.
- Operational expenses VideoTrack the studio's own recurring costs, rent, insurance, software, as versioned amounts that update cleanly when a price changes.
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