I recently "made the jump" and am spinning up a digital agency. I've been fortunate that some legacy clients have come along with me and I've got a couple new folks onboard, too. It's all very exciting!
I've figured out how to set up projects under each of my clients, and I've added estimates for a couple of them. That information is not really showing up where I want it to, though, and I'm struggling.
I need to be able to enter project budgets, with projected hours billed for myself and contractors, across those months. At the end of the project, I'd like to be able to see profitability.
I'm perfectly happy to follow a tutorial or other guidance, but I can't find a tutorial for this use case that is recent enough to be useful. Would someone be able to point me in the right direction? Or are there questions I can answer to better dial in on that advice?
Regarding your specific questions, you can add billable hours and expenses and tag existing transactions to projects. After making adjustments at the end of the project for your estimated vs. actual work, you can run reports to see your profitability. The challenge will be adding budgets - as it exists at the moment, you can add transactions and expenses, but there isn't a direct budgeting feature.
You might consider creating a specific "Project" account and tie all associated costs to it (i.e. deposit the budget amount as the opening balance and subtract from there).