Finance/Workspace

Finance

Operational financial visibility, built from existing Procurement, Project Management, and Production records.

This is operational reporting, not a general ledger or statutory accounting. It does not represent audited financial statements, cash position, profit, bank balance, accounts payable/receivable balances, or tax position — none of those concepts exist in this system yet.

This period selector affects only the Production cards and tables below. Project Financials are always shown as all-time totals per project — the underlying figures are accumulated project costs, not a monthly accounting-period calculation.

Executive Summary

Project figures are aggregated across all 2 projects. Approved Budget totals only the 2 projects whose estimate is currently approved — Actual and Variance include every project regardless of approval stage.

Approved Project Budget
₦955,000.00
2 approved of 2 projects
Project Actual Cost
₦360,000.00
All projects, all-time
Project Variance
₦595,000.00
Target minus Actual, summed across all projects
Approved PO Commitments
₦1,003,300.00
Whole-of-Procurement — not attributable to a specific project
Production Labour
₦85,000.00
August 2026 · not project-attributable
Production Overhead
₦0.00
August 2026 · indirect materials only

Project Financials

Estimated and Approved Budget are the same underlying figure (the project's Estimated Cost Breakdown total) shown at two different points in its lifecycle — exactly one of the two columns is populated per project, never both. Project-level Committed Procurement Cost is not shown here: no relationship currently exists between a Purchase Order and the project that requested it, so this cannot be derived without guessing.

ProjectStatusApprovalEstimatedApproved BudgetActualVariance
APrjt-DEMO-001
Admin
PlanningApproved₦0.00₦0.00₦0.00
CE-DEMO-001
Client
In ProgressApproved₦955,000.00₦360,000.00₦595,000.00

Production Financials

Direct Materials and Direct Labour also exist at the individual batch level (Production's own batch detail view) — this section shows the module-wide, period-based figures instead, because Production work cannot currently be attributed to a specific project (no relationship exists between a batch and a project; see data-models.md §8). Direct Labour and Indirect Material Overhead are two genuinely different things, shown in separate columns, never merged into one figure without saying so.

MonthDirect Labour (recognized)Indirect Material OverheadCombined
August 2026₦85,000.00₦0.00₦85,000.00

“Combined” is a simple sum of the two columns for convenience — it is not a formal accounting P&L figure and is never allocated to a batch, project, or product.

Direct Materials (all-time)
₦154,000.00
Recognized Direct Labour (all-time)
₦85,000.00
Production Actual Cost
₦239,000.00
Direct Materials + Recognized Direct Labour, whole-of-Production, all-time
QC / Production Loss — Scrap (all-time)
₦0.00
A separate cost category from Direct Materials and Direct Labour above — never folded into either. Only unit-level scrap has a computable cost (that unit's product cost at the moment of the decision). Rework, quarantine, and any batch-level scrap (which precedes serialization, before any product/quantity breakdown exists) have no existing cost data to draw from and are not included here.

Procurement

Approved PO Commitments sums the grand total of every Purchase Order whose approval status is Approved — Draft, Pending Approval, and Rejected POs are excluded, since nothing has been authorized for them yet. This is never based on Goods Received or Supplier Invoice totals, which answer different questions (what has physically arrived, and what has been invoiced).

Approved
₦1,003,300.00
3 POs
Pending Approval
₦0.00
0 POs · not committed
Draft
₦0.00
0 POs · not committed
Rejected
₦0.00
0 POs · not committed

Payables Visibility

Recorded Supplier Invoices — Procurement's own obligation records, shown here for visibility only. This is intentionally not called “Accounts Payable”: the system has no payment model, so “Recorded” means exactly what it already means on the invoice — recorded and not cancelled — never “unpaid”. There is no Amount Paid, Outstanding Balance, or Amount Due figure anywhere on this page, because none of those concepts exist yet. This section is independent of the Production period selector above — invoice dates and production periods are unrelated.

Recorded Invoices
1
Recorded Amount
₦496,650.00
Cancelled Invoices
0
Cancelled Value
₦0.00
Historical — excluded from Recorded Amount above
InvoiceVendorPOInvoice DateAmountStatusPO MatchPaidRemainingSettlement
DTB-INV-DEMO-001Demo Timber & Board LtdSPO-DEMO-00109 Aug 2026₦496,650.00RecordedException₦0.00₦496,650.00Unpaid

“PO Match” reflects the Purchase Order's overall three-way match (Purchase Order ↔ Goods Received ↔ every non-cancelled Supplier Invoice on that PO combined) — not this invoice individually. A PO with more than one invoice shows the same PO Match status on each of its invoice rows, since the underlying calculation is PO-level, not invoice-level. “Paid”/“Remaining”/“Settlement” reflect only COMPLETED Payments recorded in Finance's own Payments module below — a Draft payment does not yet change an invoice's settlement status, since it represents a plan, not money having actually moved.

Payments

Finance's own Payment Foundation — Company Bank Accounts, Recipient Accounts, and Payments. See the dedicated pages below for the full lifecycle (Draft → Completed → optionally Reversed, or Draft → Cancelled).