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People and workProjects

Plan project work, track time against budgets and bill clients with GST invoices from approved hours.

Projects is for agencies, IT services firms and consultancies that run client work. Teams plan tasks on boards and Gantt charts, log time on the same timesheet People uses, and project managers turn approved hours, milestones and expenses into invoice drafts. With Books on, approved drafts become posted GST invoices and project margins match the ledger.

Projects dashboard: active projects, budget and billing figures, a chart of revenue, cost and billable hours, and portfolio health.Projects dashboard: active projects, budget and billing figures, a chart of revenue, cost and billable hours, and portfolio health.

Key capabilities

  • Tasks, boards and Gantt with dependencies
  • Fixed fee, time and material and retainers
  • One timesheet shared with People
  • Rate cards and cost from CTC
  • Invoice drafts that post to Books
  • Utilisation, bench and project profit and loss
What it does

Projects in detail

Projects and clients

Each project carries its client, billing model, budgets and health. Clients are Books customers when Books is on.

  • Fixed fee with milestones, time and material, retainer and internal projects
  • Budgets in hours, cost and revenue with burn thresholds
  • Daily health from budget, schedule and margin, with the reason shown
  • PO reference, SAC code, GST rate and payment terms per project
  • Start a project from another project’s tasks and milestones

Tasks and planning

Plan and track work in the view that suits the team.

  • Tasks and subtasks with assignee, status, priority and estimates
  • List, kanban board and Gantt views
  • Four dependency types with lag days
  • Milestones with billing amounts
  • My tasks across projects, and due-date notifications

Time and expenses

People owns the timesheet; Projects reads approved lines and prices them.

  • Log time from Projects or the People timesheet on web and mobile
  • Manager approval in People stays the approval of record
  • Billable rules by project, task and team member
  • Write-offs and write-downs with a reason before invoicing
  • Approved expense claim lines tagged to a project, with optional markup

Rates, costs and resources

Bill rates from rate cards and cost rates from People, with salaries kept private.

  • Rate cards by person, project role or grade, effective-dated
  • Hourly cost from CTC plus an overhead loading, shown only to admins and finance
  • Allocations against weekly capacity, net of leave and holidays
  • Resource planner, utilisation and bench reports

Billing and revenue

Invoice drafts are built from what is ready to bill and approved by finance.

  • Drafts from completed milestones, approved hours, retainer fees and expenses
  • Not-to-exceed caps and retainer overage
  • Approved drafts create and post Books invoices with the project dimension
  • Revenue by percentage of completion for fixed-fee projects
  • WIP and unbilled report with ageing

Financials and client updates

Project profit and loss that agrees with Books, and status reports clients can read without signing in.

  • Project profit and loss with labour cost, expenses and margin against budget
  • Portfolio view with burn, health, margin and receivables
  • Budget change requests through approval
  • Status reports with a read-only client link and PDF
Built for India

Indian rules, built in

Billing follows Indian GST practice for services, with Books deciding the tax split.

How Thoshika handles Indian compliance

  • SAC codes and GST on invoice lines; CGST and SGST or IGST by place of supply in Books
  • Rebilled expenses with markup treated as part of the value of supply; pure-agent recoveries flagged
  • Revenue recognition by percentage of completion for fixed-fee contracts
  • Rupee amounts in lakhs and crores, April to March financial year
Who uses it

Roles in Projects

Every person signs in once. Roles decide what they see, and can be limited to a location, branch or other scope where the app supports it.

Projects admin

Manages all projects, settings, rate cards, cost rates and revenue recognition.

Project manager

Runs projects, the team, tasks, allocations, billing drafts and status reports.

Finance admin

Approves invoice drafts and reviews WIP, revenue and project profit and loss.

Team member

Sees their projects and tasks, logs time and tags expense claims.

See Projects with your own processes

Projects is available on its own or as part of Thoshika One, with every app for every employee.