@Producers, In Workfront, What does it mean when an agency has my hours recorded as “Actual Cost $0.00” and “Revenue $500?”

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Revenue is likely tied to billable hours while actual costs are likely tied to OOP costs aka out of pocket costs which are direct bill hours eg if you were a freelancer and direct billed to the client

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I wouldn’t read too much into it. Unless you also do time sheets through work front. 

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I do

They probably put your bill rate into the platform but not your cost rate. Probably an oversight/platform quirk.

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It means Workfront isn't set up correctly to capture and/or report on that information. Some agencies use that info from Workfront and some don't. If I were you, I'd ignore it.

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*googles workfront*

I may be alone in this, but I have no insight into or way of tracking agency staff hours. I only track editor days, and I don’t use a program to do that, just compare my calendar and edit scope burned through to my bids

Does that mean you worked over 40 hours so essentially at $0 cost to agency but they are still billing you past the 40 @ $500/hr?

@SPM1 that’s just five hours on one project. I am trying to figure out why i am not costing them a penny.

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It sounds almost like something to do with accounting, but you’d have to ask them

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