Track project budgets and financials

Compare budgeted hours, costs, and revenue with actual project results.

Projects helps you compare what you planned with what the project actually costs.

Use this to stay on budget and spot issues early.

What you can track

You can track:

• budget hours
• budget costs
• expected revenue

Actual values come from the work orders linked to the project.

1

Add the budget values

Open the project and enter the planned hours, costs, and revenue.

2

Link work orders

Make sure the project work is linked to the correct project.

3

Review actual progress

As work orders are completed, review the hours, materials, costs, and revenue on the project.

4

Compare planned and actual values

Use the project totals to see whether the project stays within budget.

Good moments to review financials

• before invoicing
• during longer projects
• after major project phases

Frequently asked questions

Where do the actual values come from?

They come from linked work orders.

Hours and materials roll up to the project.

Can I track revenue as well as costs?

Yes.

Projects supports both expected revenue and actual results.

Do I need Project Planning to track budgets?

No.

Budget tracking works in Projects itself.

Related topics

• Create a project
• View the total project overview
• Use the Project Planning Board