> For the complete documentation index, see [llms.txt](https://knowledge.out-smart.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://knowledge.out-smart.com/marketplace-packages-and-power-ups/power-ups/contract-management/track-contract-budgets.md).

# Track contract budgets

**Contract budgets** help you monitor the agreed financial scope of a contract.

Use them to compare expected contract value with actual work and cost.

### Why budgets matter

Budgets help you:

* track contract value over time
* review whether work stays within scope
* improve contract review and renewal decisions

### How budgets fit contracts

Budgets belong to the contract context.

Review them together with generated work, materials, and ongoing agreement performance.

### Frequently asked questions

<details>

<summary>Should every contract use a budget?</summary>

Not always.

Use budgets when financial control matters for the agreement.

</details>

<details>

<summary>Does budget tracking replace invoicing?</summary>

No.

Budget tracking helps monitor the agreement.

</details>

<details>

<summary>When should I review contract budgets?</summary>

Review them during the contract period and before renewal.

</details>

### Related topics

* [**Create a contract**](/marketplace-packages-and-power-ups/power-ups/contract-management/create-a-contract.md)
* [**Manage contracts**](/marketplace-packages-and-power-ups/power-ups/contract-management/manage-contracts.md)
* [**Contract Management**](/marketplace-packages-and-power-ups/power-ups/contract-management.md)


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