Why should I enter a Budgeted Revenue, Budgeted Cost and Percent Complete?

By entering the Budgeted Revenue, Budgeted Cost and Percent Complete, you are giving the system the information required to provide financial projections for your project. This will help you to keep on track and avoid over-spending on the project. The financial projection will appear on the right hand side of the project details page, and is also available in some reports.

If you have also assigned a Total Hourly Rate to each of your employees, the system will use this information to calculate a cost to date, and a projected cost of the project, so you can easily see if you are in danger of exceeding the budget for your project.