Project Budget

Stay on top of your project finances with the Project Budget optional feature. The feature lets you set a budget for labor, expenses, and purchases, and track expenditure either at the project or task level.

• You can compare up to five submitted budgets side-by-side and approve the most realistic scenario. View totals as well as monthly, quarterly, category-level, and task-level details.

• You can keep different versions of the same budget.

• You can can submit multiple budgets for approval. Approving a budget automatically rejects the others and lets the submitter know which was approved.

• You can define your own color codes ranges to identify whether budget items are on or off target, based on the percentage of planned versus actual expenditure.

For more information about configuring and using the Project Budget feature, see Project Budget.

Important:

The previously existing Project Budget feature has been renamed “Transactional Budget”. You can change the account term for “Transactional Budget" in Administration > Global settings > Display > Interface: Terminology.

To enable this feature, contact OpenAir Customer Support.