• Budget Spent not shown for Projects with "Total project fees"

Budget Spent not shown for Projects with "Total project fees"

  • 45Views
  • Last Post 21 July 2017
0
votes
frank.stuhec posted this 20 July 2017

Hi,

we've setup several projects that have a fixed budget fee.

When we look at these projects in reporting, there is no calculation of "spent" budget.
This seems to be only working for projects that are setup as "Total project hours", right now.

Calculation should also be done for the other butdet types. Otherwise we're not able to track budgets.

 

reporting project budget
Order By: Standard | Newest | Votes
0
votes
Artem Avramenko posted this 21 July 2017

 Check that billable rates are specified in projects with the "Total project fees" budget.

0
votes
frank.stuhec posted this 21 July 2017

Hi Artem,

thank you for your reply.
Yes, they are.

 

0
votes
Artem Avramenko posted this 21 July 2017

If you see the 0% budget spending, check also that time entries on the Time page are marked as billable.

0
votes
frank.stuhec posted this 21 July 2017

Hi Artem,

ok, i see.
So it does not calcuate Budget used based on costs, but on hours billable ?
To me this doesn't make sense for projects with total project fee.

I would calculate this as internal costs in relation to total budget, ex:

Budget: $1.000

Member A spent 5 hours ($15 / hour) : $75
Member B spent 12 hours ($35 / hour): $420
So total cost is: $495

Budget used: 49.5 %

New Ticket
Categories
Popular Tags
Close