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Budget

Budget information is used to compare actual costs and charges to the budget in the Financial Status tab of a job and also in reports. Quantities are not required but may be useful when comparing to actuals. The Charge amount is automatically calculated based on the mark up percentages in the Settings tab but can be overwritten and are applied:

Materials - materials Inventory and Creditor
Creditor Purchases - Creditor Purchases and Cash Book Payments
Labour - timesheet hours spent on a job
Resource - costs entered as type Resource

Budget type of Journal has no mark-up percentage and any changes to Charge must be changed manually.

Steps

1.	Click Budget tab
2.	Type in Quantity, Cost and add a Note if required against the appropriate Cost Centres and Stages
4.	Adjust Charges where needed
3.	Save changes

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