## Zoho Billing - Product, solutions, integrations, support, and resources Index

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# How do budgets for projects work?

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Budgets in Zoho Billing enable you to set the ideal amount of money you would like to spend for a project as a whole, as well as for individual tasks and staff. Also, you can also define the number of hours you would like to allocate to a project. Once you’ve set your budget, you can compare the actual time and cost incurred against the budgeted amounts.

There are two budget options available in Zoho Billing:

*   **Revenue Budget:** The estimated income that you expect to receive from this project.
*   **Hours Budget Type:** The estimated time users spend for a project. It is further divided into three categories:
    *   Total Project Hours
    *   Hours Per Task
    *   Hours Per Staff

To assign the budget for a project:

*   Go to _Time Tracking_ on the left sidebar and select **Projects**.
*   Click **\+ New Project** in the top right corner of the page.
*   Fill in the mandatory details such as the **Project Name**, **Customer Name**, and **Billing Method**.
*   If you want to allocate a revenue budget for this project, you can enter the budget details _Revenue Budget_ field. If you want to allocate budget based on the hours spent on the project, click **Add budget for project hours**.
*   The _Hours Budget Type_ field will appear. Select the appropriate value.

**Total Project Hours:** Enter the estimated time spent on the entire project in the _Total Budget Hours_ field.

**Hours Per Task:** Enter the estimated time spent on a completing a task in a project in the **Budget Hours** column under the _Project Tasks_ section.

**Hours Per Staff:** Enter the estimated time allocated to a user to complete the project in the **Budget Hours** column under the _Users_ section.

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