How do budgets for projects work?
You can use budgets in Zoho Invoice to store the ideal amount of money you would like to spend for a project as a whole as well as for individual tasks and staff. You can also store the number of hours you would like to spend for a project. After you’ve set your budget, you can compare the time and cost it actually took versus the amount you set in your budget.
There are four different budgets options available.
- Total Project Cost
- Total Project Hours
- Hours per task
- Hours per staff
Go to the Timesheet tab, select the desired project and click the Edit button.
Total project cost - You need to enter your budget for the entire project.
Total project hours - Enter the ideal amount of time you think is required for the project.
Hours per task - Enter the ideal amount of time you think is required for a task in the project.
Hours per staff - Enter your budget for individual staffs working on your project.