Budgets are often the primary tool that project managers and principals use to manage the scope of work being done for a client.
You may think that a budget is a budget is a budget. It is. . .but it is also a lot more in BillQuick. Here’s all the things you can do with a budget in BillQuick:
- Create as many line item for a budget as you wish
- Create both service/labor and expense portions of a budget.
- Assign a budget to a project.
- Use the Total Budget Amount as the Contract Amount or have a different Contract Amount.
- Restrict who can charge time and expenses to a project to only those employees and consultants in the budget assigned to a project.
- Restrict the activities and expenses that can be charged to a project to only those in the budget assigned to a project.
- Define the Allocate Tasks for employees and consultants and the tasks based on a budget.
- Define Project Control for employees, consultants, activities and expenses based on a budget.
- Show the Total Budget Amount, Spent and Left on the Sheet View screen (global setting).
- View/print a Budget Comparison Report.
- View/print a Budget Cost Comparison Report.
- View/print a Summary Budget Comparison with Percent Complete Report.
- View/print a Budget Comparison Summary by Phase Report.
- Convert a budget into an estimate and an estimate into a budget.
- Create a manual invoice based on a budget (or an estimate).
If you have more ideas how to use budgets in BillQuick, please send them to BQ-Ideas @ bqe.com (remove the spaces before using this address).