Project Budget Status Report
From here, you can track and monitor the budget status of projects, including allocated funds, expenses, and remaining budget, to ensure effective financial management and project cost control.
To see the report just follow the below steps:
Project: Select the project for which you want to view the budget status.
Search: Click to generate the report.
Reset: Click to clear the selection and start over.
After clicking the search you can see the details of the project budget. Such as:
Description: Displays the description of the project.
Revenue: Shows the total revenue generated by the project.
Original Cost: Displays the original cost of the project.
Cost of Revenue: Shows the expenses directly related to generating the revenue.
Accounts Receivable: Displays the amount owed by customers.
Rent Expense: Shows any rent-related expenses for the project.
Accounts Payable: Displays the amount the project owes to suppliers or vendors.
Profit Margin: Indicates the profit margin of the project.