View Allotted budget

The subcontractors can view the budget share allotted to their company from the overall project budget for their part of the work in the project. This enables the contractors to stay informed about their financial allocations within the project.

To view allotted budget

• Open the budget module, if it is not already opened. To do so:
  • Click the app launcherand select 'Finance.'
  • Click 'Budget' on the top.
• Select 'Original Budget' from the options on the left

Search and Filter Options:
Use the 'Search' box located at the top left to find a change order using any value from the table as search criteria
Right-click the column header and customize the display and order of the columns as you wish 
The options at the top right allow you to filter the entries, create nested groups of entries, and manage personalized and customized views of the table. 
Use the links below to learn more about these:
Customize Columns in List Views
Filter Options in List Views
Group and Organize Items in a List View
Manage Custom List Views.

• Cost Code - The code representing the division/category of work as per the cost code list at your company level
• Name - The label of the work/task
• Quantity - The numeric value of the amount of work required to be done
• Quantity Unit - Units by which the amount of work done is measured
• Effort Hours - The total working time required for completion of the work, in manhours
• Type of Calculation- How the budget amount for this line item is computed. 
  • Automatic - The total amount is calculated as a sum of the values specified for different cost types, like material, labor, equipment, etc.
  • Manual -  Total budget amount entered manually.
• Total Budget Amount - The total budget allocated to that particular task/ deliverable.
• Labor - The monetary value of the cost allotted for the wages
• Equipment - The monetary value of the cost allocated for the use of equipment and machinery for the work
• Subcontractor - Expenses related to external subcontracts, if any. 
• Material - The monetary value of the cost allotted for the materials used for the work
• Others - Miscellaneous expenses like transportation, material handling, fees paid to various vendors, agencies, and more.
• Overhead - Operation costs that the company bears
• Profit - The profit gained by your company from the work item
• Assigned to - The contractor to whom the budget line item is allocated
• Contingency -  The percentage of the total amount set aside for contingency expenses