View Consolidated Budget

The 'Budget Summary' screen presents a streamlined summary of the project’s financial data by consolidating line items according to task codes. Each line item shows the total budget associated with a task, combining values from the original bid and all associated change orders. It provides contractors with a clear and organized representation of budget allocations for separate tasks, providing better financial insights and decision-making.

To view the consolidated budget

• Open the budget module if it is not already opened. To do so:
  • Click the app launcherand select 'Finance.'
  • Click 'Budget' at the top.
• Click 'Budget Summary' on the left.

The consolidated project budget is shown:

• Cost Code: The code representing the division or category of work, as defined in the company's cost code structure. 
• Name: The descriptive label for the specific work item or task. 
• Division Code: The code assigned to the division under which the work falls. 
• Division Name: The name of the division or section related to the work.

• Actual Budget (A): The current budget amount allocated to the task based on the original bid and approved values already reflected in the schedule.

• Approved CO Value (B): The total monetary value of change orders that have been formally approved and are included in the consolidated budget.

• Future Budgeted Amount (C): 

• Total Approved Budget (A + B + C): The cumulative total of the actual budget, approved change orders, and future budgeted amounts. This represents the overall approved budget for the task.

• Unapproved CO Value (D): The total estimated value of change orders that are pending approval and not yet included in the approved budget.

• Total Forecasted Value (A + B + C + D): The projected total cost for the task, including the actual budget, approved and future amounts, and any pending (unapproved) change orders. This provides a comprehensive forecast of potential financial commitments.

Search and filter options:
Use the 'Search' box located at the top left to find any project 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, 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
Manage Custom List Views				
View Groups and Subtotals
You can get totals and subtotals of numerical data for any selected set of records by grouping and applying nested grouping. Use the  icon at the top right to organize the data by column headers.
The system automatically aggregates relevant numerical values, giving a structured breakdown and a clear view of the grand total distribution. See Group and Organize Items in a List View for more details
Download as Excel Sheet
Click the button at the top right to save a local copy of the list in Excel format for sharing and record-keeping. See Download List Views and Logs in Excel Format for more details.