Record and update the project budget

The project budget defines management’s expectations on how much the project will cost. Defining the project budget is optional as some organisations have existing systems for project financial accounting.
 

To record the project budget:

1. Click +New > Budget from the Financials grid.
    
2. Set the budget information and click Generate Transactions.
    
3. In the pop-up dialog box, set the Amount to distribute, Start date, End date or Number of months and click Generate.
   
   Note: This step distributes the total budget amount entered evenly spread across the set period. 
    
4. Click Save and Close to record budget transactions.
    
5. Adjust and update budget amount if necessary and click Save to apply changes.
   
   Tip:  Unless locked by the admin, you can also edit the budget amount in-cell within the grid.