In case you are project captain (owner) or Admin, you can setup financial budget and time capacity for particular project.
Budgets keeps you on track. You have immediate overview if there is enough money left or it has been overdrawn.
When creating a new project, it is important to select correct currency, because it cannot be changed later. Freelo operates with following currencies:
- Czech crown (CZK)
- Euro (EUR)
- US dollar (USD)
All financial reports over the tasks have the same currency within one project.
How to set up budget
Go to project detail and via setting icon on the right click Set project Budget.
In following form enter financial budget and/or time capacity in hours. Confirm via Save Budget Settings.
Budget is visible at the top right corner when you are in project detail. It can see only project captain (owner) and Admin of the project.
Each report over a task is deducted from budget. Total amount is visible in green color as long as it is still within the budget. When you overdraw either of them it turns red.
Divide exact financial budget for To-Do list and have even better overview.
When setting project budget you can add regular repeating. It means that the financial budget and time capacity clears at the certain time. For example every first day each month or quarterly.
When you already have a budget click Budget setting / repeating. Check box Repeated budget and appears another setting.
When you are adding first project budget, just click checkbox Repeated budget. Confirm the setting via Save Budget Settings.
How to reset budget
Anytime you can manually reset the budget. Go to project detail and click the already set budget. Then click orange button Reset budget manually.
In following window confirm via Reset.
Thanks to budget repeating it is regularly cleared. Time and costs are zero. Each period counts its own reports.
In Budget History you can see balance for particular period. Via small arrow you can see detailed reports from the time period.