Budget

FlexiProject is a tool that enables you to create a budget structure based on different categories of costs and revenues. You can plan individual items within each category to get a more accurate picture of your overall budget.
For projects that involve both revenues and costs, FlexiProject will show you the projected profit. You can save the budget you create as a plan for future reference.

To ensure that your accounting department has all the necessary information, supplement each cost and revenue item with relevant details. This can include cost centers and types of expenses.

Consider attaching critical documents such as purchase orders, analyses, and invoices throughout the project. Doing so will allow you to track progress and document budget implementation accurately.

FlexiProject is a tool that enables you to keep track of your expenses and predict the remaining costs until the end of the project. This way, you can accurately determine if you will meet the budget plan and how much the total cost of the project will be.

By having this information early, you can make informed decisions and take necessary actions to prevent going over budget.

FlexiProject allows linking budget items with particular tasks on the schedule. In cases where the expense date is closely related to the task date, you can establish a connection between them.

This link ensures that any changes made in the task date on the schedule will automatically update the expense date.

Companies aim to optimize their cash flows, which requires project managers to do the same for their projects.

FlexiProject provides the ability to define the timing of each budget item, allowing managers to easily track the distribution of costs and revenues on each project over time.

FlexiProject is a tool that enables you to generate customized financial reports per your preferences. You can easily create reports on discrepancies from the planned budget, expenses, and projected costs within a specific time fame, while considering the project categories or individual projects of your choice.

Once created, the report can be saved aalways be available with the latest data.