Open a specific Work Template from Main Menu > Settings > Work Templates. From that Template, select the Budget tab. There, you will be able to add in your Budget and Time estimates by using the Add Budget Estimate button or link.

Note: The Budget tab will only display if Budgets is turned on in Settings > Time & Budgets. In addition, Fees won't be displayed unless you choose Time & Dollars for the Budget option in the Time & Budgets settings.

When setting up a budget within a template, you will first need to determine your Billing Settings. You can choose between three Fee Types (time & materials, fixed fee, and non-billable) for the work template.

When adding an estimate to a template, add the appropriate Role, Task Type, hourly billing rate (click Use Default), and the estimated time to complete in hours and minutes. The Team Member field isn't typically added in a work template, but would be on a work item where the resources are already assigned. Once complete, the Estimate Total will calculate and click Save.

Repeat this process for all associated Task Types per Role and for all Roles that participate to complete the work. This will create an accurate budget that can be reviewed in total in the Budget Overview and by Role / Task Type / Team Member in the budget details table.

Once your template is all set up, you can then begin creating your work off of your template as usual and add in your actual time, expenses and more as you complete the work.

Tip: Regardless if a fixed fee or time & materials engagement, after completing the budget estimate for all roles and task types, review the budget from the Budget Overview to see if the total hours and dollars reflect your expectations for the given service work. If too high or too low, review the time estimates provided or review your billing rates per role and task type.

Important note: If you would like any prior work created off of this template to inherit the budgets you will need to reset your work to the template.


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