Project Budgeting

A budget is a plan for your future income and expenditures that you can use as a guideline for spending and saving.

Without having a proper budget any project will not be able to survive after the initial phase.

NFRA comes with the assurance to user that proper budgeting will be done, so that the influx of income does not lowers in accordance to expenses at any point of time.

eresource NFRA budgeting module computes the Material and other Direct Cost of Project from the Base Price in the Item Master. The base price is updated as per the last services / purchase cost. Budget configuration permits the user to select it invoice-wise or order-wise. It can also further break into a category wise or lumpsum wise configuration. Budget configuration permits the user to select it invoice-wise or order-wise.

Once the budget configuration has been selected in an desired manner, the budget allocation screen allows you to allot budget for each item as per the category wise or item-wise. When you choose to allot budget under the category-wise option, prices of all items under that category will be considered before the allocation of the budget. On the other hand if you have chosen the item-wise budget allocation, the allocation will be done for each item individually.