Revenue Budget in Zoho Projects

We have introduced Revenue Budget in Zoho Projects. Revenue is the payment that is expected from the clients and can be used to track the profitability of the project. Users can track the revenue budget of a project and compare it with the planned and actual revenue. We have made some changes in our Budget feature to reflect this update.

Revenue Budget is available only if the budget type is Based on Project Amount.
The existing Rate Per Hour field is now used for calculating the planned and actual revenue of the project and for billing/invoicing.
The new Cost Per Hour field is used for calculating the planned and actual cost of the project.
Revenue Budget is displayed in the list view and can be compared against the planned revenue, the actual revenue, and the invoiced amount.
The existing values in the Rate Per Hour field will be copied to the Cost Per Hour field to calculate the project cost.
If the Rate Per Hour field is used for calculating project costs in Zoho Analytics, please manually update the reports with the Cost Per Hour field to reflect the project costs.

Revenue Budget can be enabled from the setup page.

Once enabled, the Revenue Budget and the Rate Per Hour fields are displayed in the New Project form and in the Edit Project form.

Please refer to our help document to learn more about using Revenue Budget and tracking it in Zoho Projects. You can also leave a comment below if you have any queries or send an email to our support team (support@eu.zohoprojects.com for the EU data center and support@zohoprojects.com for all other data centers).

Zoho Desk Resources

Desk Community Learning Series
Digest
Functions
Meetups
Kbase
Resources
Glossary
Desk Marketplace
MVP Corner
Word of the Day

Topic Participants
Chaitanya Mella
Zoho Admin
Torben
Monica P

Sticky Posts
Tip 37: Time Log Restriction in Zoho Projects
Timesheet in Zoho Projects helps you big time in entering log hours for the tasks and issues and approving them. Now, with the new Time Log Restriction option, you can set daily and weekly log hour limits. You can restrict users from entering extra log hours than the permissible limit. The limits are restricted to 24 hours per day and 168 hours per week by default based on business hours. To customize, navigate to Task & Timesheet settings under Portal Configuration in Zoho Projects setup and enable
Rename Task Module To Suit Your Project
Task Module in Zoho Projects gives a comprehensive view of all the action items, known as Tasks, across all projects. However, different industries may use alternative terminology for similar processes, which might not always be recognised when labelled
Project Billing with the Staff Hours Method in Zoho Projects
The Staff Hours Billing Method in Zoho Projects allows you to bill your clients based on the actual time spent by each team member on a project, at the rate set for each user. This is useful for projects where different skill sets are needed and service
Achieve Full Financial Control by Tracking Both Cost Budget and Budgeted Hours
Zoho Projects now supports tracking budget with both Cost Budget and Budgeted Hours simultaneously across all modules (Based on Project, Phase, Task, or User). Why Track Both? Tracking both cost budget and budgeted hours provides a more holistic view
🎉 Celebrate Zoho Projects’ 18th Birthday with Us! 🎉
Hello Zoho Projects Community, We’re thrilled to announce that Zoho Projects is turning 18 today! To mark this milestone, we’re hosting a special AMA (Ask Me Anything) event starting at 3 PM IST today and running until 3 PM IST tomorrow. This is your