openproject/help/user-guide/budgets/README.md

---
sidebar_navigation:
  title: Budgets
  priority: 790
description: Find out how to create and manage budgets for a project in OpenProject.
robots: index, follow
keywords: budgets
---

# Budgets

You can create and manage a **project budget** in OpenProject to keep track of your available and spent costs in a project.

You can add planned **unit costs** as well as **labor costs** for the project.

Then, you will assign work packages to a budgets. If you log time or costs to this work package the costs will booked to this budget and show the percentage spent for a project budget.

| Feature                                             | Documentation for                              |
| --------------------------------------------------- | ---------------------------------------------- |
| [Create a project budget](#create-a-project-budget) | How to set up a project budget in OpenProject? |
|                                                     |                                                |
|                                                     |                                                |
|                                                     |                                                |
|                                                     |                                                |

## Create a project budget

In order to create a budget in your project, the **Budgets module** needs to be activated in the [project settings](../../project-admin-guide).

To create your first budget in OpenProject, click the green **+ Budget** button on the top right of the page.

![Budgets_create-new](Budgets_create-new.png)

In the detailed view that will open you can enter the details for your project budget. As well as add planned unit costs and planned labor costs.

1. Enter a **subject** for your budget so you can identify it easily.
2. Enter a detailed **description** to add further information to your budget, e.g. budget owner, status and more.
3. Upload additional **files** to your budgets with drag and drop or by clicking on the field and choosing a file from the explorer.
4. Enter a **fixed date** if needed, this date will be taken for the budget to calculate the planned costs based on the [configured hourly rate](../time-and-costs/cost-tracking) in the user's profile. The hourly rate can be set for different date rages, therefore, if you set a fixed date for a budget, always the rate from this date will be taken.

![Budgets-details](Budgets-details.png)