Project Management · Odoo glossary
Project Budget
A project budget sets planned revenue or expenditure for a defined project and period.
Definition
In general ERP practice
A project budget sets planned revenue or expenditure for a defined project and period. It is a baseline for control, separate from actual cost already recognized and from a remaining-cost forecast.
In Odoo
Odoo analytic budgets can be allocated to project analytic accounts after configuring plans and accounts. Compare budgeted amounts with the relevant actual and committed measures; a task’s allocated hours is a time budget, not automatically a complete money budget.
Official Odoo documentation
The Odoo-specific explanation above is based on the documentation for Odoo 19. Features and workflows can differ in other versions.
Related glossary terms
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