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Indexing budgets

This article explains how budgets can be indexed in Simplicate.

Inge Terpstra avatar
Written by Inge Terpstra
Updated this week

In addition to rates and services, service budgets can also be indexed. The options for indexing budgets can be found under Settings > Projects > Indexing > ‘Service Budgets’ tab.

On the right side, several filter options are available. This allows you to more quickly make the desired selection(s) to index.

Always index the rates / services first, and only then the budgets, to avoid duplicate work. You can choose to index based on:

  • Recalculate budget based on current rates

    This option recalculates the total budget based on the hourly rates assigned to the service. Before doing this, make sure the hourly rates are indexed to avoid duplicate work.

  • Index budget by a percentage

    This option indexes the rates by a certain percentage, which can be either positive or negative.

The indexing concerns the total budget assigned to a service. In order to be able to index the budget of a service, it must be possible to register on the service. This means that time registration and/or cost registration must be enabled.

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