Overview
These articles help you understand how to manage and track all your projects in real time using the Budget vs Actual table in ServiceTitan through step-by-step workflows. On the Project screen, you can easily view things like the project budget as well as actuals accrued as you complete the project. This new functionality gives you visibility into the phases of work your project goes through, percent expended and variances at an itemized level, and more. Use the workflows in this guide to:
Know how to set up ServiceTitan to get started
Learn about project labels and how to create and apply them to manage your projects
Build estimates that contain the services, equipment, and materials you plan to use in a project
Generate a budget for your project and manage the accrual of actuals
Use progress billing to bill your customers in phases and upon milestone completion
Modify the contract value of a project with change orders
Who uses this feature
Accountants and managers
Applies to all business types
Applies to all trades
Benefits
Track completion progress on long term projects and make updates or corrections to the project as needed
Get a detailed view of all your expenses for the project—from beginning to end
Create a detailed budget for projects that last weeks, months, or years
Update projects as needed with change orders
Bill customers as you reach specific milestones or complete phases of the project with progress billing