Create a Budget

The budget is the starting point for RIB CX Contract Administration. It's here you'll build your budget structure, add your estimate and then create contracts for each of your line items.

Open

To Create a Budget

1. Click on the Plus icon on the blue ribbon top right hand corner. 

Open

2. Search for Budget or select it from under the Contract admin menu.

Adding Line Items

1. Click insert row or click in the first line.

2. Give line item a description.

3. Add a Cost Code (optional depending on set up).  

4. Add the Estimate amount for the Budget.

5. Repeat until you have added all your budget line items.

6. Click Submit. 

Header Rows and Indentation 

You can have header rows and indent the items under that header as per example below. 

1. After inserting your header row. 

2. Click on Insert Row.

3. Then click on the > arrow.  This will indent this line under the header above. 

4. To add another header row, click Insert Row and then click on the < arrow.

5. The header rows will total the budget lines indented under it. 

After your budget is approved and ready, you may want to create contracts for each of your line items or edit the formatting of the budget. Click here for how to create contracts.

Removing Line Items

1. Select the line item you want to remove.

2. Click Delete.

Cost Code Selection

Per Project, against each budget form type, you can define a list of cost codes. Cost codes are set up and maintained by Administrators, click here for more information. 

If Codes are configured, it will replace the code text box with a drop-down select on the budget form.

Codes are unique within the budget form type.

A code can only be selected once per budget form.

Any user who can add / edit a budget line can change the cost code.