gopher

outstanding balance vs total budget — how the numbers connect

two important totals on every project. budget is the price the customer agreed to pay; outstanding is what's still owed at the moment.

3 steps~2 min
  1. 1

    budget — the agreed price

    set on the overview tab. doesn't change unless you renegotiate. for change orders, edit the budget and explain it in an update post so the customer's portal reflects the new total.

  2. 2

    outstanding — drawn but unpaid + un-drawn

    shows on the project list. equals total scheduled draws minus total paid draws. if your draws sum to less than the budget, that gap is also outstanding (you haven't billed it yet).

  3. 3

    watch them shrink as the build progresses

    every paid draw drops outstanding. final payment at delivery brings it to zero. when outstanding is zero before the build's done, you've over-billed — or the customer paid early.

    tip

    the outstanding number is the most useful single figure for cash-flow conversations. "we're $4,500 outstanding on the wilson credenza" beats "we have a $12k project with $7,500 in draws."

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