When creating a budget in Productive, you may need to set it up as a lump sum budget.

This requires a specific configuration to ensure accurate tracking and financial management.

First, add a Fixed billing type service that reflects the total amount of the budget. Set Piece as the unit and the quantity to 1.

Add an estimate in hours here as well. This estimate will be used for time warnings later (e.g. Manny Miller will get a warning when billable hours reach a certain percentage of estimated hours).

By disabling both expense and time tracking, you effectively lock this service, ensuring that no additional costs or time can be tracked against it. This allows the service to act as a placeholder for the entire budget amount.
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Fixed Service Setup:

Next, add Fixed services beneath the locked service. These services will allow team members to track their time while maintaining control over the total budget. Setting the quantity to 0 ensures that these services do not add extra budget to the initial lump sum.

Trackable Service Setup:

As team members begin tracking their time, the hours logged against these services will be deducted from the total budget (the first locked service).

This setup allows you to see both how much time has been logged compared to the estimate, and how much budget has been consumed compared to the lump sum.

This way, you can monitor progress from two angles:

By combining both, you get a more complete picture of project health: spotting overspending early while keeping an eye on time efficiency.