{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/9475dc71422d4c85a53b2b9d6f84bfcf\" frameborder=\"0\" width=\"1548\" height=\"1161\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1161,"width":1548,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1161,"thumbnail_width":1548,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/9475dc71422d4c85a53b2b9d6f84bfcf-7a125bf7d1c63d6c.gif","duration":471.561,"title":"Managing a Project: Budget ","description":"In this video, I walk you through the budget tab within a project, focusing on key elements like contract value, revenue, costs, commissions, service tax, gross profit, and gross margin. I explain how these figures are derived from signed agreements and how they can fluctuate based on project activities. I also highlight the importance of tracking variances between planned and actual costs, as well as how to manage commission profiles. Additionally, I demonstrate how to send cost line items to QuickBooks for better financial management. Please make sure to review your project’s budget regularly and keep your entries updated."}