How are spent, remaining, and over budget calculated?
By Dan Taylor
Spent is the total of recorded expenses; remaining is target budget minus spent.
Spent is the sum of every expense recorded for the project.
Remaining is the target budget minus the amount spent.
A project is over budget when spending is greater than the target budget. Quotes do not count as money spent; add an expense when money is actually paid or committed according to your own tracking method.