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How to enter actual expenses in a project

Why recording actual expenses matters in consulting projects

TL;DR

Track project expenses with clarity and control. This guide shows how EVX Software helps environmental consulting firms enter and manage actual expenses, supporting better billing, budget tracking, and decision-making.

Tracking Actual Expenses: A key step in project financial control

Environmental Consulting and Engineering firms manage a variety of costs across tasks, subcontractors, labs, and field expenses. Recording these actual expenses as they occur—not just what was originally budgeted—is essential for accurate billing and a true understanding of project margins. In this article, we explain how EVX Software makes this process simple, whether expenses are linked to a task or submitted independently.

How to enter task-based and non-task-based expenses in EVX Software

When working on a project, you'll need to track actual expenses, so they can be properly billed to the client. Here is a step-by-step guide on entering expenses in a project using EVX Software.

1- Go to the Expenses Module and search for the relevant project.

2- Select the Budget Expense

Under "Budget Expenses" choose the specific expense item you want to report on.

3- Enter the details

Enter the date, description, quantity, and cost based on the receipt. Upload the receipt file.

4- Click "Add Actual Expenses"

Review the details and click the "Add Actual Expense" button to save.

5- Enter Non-Budgeted Expenses

You can also enter expenses not tied to a budget line item. Just select "Add New Actual Expense" and fill in the details manually.

6- Add from Budget Expenses list

Expenses can also be added directly from the Budget Expenses list view. Select an item, click "Add Actual Expense" and fill in the details.

Following these steps allows you to accurately track project expenses for billing. Contact our team if you have any other questions!

Give your firm the project visibility, efficiency, and compliance it needs.

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Business management
Billing & invoicing
Financial control
Client management
Reporting & BI