To execute any project, there will be requirement of budget (fund). Budget allocated for project will have various heads like direct cost towards – manpower, material and travel and indirect cost like – office expenses, rental charges etc. Now, during the execution phase of any project – project manager will have to keep track of all the expenses incurred along with budget consumed.
This template will help you, business leader, project manager or PMP to keep track of approved budget for each head, current period expenses, cumulative expenses and available funds. All these information will help you take decisions and analyze the profitability and viability of your project.
Furthermore, you can customize this template as per your requirement to curate your own version of Project – Invoice wise Cost Summary report. In some of the cases, Daily progress report (DPR) for projects also includes information of cost and other items as annexure.
Also, explore similar invoice templates in Excel by FormatWorks.