Projects

See project budgets, hours, costs, and billing in one place

Track practical project budgets against employee time, expenses, cost, and billing, without adopting a broad project-collaboration or PSA platform.

Project tracking software showing project hours, budgets, and costs

Project budgets connected to the work that changes them

Set up the client, project, tasks, rates, and budget once. As employees add time and expenses, managers can compare actual activity with the plan and see the effect on cost, billing, and profitability.

Project task tracking with billable task settings

Clients, projects, and tasks

Organize work by client and project, then use tasks to separate phases, services, or activities. Time stays connected to the right budget and reporting detail.

Hours, cost, billing, and expense budgets

Choose the budget measure that fits the engagement. MindSalt supports hour, cost, billing, and expense budgets, with task-level detail when the project needs it.

Project access settings for assigned employees and teams
Project date settings for tracking approved work windows

Actual time and expenses

Employee time and project expenses become the actuals behind the budget. Billable status, labor cost, receipts, and reimbursable or client-billable expenses stay connected to the work.

Planned versus actual, in real time

Review hours, cost, billing, and expenses while work is active. Profitability is calculated as total billing minus total cost and is available in real time.

Project budget tracking by hours, billing, and cost

Built to Bring Projects Into Focus

Practical financial control for different kinds of service work

Use the same connected project record for fixed-fee, hourly, recurring, and retainer-style work. This is especially useful for consulting firms, IT services, and marketing agencies that need financial visibility without full PSA complexity.

Fixed-fee work

Compare time, cost, billing, and expenses with the agreed fee while the engagement is still active.

Hourly work

Track billable and non-billable hours by client, project, and task with the rates that apply to the work.

Recurring work

Reuse a consistent project and task structure for work that repeats, then report on each period with the same financial context.

Retainer-style work

Keep hours and expenses visible against the planned level of work so scope drift is easier to recognize.

Rates that reflect the agreement

Use employee, project, task, or assignment-level rates when a client or contract needs its own billing setup.

Real-time profitability

MindSalt calculates project profitability as total billing minus total cost and updates the view as project activity changes.

More Project Tracking Features

Controls that keep project records useful

Recurring budgets

Advanced rates

Billable & non-billable time

Project managers

Custom project fields

Adjustable billing amounts

Require comments

Project status & priority

Related Features

Time Tracking

Expense Tracking

Reporting

Approvals

FAQ

Common Project Budget Questions

What is project tracking software?

Project tracking software helps teams connect project work with the details around it, including tasks, time, expenses, budgets, billing, costs, and profitability. MindSalt keeps those pieces together so managers can see where projects stand without digging through spreadsheets or disconnected reports.

Can project managers approve time for their own projects?

Yes. MindSalt can give project managers access to review and approve time for the projects they manage, without giving them access to everything.

How does project budget tracking work?

Project budget tracking compares planned budgets with actual time, expenses, billing, and costs. This helps teams spot budget drift early, understand project performance, and see whether work is staying on track.

Can billing amounts be adjusted without changing the original hours?

Yes. Admins can adjust billable amounts when discounts, write-offs, corrections, or client-specific billing changes are needed.

Can comments be required for certain projects or tasks?

Yes. MindSalt can require employees to enter comments for selected projects or tasks, which helps with billing details, audits, and project review.

Can different tasks have different billing rates?

Yes. Rates can vary by employee, project, task, or project-task assignment, giving teams more flexibility for complex billing rules.

Can teams see which projects are profitable?

Yes. MindSalt compares project time, expenses, billing, costs, and budgets so managers and finance teams can better understand profitability.

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