Time Manager - Full Calendar - Budget This Month

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The "Budget This Month" value is calculated by taking the monthly budget, dividing it by the total number of days in the month and multiplying the result by the number of days gone in the month.  For example, if a Timekeeper has a monthly budget of 120 hours for April and the current date is April 25, the "Budget This Month" would be calculated as follows:

120 / 30 = 4   (Monthly Budget / Total Days in Month)

4 x 25 = 100 (Result of Above x Days Passed in Month)

"Budget This Month" will equal 100.

Depending on the monthly budget, the number of days in the month and whether you track time in tenths or hundredths, there may be some rounding involved.

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