Project Setup Overview

GoldFinch manages projects using 3 levels of hierarchy: Project, Billing Tasks, and Work.

You would enter the budget cost and revenue to Billing Tasks. and track revenue, material, and service costs to projects. You can then report profit and loss by project or project tasks.

Project

You can use Project to manage Project scope, status, and billing information

Set up a numbering series with Name = Project for the Project. Check the Manual No. field if you prefer to enter Project No. manually.

Billing Tasks

You use Billing Tasks for milestone billing.

You can enter Billing Task Budget Cost and Billing Task Budget Revenue.

Both Billing Task Actual Cost and Billing Task Actual Revenue are calculated from the Project Ledger Entry table.

Work

You can create and assign Work to team members with Priority, Start Date, End Date, and Estimated Hours. Team members will enter time against Work.

Set up a numbering series with Name = Work for the Work. Check the Manual No. field if you prefer to enter Work No. manually.

More Information:

• Configure Page Layouts for Project Tracking

Article Project-Setup-Overview  ·  Last updated October 02, 2025 · GoldFinch ERP Help Center