Brightflag applies various invoice budget flags to help track budget overruns. These include:
Budget Overrun
Budget Overrun 75%
Budget Overrun 150%
Monthly Budget Overrun
Monthly Vendor Overrun
Fiscal Quarter (FQ) Vendor Overrun
FQ Total Overrun
Fiscal Year (FY) Vendor Overrun
Phase Total Overrun
Phase Vendor Overrun
The matter summary tab includes a mini-budget chart to visualize any budget overruns based on your default settings.
Q: When do these flags appear?
Budget flags will only appear when the budgeting style of the matter matches the flag type. For example, if a Fiscal Year budget is set, the Fiscal Year Overrun flag will be used.
Additionally, Life-of-Matter (LOM) flags will always appear when an overrun occurs, regardless of the budgeting style.