Budget Project

[Minh Phi]

Hello, I want to create a financial management project. Each epic represents a quarter, and a ticket upon creation is the budget for the project. The workflow is Todo -> In-progress -> Approve or Reject. When approved, the amount is added to the epic,

I have created automation based on the process of summing story points in an epic, but it is not working. Please help me. Best regards

[Olha Yevdokymova_SaaSJet]

Hi, @Minh Phi 

The Time & Cost Tracker for Jira Cloud add-on can help you implement this financial management project in Jira. The add-on is developed by my team and  allows you to track the cost of each Jira issue (ticket) and provides tools to aggregate and report costs at the epic level, effectively giving you a financial overview of each quarter.

Here's how you can set it up:

1. Install the Time & Cost Tracker for Jira Cloud add-on.

2. Set up your Jira project:

   • Create epics to represent each quarter (e.g., Q1 2024, Q2 2024, etc.).
   • When creating tickets (issues) within the project, set the ticket's value (e.g., using a custom field) to represent the budget for that project.
   • Later you can include this Custom field into your cost reports. 

3. Utilize the Issue Cost Widget:

   • The add-on provides an Issue Cost Widget that displays the cost associated with each Jira issue.
   • When a ticket is created, its value (budget) will be reflected in the Issue Cost Widget.

4. Generate Cost Reports:

   • Use the add-on's Cost Reports feature to generate reports at the epic level (i.e., for each quarter).
   • The reports will aggregate the costs of all tickets within each epic, giving you a financial overview of the quarter.

[Shane Gallen]

Can you share your automation logic?