---
title: "About Budget/EFC (PAS)"
slug: "about-budgetefc-pas"
updated: 2026-07-07T18:30:36Z
published: 2026-07-07T18:30:36Z
canonical: "help.wrapbook.com/about-budgetefc-pas"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://help.wrapbook.com/llms.txt
> Use this file to discover all available pages before exploring further.

# About Budget/EFC (PAS)

> [!WARNING]
> This help article is related to the Production Accounting Suite (PAS)
> 
> In Wrapbook, production accountants and administrators can manage budgets using either the [Production Accounting Suite](/v1/docs/about-production-accounting) or [Cost tracking](https://help.wrapbook.com/docs/about-cost-tracking). To understand the differences, [click here](https://help.wrapbook.com/v1/docs/en/about-production-accounting#whats-the-difference-between-production-accounting-and-cost-tracking).

## Overview

The Budget and Estimated Final Cost (EFC) features in the Production Accounting Suite (PAS) allow you to track, manage, and analyze your production's financial data in real-time.

When you use PAS, each project budget will contain a comprehensive list of anticipated costs including:

- Worker wages and fringes
- Rental costs
- Location fees
- All other expected production expenses

The EFC will automatically based on actual costs incurred during production, helping you track variances from the original budget.

## Access a project’s Budget/EFC

> [!NOTE]
> The Production Accounting Suite (PAS) is permission based
> 
> To access PAS features in Wrapbook, your account must have one of the following [roles](/v1/docs/roles-permissions) enabled:
> 
> - Role: *Company Admin, Accountant*
> - Custom role with: *Accounting & Cost Tracking / Budgets (Production Accounting) - Full access*

To access a project’s Budget/EFC:

1. Make sure [*Production Accounting*](/v1/docs/about-production-accounting) has been enabled for your company’s account
2. In the left-side navigation, click the dropdown menu
3. In the dropdown menu, select the project that you want to see the *Budget/EFC* for
4. In the project dashboard’s *Budget & EFC* overview, click **View budget**

## Budget/EFC options

With PAS, you can manage project budgets/EFC in the following ways:

- [Use the Budget/EFC dashboard](/v1/docs/budget-efc-dashboard-pas)
- [Create a project budget](/v1/docs/create-a-project-budget-pas)
- [Duplicate a project budget](/v1/docs/duplicate-a-project-budget-pas)
- [Import a project budget from Movie Magic](/v1/docs/import-a-project-budget-from-movie-magic-pas)
- [Update project budget settings](/v1/docs/update-project-budget-settings-pas)
- [Generate a Budget/EFC report](/v1/docs/cost-reports-pas)

Estimated Final Cost: A number that updates bad on acutal costs incurred against the budget