What is a strict budget?
Always use a "strict budget" for budgets that have been firmly agreed upon.
You use a strict budget when only the exact budget amount is invoiced to your customer. So, if you have agreed on 10.000€ with the customer, you can only invoice this exact amount of 10.000€ upon completion of the project.
Upon completion of the project, the revenue from all time entries for the project in Clockodo is calculated to take budget consumption into account.