Small Town Software announced on Tuesday the release of Time and Budgets, a new application that integrates with Apple’s iCal application to supply time and budgeting functions for projects. The software also works with any calendar program that supports WebDAV (Web-based Distributed Authoring and Versioning), which means .Mac subscribers can use iCal with the online service to seamlessly input data and generate reports that convert time into dollars and cents that can be compared against a project’s budget. Available reports in Time and Budgets include time sheets with visual charts, details about time logged in specific phases and tasks, aggregate workgroup feedback and more. Another option can generate e-mail alerts when projects have reached certain financial goals.
Small Town Software offers two versions of Time and Budgets: one hosted on the company’s Web site that costs US$15 per user, with volume discounts, and a private intranet one that is $4,900. It supports 128-bit encryption for safe data transfer. System requirements call for Mac OS X v10.2.3 and iCal 1.1.
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