diff --git a/worklenz-frontend/src/features/projects/finance/project-finance.slice.ts b/worklenz-frontend/src/features/projects/finance/project-finance.slice.ts
index 564379df..c76b5550 100644
--- a/worklenz-frontend/src/features/projects/finance/project-finance.slice.ts
+++ b/worklenz-frontend/src/features/projects/finance/project-finance.slice.ts
@@ -23,9 +23,9 @@ const secondsToHours = (seconds: number) => seconds / 3600;
 const calculateTaskCosts = (task: IProjectFinanceTask) => {
   const hours = secondsToHours(task.estimated_seconds || 0);
   const timeLoggedHours = secondsToHours(task.total_time_logged_seconds || 0);
-  const fixedCost = task.fixed_cost || 0;
   
-  const totalBudget = (task.estimated_cost || 0) + fixedCost;
+  const totalBudget = task.estimated_cost || 0;
+  // task.total_actual already includes actual_cost_from_logs + fixed_cost from backend
   const totalActual = task.total_actual || 0;
   const variance = totalActual - totalBudget;
 
@@ -114,8 +114,8 @@ const recalculateTaskHierarchy = (tasks: IProjectFinanceTask[]): IProjectFinance
         total_actual: totalActual,
         estimated_seconds: subtaskTotals.estimated_seconds,
         total_time_logged_seconds: subtaskTotals.total_time_logged_seconds,
-        total_budget: totalEstimatedCost + totalFixedCost,
-        variance: totalActual - (totalEstimatedCost + totalFixedCost)
+        total_budget: totalEstimatedCost,
+        variance: totalActual - totalEstimatedCost
       };
       
       return updatedTask;
diff --git a/worklenz-frontend/src/pages/projects/projectView/finance/finance-tab/finance-table/finance-table-wrapper.tsx b/worklenz-frontend/src/pages/projects/projectView/finance/finance-tab/finance-table/finance-table-wrapper.tsx
index 0fc13c13..251e6ff5 100644
--- a/worklenz-frontend/src/pages/projects/projectView/finance/finance-tab/finance-table/finance-table-wrapper.tsx
+++ b/worklenz-frontend/src/pages/projects/projectView/finance/finance-tab/finance-table/finance-table-wrapper.tsx
@@ -67,29 +67,31 @@ const FinanceTableWrapper: React.FC<FinanceTableWrapperProps> = ({ activeTablesL
     // Recursive function to calculate totals from task hierarchy without double counting
     const calculateTaskTotalsRecursively = (tasks: IProjectFinanceTask[]): any => {
       return tasks.reduce((acc, task) => {
-        // For parent tasks with subtasks, only count the aggregated values (no double counting)
-        // For leaf tasks, count their individual values
+        // For parent tasks with subtasks, aggregate values from subtasks only
+        // For leaf tasks, use their individual values
         if (task.sub_tasks && task.sub_tasks.length > 0) {
-          // Parent task - use its aggregated values which already include subtask totals
+          // Parent task - only use aggregated values from subtasks (no parent's own values)
+          const subtaskTotals = calculateTaskTotalsRecursively(task.sub_tasks);
           return {
-            hours: acc.hours + (task.estimated_seconds || 0),
-            cost: acc.cost + (task.actual_cost_from_logs || 0),
-            fixedCost: acc.fixedCost + (task.fixed_cost || 0),
-            totalBudget: acc.totalBudget + (task.total_budget || 0),
-            totalActual: acc.totalActual + (task.total_actual || 0),
-            variance: acc.variance + (task.variance || 0),
-            total_time_logged: acc.total_time_logged + (task.total_time_logged_seconds || 0),
-            estimated_cost: acc.estimated_cost + (task.estimated_cost || 0)
+            hours: acc.hours + subtaskTotals.hours,
+            cost: acc.cost + subtaskTotals.cost,
+            fixedCost: acc.fixedCost + subtaskTotals.fixedCost,
+            totalBudget: acc.totalBudget + subtaskTotals.totalBudget,
+            totalActual: acc.totalActual + subtaskTotals.totalActual,
+            variance: acc.variance + subtaskTotals.variance,
+            total_time_logged: acc.total_time_logged + subtaskTotals.total_time_logged,
+            estimated_cost: acc.estimated_cost + subtaskTotals.estimated_cost
           };
         } else {
-          // Leaf task - use its individual values
+          // Leaf task - calculate values from individual task properties
+          const leafTotalActual = (task.actual_cost_from_logs || 0) + (task.fixed_cost || 0);
           return {
             hours: acc.hours + (task.estimated_seconds || 0),
             cost: acc.cost + (task.actual_cost_from_logs || 0),
             fixedCost: acc.fixedCost + (task.fixed_cost || 0),
-            totalBudget: acc.totalBudget + (task.total_budget || 0),
-            totalActual: acc.totalActual + (task.total_actual || 0),
-            variance: acc.variance + (task.variance || 0),
+            totalBudget: acc.totalBudget + (task.estimated_cost || 0),
+            totalActual: acc.totalActual + leafTotalActual,
+            variance: acc.variance + (leafTotalActual - (task.estimated_cost || 0)),
             total_time_logged: acc.total_time_logged + (task.total_time_logged_seconds || 0),
             estimated_cost: acc.estimated_cost + (task.estimated_cost || 0)
           };
diff --git a/worklenz-frontend/src/pages/projects/projectView/finance/finance-tab/finance-table/finance-table.tsx b/worklenz-frontend/src/pages/projects/projectView/finance/finance-tab/finance-table/finance-table.tsx
index 46ecd9b1..23a064f2 100644
--- a/worklenz-frontend/src/pages/projects/projectView/finance/finance-tab/finance-table/finance-table.tsx
+++ b/worklenz-frontend/src/pages/projects/projectView/finance/finance-tab/finance-table/finance-table.tsx
@@ -539,8 +539,7 @@ const FinanceTable = ({
 
       for (const task of taskList) {
         if (task.sub_tasks && task.sub_tasks.length > 0) {
-          // Parent task with loaded subtasks - only count the subtasks recursively
-          // This completely avoids the parent's aggregated values to prevent double counting
+          // Parent task with loaded subtasks - only use subtasks values (no parent's own values)
           const subtaskTotals = calculateTaskTotalsRecursive(task.sub_tasks);
           totals.hours += subtaskTotals.hours;
           totals.total_time_logged += subtaskTotals.total_time_logged;
@@ -552,14 +551,15 @@ const FinanceTable = ({
           totals.variance += subtaskTotals.variance;
         } else {
           // Leaf task or parent task without loaded subtasks - use its values directly
+          const leafTotalActual = (task.actual_cost_from_logs || 0) + (task.fixed_cost || 0);
           totals.hours += task.estimated_seconds || 0;
           totals.total_time_logged += task.total_time_logged_seconds || 0;
           totals.estimated_cost += task.estimated_cost || 0;
           totals.actual_cost_from_logs += task.actual_cost_from_logs || 0;
           totals.fixed_cost += task.fixed_cost || 0;
-          totals.total_budget += task.total_budget || 0;
-          totals.total_actual += task.total_actual || 0;
-          totals.variance += task.variance || 0;
+          totals.total_budget += task.estimated_cost || 0;
+          totals.total_actual += leafTotalActual;
+          totals.variance += leafTotalActual - (task.estimated_cost || 0);
         }
       }