Project Accounting

Project performance and visibility

Change Order

  • Controlling changes to the project scope
  •  Customer and internal requests.

Budget Tracking

  • Control cost (Inventory items, Nonstock items, labor, services) 
  • Compare actual project costs with original 
  • Revised budgets by period with real-time reports.

Cost Allocation

  • Allocate overhead 
  • Shared expenses to individual projects
  • Billable or nonbailable items.

Revenue Recognition

  • Define billing rules to recognize revenue using the percentage of completion 
  • The completed tasks method.

Billing Rules

  • Handle the most complex billing rules 
  • Easily calculate project revenue based on key project-specific attributes.

Speak to us about your project accounting needs