Why Choose Acumatica for Project Accounting Management
Project Accounting Software features are integrated with General Ledger, Accounts Payable, Accounts Receivable, Sales Orders, Purchase Orders, Inventory Management, and the Time and Expense mobile application.
Benefits of Project Accounting Management for your Business
Track Project Costs - Gain a complete view of project-related costs for materials, labor, services, and inventory items.
Flexible, Accurate Billing - Vary billing rates by employee / customer, type of work, or specific project. Recognize revenue based on completion percentage or task progress.
Project Accounting Management Applications
Budget Reporting - Compare actual project costs with original and revised budgets using real-time reports. Include all project costs: inventory items, non-stock items, labor, services, and more.
Project Cost Tracking - Get the total view of all costs related to a project including materials, labor, services, and inventory items. Allocate shared costs and overhead expenses to projects based on formulas. Ideal for project-centric businesses including construction, engineering, marketing, consultants, legal, etc.
Advanced Billing - Manage all billing scenarios: cost plus, fixed price, time and materials, milestone billing, and contract-specific pricing. Modify resource billing rates by project, project tasks, inventory item, employee, and account group. Bill labor and materials according to the customer, the type of work being performed, or the specific project contract.
