Acumatica Cloud ERP Project Accounting Suite
Project Accounting Software Suite
The Project Accounting Software Suite manages budgeting, inventory, time sheets, billing, profitability, and reporting for individual business initiatives. You create projects that are included in company-wide financial reports.
Project Accounting Software features are integrated with the general ledger, accounts payable, accounts receivable, sales orders, purchase orders, inventory management, and the employee portal.
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Highlighted Project Management and Project Accounting Features
- Expense Management
Track project expenses related to materials, labor, services, and inventory to gain a complete view of project related costs. Allocate shared costs and overhead expenses to projects based on formulas that you establish.
- Advanced Billing
Manage all billing scenarios including cost plus, fixed price, time & materials, milestone billing, and contract specific pricing. Modify resource billing rates by project, project tasks, inventory item, employee, and account group. This provides the flexibility to bill labor and materials according to the customer, the type of work being performed, or the specific project contract.
- New! In 4.2
The ability to configure multiple, distinct rate tables based on specific projects or project tasks delivers additional billing flexibility.
- Budget Tracking
Project accounting budgets can include inventory items, non-stock items, labor, services, and more. Real-time reports compare actual project costs with original and revised budgets.
- Time and Expense Tracking
Acumatica’s Project Accounting Software improves the accuracy of employee timesheet and expense tracking by making the process more convenient. Employees, partners, and contractors can enter timesheets from anywhere using any device with a browser. This allows them to enter information from the office, a client site, or while travelling. The same convenience applies to expense reports.
- Streamlined and Unified Employee Time Entry
Now features Timecards, Timesheet and Simple Time Cards combined on a single screen. Setup is quick and easy and users can enter data multiple ways from a single screen, making it faster to enter time for employees and equipment.
- Resource Management
Assign project managers, employees, machines, and other resources to individual projects and tasks. Establish billing rules and options for each task.
Acumatica Cloud ERP Suite
Financial Management Suite
A powerful set of financial applications used by almost every organization, no matter how complex or simple requirements are. Bring rigor to business processes in a user-friendly way.
Distribution Management Suite
Works together with the Financial Management Suite as a full distribution solution. Starting from the requisition process to purchasing, order management, inventory tracking, automated inventory replenishment suggestions, and more.
Customer Management Suite
Fully integrated with the Financial Management and Distribution Management Suites, the Customer Management Suite fosters a team approach. Dashboards and reports provide real-time sales data to accurately manage forecasts, quotas, and results.
Project Accounting Suite
With the Project Accounting Suite, deliver on project objectives on time and on budget. Manage complex reporting requirements. Include projects in company-wide financial reports.