Acumatica Project Accounting
Leverage your company’s greatest asset to deliver better service to improve customer satisfaction with project-focused cloud ERP.
Project based businesses face unique challenges.
From outsourcing to increased competition, higher expectations to expected diversification, everything about today’s project-based businesses needs to move faster—including your data.
If you’re looking to grow your business or even stave off your competition in the coming decade, you need to have complete control over the way your projects move, your data flows, and your people are leveraged.
Acumatica Project Accounting makes this a reality, helping your business take control over budgeting, inventory, change orders, time sheets, billing, profitability, reporting, and so much more. Built in the cloud and customized for your needs, Acumatica helps companies manage budgeting, inventory, change orders, time sheets, billing, profitability, and reporting for individual business initiatives
Whether you provide services to customers across the street or on the other side of the world, the cloud offers the mobility and accuracy you need to empower your people.
Gain a complete view of project-related costs for materials, labor, services, and inventory items. Acumatica lets your project-based business not only maintain control, but easily handle changes to the project scope.
With easy to use workflows, you can manage the entirety of your project, including the revenue budget, cost budget, commitments, and class. Define your workflows and approval processes, facilitate the time and expense management process, and track project profitability with ease.
Take control of your projects—whether they in the budgeting phase or the actual phase. Compare actual project costs with original and revised budgets and forecasts by period using real-time reports. Include all project costs: inventory items, non-stock items, labor, services, and more.
Simplify project sales and pricing by supporting complex quote processes, improving project control and management. Create quotes, update them, link them to CRM and track versions. When approved, create projects and provide billing details.
Is there one midsize business ERP system that’s right for your product-centric company? You won’t know until you’ve carefully compared the pros and cons of every leading cloud ERP solution.
That’s exactly what Gartner recently did. And they’re sharing their findings with you in a new report.
Project-based businesses need project-ready financial management. Built to work with the entire Acumatica Suite, Acumatica Project Accounting delivers for the project-based business, offering advanced capabilities including GL consolidation, sub-accounts, and automatic revenue recognition.
Maintain control over your projects at all phases. Get the total view of all costs related to a project including materials, labor, services, and inventory items. Acumatica provides flexible cost tracking solution, allowing you to easily allocate hared costs and overhead expenses to projects based on formulas.
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.
Don’t force your people to keep a shoebox of receipts. Employees, partners, and contractors can enter timesheets from anywhere using any device with a browser. Add convenience and improve accuracy with Acumatica’s Project Accounting Software.