Algorithm Resources

Datasheet Project Accounting

Written by Algorithm, Inc. | Oct 1, 2023 7:14:00 PM

Project Accounting Manage budgeting, inventory, change orders, time sheets, billing, profitability, and reporting for individual business initiatives. Projects are included in company-wide financial reports with full multi-currency support.

  • Improve project estimates and quotes.
  • Track project costs and budget reporting.
  • Streamline billing and revenue recognition.
  • Control change orders.
 
Key Business Benefits
  • Gain a complete view of project costs, materials, labor, services, and inventory requirements. 
  • Vary billing rates by type of work, employee, customer, or project.
  • Recognize revenue for completion percentage or progress.
  • Enable workers to submit work orders and timesheets remotely.
  • Review actual revenues and costs, committed costs, and present customer costs.
Download Acumatica Project Accounting PDF