Project Accounting Software
Acumatica Project Management by MIBAR
When you run a project-based business, you need to know who’s doing what job, how much each job costs, and discover new ways to improve service, margins, and timeliness. With so many moving parts in the professional services and project-based organization, it often feels like it’s impossible to take control. If this sounds like your business, it might not be you, it might not even be your processes—it might be your (lacking) technology.
Acumatica Project Accounting
Acumatica has created enterprise resource planning software for the project-based business, helping leaders to simplify and manage budgeting, inventory, time sheets, billing, profitability, and reporting for individual business initiatives. Robust, flexible, and able to be integrated with many other business processes, Acumatica Project Accounting makes your job as a financial leader easier.
Better yet, Acumatica 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 to save time and money.
Key Features and Benefits
Designed to work with your unique business, Acumatica Project Accounting Software gives you a complete view into project costs, lets you choose billing rates and workflows based on your business needs to keep track of every single project.
Project Cost Tracking
No matter the complexity, the number of people, or the project type, Acumatica can ease project cost tracking. Monitor and manage project costs, revenues, and budget for projects. Define projects and tasks, then populate projects with employees, resources, and equipment.
Project Cost Tracking is part of any good project accounting solution, and Acumatica’s is on the leading edge. Expand your ERP by integrating with other leading modules and software options to get a complete view of your business. The project cost tracking module seamless integrates with the Acumatica Financial Management module including General Ledger, Accounts Payable, Accounts Receivable, Inventory, Purchase Orders, Sales Orders, and Time and Expenses modules to automatically track project costs and budget.
Every project is unique: Different timings, different rates, different costs, and more. With such a diverse mix of billing and cost scenarios, trying to handle this manually results in overbilling, underbilling, or dissatisfied customers. With advanced billing functionality from Acumatica, you can take control and modify resource billing rates by project, project tasks, inventory item, employee, and account group.
Designed to meet the needs of your unique business and projects, Advanced Billing is flexible and ready to handle the revenue recognition requirements about to change the way projects work.
Time and Expense Tracking
Few things are more challenging for project managers than time and expense management. However, at a project-based business, this is probably the most important part of the billing. Ensure proper payments to staff and accurate billing to clients with Acumatica time and expense tracking software. Simplify the time and expense entry process with mobile entry and approvals from any device with a browser or the native mobile app – anytime, anywhere.
Acumatica Time and Expense software helps you automate time tracking and management and engage a robust approval process for accuracy and control. Time and Expense Management integrates tightly with Projects, Accounts Payable, and with Accounts Receivable for proper billing. Bill labor and materials according to customer, type of work being performed, or specific contract.
Got Projects? Get Acumatica Project Accounting
Take control of your project-based business and get a complete view of your projects with Acumatica Project Accounting. Robust and flexible, this software is ready to meet the needs of your business. If you are ready to rein in your project management with modern ERP in 2018, we invite you to learn more about Acumatica. Sold only through an exclusive network of implementation partners like MIBAR, this software is ready to improve your business.