Home Blog Services Businesses: Free Webinar on Project Accounting

Services Businesses: Free Webinar on Project Accounting

Doug Johnson | November 7, 2016

People working at service businesses have a variety of things in common: managing time sheets, properly sourcing material, project profitability, and working through complex billing. Whether your role specializes in long-term, complex projects, or short turnaround jobs, you succeed by controlling the time, materials, and billing, which make up the actual costs of your projects. To assist, modern project reporting lets you compare actual project costs with original and revised budgets using visual dashboards. However, many businesses do not have the tools or platform setup to enable project accounting. Or, if they do, it’s not solving for a variety of their needs, and often creates more headache than help.

Services Businesses: Free Webinar on Project Accounting

I’d like to invite you to download this on-demand webinar to learn about Project Accounting for Service Businesses.

Acumatica Project Accounting 101

Because Acumatica is web-based and fully mobile, it’s ideal for project-centric businesses, including software programming, design and installation services, engineering, marketing, consultants, legal and other similar companies. The system includes:

  1. Project Cost Tracking – Get the complete 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.
  2. Advanced Billing – Manage all billing scenarios: cost plus, fixed price, time & materials, milestone billing, and contract-specific pricing. Recognize revenue based on completion percentage or task progress.
  3. Time & Attendance – Employees, partners, and contractors can enter timesheets from anywhere using any device with a browser to add convenience and improve accuracy.
  4. Project visibility – Improve decision making using the real-time view of all project-related costs (inventory items, non-stock items, labor, services, etc.). Plus, with Customer Management have visibility into all of customer activities including quotes, contracts, orders and service issues.

A plethora of success stories relating to Acumatica’s Project Accounting can be found here, including Aditi Staffing, Caystone Solutions, and Guardian SealTech.

What Should I Expect in the Webinar?

In this 30-minute on-demand webinar, you’ll learn how to control project costs with modern tracking and dashboards, save time with advanced billing, and gain better visibility into projects to make real-time decisions. 

I’m excited for you to learn about Acumatica’s Project Accounting in this webinar. I’ve been the Solution Consultant at Acumatica for over 8 years. I specialize in go-to-market plans for technical products, executing marketing plans, and relating to fellow cloud-computing geeks at heart.

Click here to download the on-demand webinar. To learn more about Acumatica’s Project Accounting, please check out the dedicated section on our website.

Please check out the dedicated section on our website to learn more about Acumatica’s Project Accounting.

Blog Author

VP, Product Management at Acumatica. Doug is in charge of showing people the specifics about what makes Acumatica’s Cloud ERP software awesome for our customers and partners. For other tips and technical training, stay tuned on Tuesdays.

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