Powerful accounting tools, seamless integration
Acumatica’s Project Accounting Software is fully integrated with Acumatica ERP, ensuring everyone is viewing the most up-to-date information available. Direct integrations with:
Product
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.
- Track Project Costs
- Flexible, Accurate Billing
- Budget Reporting
- Control Change Orders
- Manage Project Quotes
- Company-Specific Financial Periods
- Multi-Currency Project Accounting
- Revenue Recognition
Total Visibility Into Costs
Total Control of Billing
Flexible Accounting
Total Visibility Into Costs
Track Project Costs
Gain a complete view of project-related costs for materials, labor, services, and inventory items.
Budget Reporting
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.
Manage Project Quotes
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.
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Total Control of Billing
Flexible, Accurate Billing
Vary billing rates by employee / customer, type of work, or specific project. Recognize revenue based on completion percentage or task progress.
Control Change Orders
Improve project management by controlling changes to the project scope, including customer and internal requests. Create a change order with all the documentation attached. Define your workflows and approval processes, and release change orders with full business intelligence visibility and audit trail control.
Company-Specific Financial Periods
Companies within the same tenant can have different fiscal year-end dates, important for companies that share vendors, stock items, and employees. The company-specific periods are defined at the branch level.
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Flexible Accounting
Revenue Recognition
Define billing rules to recognize revenue using the percentage of completion or the completed tasks method. All recognition rules are automatically reflected in the GL journal entries. Deferred revenue and recurring revenue models are supported out of the box.
Multi-Currency Project Accounting
Enter project transactions in different currencies and maintain projects in both the base currency and the project currency.
Project Profitability Made Simple
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Project Accounting Management Applications
Featured Integrations
Extend Acumatica’s functionality with pre-built, fully-integrated software solutions, all available in the Acumatica Marketplace:
PAYA Credit Card Processing Integration
Certified by Acumatica, Paya is a preferred payments and business solutions provider, offering…
CriterionHCM
Criterion is a global provider of Simply Powerful Human Capital Management software. For…
ProEst Construction Estimating
In today’s competitive business atmosphere, preparing construction estimates by hand won’t help your…
Avalara Sales Tax Automation
For most businesses, sales tax is an obligatory, complex nightmare. Automating this process…
Biz-Tech ShipStation Integration
Biz-Tech Services’ ShipStation Integration for Acumatica will help you keep your shipping and…
SPS Commerce – Full Service, Fully Embedded EDI Solution for Acumatica
SPS Commerce Fulfillment for Acumatica provides a fully integrated, full-service EDI solution embedded…
Cloud solutions built to industry specifications
See how Acumatica Industry Editions address the unique needs and processes of rapid-growth sectors:
Construction
Construction
Successful residential and commercial contractors face a variety of industry and competitive challenges. The combination of project control and construction…
Manufacturing
Manufacturing
ERP and CRM working together to support all major business areas in most manufacturing modes. Flexible manufacturing planning and shop…
Service Industries
Service Industries
Whether you specialize in long-term, complex projects or short turnaround jobs, you succeed by acquiring and maintaining clients while ensuring…
Other Industries
Other Industries
Companies in all industries have realized the value of ERP+CRM working together for companywide automation and information. Cloud ERP maximizes…
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Get a free consultation with a Project Accounting specialist, and see what it’s like to have project data flow seamlessly across your organization.
Most Popular Project Accounting Resources
Application eBook
General Playbook