Product

Project Accounting Software

Gain complete visibility into your project costs, revenues, and budgets with a cloud-based solution that connects financials, operations, time, expenses, and field service for streamlined project management.

Streamline project accounting with real-time tracking, billing, and reporting

Connect project financials with company-wide data to manage budgets, costs, billing, and profitability from one system. Track labor, materials, services, time, and expenses in real time, support complex billing rules, and give remote teams an easy way to submit project activity from anywhere.

Designed for flexibility

Built to fit your business. Industry-specific editions designed to align with your operations and scale alongside your growth.

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Product highlights

Manage costs, billing, time, expenses, budgets, and profitability with connected project and financial data.

Project cost tracking
Advanced billing
Time and expense management
AI insights and reporting
Project cost tracking

Gain control over project profitability

Track labor, materials, and services against original and revised project budgets. Real-time reporting helps teams compare actual costs with estimates, identify budget variances, and understand project profitability throughout the project lifecycle.

Screenshot of project cost tracking
Advanced billing

Manage complex billing scenarios with ease

Manage fixed-price, cost-plus, and time-and-materials billing with flexible rules for different customers, employees, and project types. Automate revenue recognition based on percentage of completion, completed tasks, or other defined project milestones.

Screenshot of advanced billing
Time and expense management

Capture Project Time and Expenses Accurately

Enable employees to submit timesheets and project-related expenses through a secure portal or mobile app. Allocate billable, nonbillable, overhead, and shared costs to the appropriate projects so finance and project teams have a more complete view of project performance.

Screenshot of time and expense management
AI insights and reporting

Forecast project budgets and spot trends

Create and update project budget forecasts and compare them with actual costs and revenue by financial period. Integrated AI and reporting tools can help teams identify patterns in project performance, improve future estimates, and make more informed decisions about profitability.

Screenshot of AI insights and reporting

Build your perfect demo

Choose the videos that matter most to your project-driven business:

Acumatica Overview
Project Accounting
Reporting, Dashboards, and BI
Time and Expense
Mid-States Success Story
Groupe SGM Success Story
Screenshot of the Acumatica Project Accounting Management

Why Acumatica for project accounting?

A scalable solution that grows with your project-centric company.

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Project accounting knowledge center

Your ultimate toolkit for project-centric operations.

Integrations
Resources
ROI calculator
Streamline operations with Acumatica’s open APIs and prebuilt connectors

Marketplace solutions for project accounting

Extend Acumatica Project Accounting with open APIs and prebuilt connectors for specialized project, billing, reporting, and industry workflows.

Acumatica marketplace

Acumatica Telesis Customer Photo

Resources for project accounting

Explore guides, tools, and resources for managing project costs, billing, budgets, and financial performance.

Resource center

ERP ROI Calculator

ERP ROI calculator

Calculate the impact of ERP on your project accounting success.

ROI calculator

FAQ

What is Project Accounting Software?

Project accounting software helps businesses track the financial performance of individual projects. It can manage project budgets, costs, billing, revenue, time, expenses, and profitability while connecting project activity with broader financial reporting.

How does Acumatica track project costs and profitability?

Acumatica lets teams track labor, materials, services, overhead, and other costs against project budgets. Real-time reporting helps users compare actual costs with estimates, monitor revenue and billing, and identify variances that could affect project profitability.

Can Acumatica handle different project billing methods?

Yes. Acumatica supports fixed-price, cost-plus, and time-and-materials billing, with flexible rules for different customers, employees, and project types. Revenue recognition can also be based on percentage of completion, completed tasks, or other defined project milestones.

Can employees submit project time and expenses remotely?

Yes. Employees can submit timesheets and project-related expenses through a secure portal or mobile app. Those costs can then be allocated to the appropriate projects for billing, reporting, and profitability analysis.

Can Acumatica adapt to different project accounting requirements?

Yes. Acumatica can support different project structures, billing rules, workflows, reporting needs, and industry requirements. Role-based permissions also help organizations control access to project, customer, employee, and financial information as teams and processes evolve.

How is Acumatica Project Accounting licensed?

Acumatica uses a consumption-based licensing model rather than traditional per-user pricing. This can make it easier to give project managers, finance teams, employees, and other users access to the project information and workflows they need without licensing each user individually.

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Building the future of business, together.

Manage project costs, billing, budgets, and profitability with connected project accounting tools from Acumatica.