Project Accounting
Project Accounting
Acumatica Project Accounting gives project-based businesses control and visibility
Today’s project-based businesses face an increasingly competitive landscape driven by new entrants and increasing customer expectations. To succeed in this, your business needs a flexible, robust, and integrated solution to manage finances, projects, costs, and customer interactions all in one place. NexTec and Acumatica Project Accounting have the answer.
Benefits for
Project-Based Businesses
Take Control of Project Costs
- Integrate your project accounting solution with financial management, accounts payable, accounts receivable, time management and more
- Get a complete view of project-related costs for materials, labor, services, and inventory items
- Allocate shared costs and overhead quickly and easily.
Run Your Project-Based Business on Your Terms
- Keep your customers and team members happy, your billable hours high, and your decisions well-informed by integrating your project accounting solution with business intelligence and more.
Leverage Flexible Billing for Increase Profits and Satisfaction
- Manage all billing scenarios: cost plus, fixed price, time and materials, milestone billing, and contract-specific pricing with a flexible and accurate billing solution built into your ERP
- Vary billing rates by employee / customer, type of work, or specific project
Handle Changes Without Hassle
- Project scope can change quickly, and whether requests are made by the client or internally, your solution should be flexible enough to adapt
- Create change orders with documentation, including costs, revenue and more with a full audit trail
Deliver Accurate Quotes with Ease
- 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
- Create approved projects and provide billing details.
Manage Your Projects in Multiple Currencies
- Enter project transactions in different currencies and maintain projects in both the base currency and the project currency
- Leverage multi-currency project accounting to give your entire team more visibility into costs, revenues, and profits—no matter which currencies your suppliers, locations, or customers operate in.
Learn More About Acumatica
A leading innovator in Cloud ERP for mid-sized businesses, Acumatica has been taking the world by storm and winning awards for customer satisfaction and usability.