Project Accounting is defined in many different ways and requirements vary widely across organizations but the goal in all project related businesses remains the same – complete projects on time and under budget.

To achieve this you need a system that connects project activities with company financials, provides extensive reporting capabilities, helps ensure accurate accounting and billing processes throughout project life-cycles and streamlines time and expense management.

As we have moved towards a service based economy, there has been an increased demand for more complex project accounting functionality. This area can become even more complex when Project Management is added into the solution. Project Management differs from Project Accounting or Project Costing and is geared to support the operational management of a project, not directly accounting for dollars. It involves the use of timelines, task lists, and Gantt Charts.

There are numerous project related software applications available that integrate with Microsoft Dynamics™ GP. Contact us to find out more.