Project Accounting | Project Management
Project Costing
Every cost that touches the project, on the project.
What it does
Inside Project Costing.
Project cost is complete on the day, so margin is not a month-end revelation.
01
Labour cost from timesheets at the applicable cost rate
02
Vendor invoice, purchase order and expense cost attribution
03
Overhead and indirect allocation with visible basis
04
Cost by phase, task, resource and cost type
Where it sits
Part of Project Accounting.
Work in Progress Unbilled value aged, owned and reviewed. Project Billing Invoices built from the contract and the work done. Revenue Recognition Recognition calculated, evidenced and re-performable. Cost Capitalisation Capital projects separated from expense, with the rule applied. Project Profitability Margin by project, client, service line and lead.
Run Project Costing against your books.
A working session on your structure and a month of your documents.