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Project Accounting Software

Maintain tight control over strategic direction, support resources effectively, and ensure that projects are completed on time and within budget. Atlantic Project Accounting Software capabilities connect 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.

Project accounting is the process of ensuring a project is delivered on time, to budget and within scope. Atlantic Project Accounting Software allows organisations to capture all project time, cost and expenditure in real-time, ensuring optimised project delivery.

Forcast future costs

Forecasting the future cost and revenue of projects provides essential benchmarking for developing bids, requesting budgets and tracking project progress. Forecasts can be created for any number of future projects. Using Atlantic's intelligent Resource Assignment tool, forecasts can be adjusted to account for capacity and skill issues. In addition, estimates can be generated without assigning real resources and virtual resources can be used to produce a role-specific forecast.

Create customer invoices and reimburse employees faster and more accurately by managing project details via a central Web-based location. With Atlantic's Project Accounting Software you can enable employees to enter their own project time and expense records online, review and approve timesheets and expense reports online and update payroll records.

Project Accounting Software

• Set up and track profitability, utilisation, and realisation of projects with customised revenue recognition, account integration, and the project or budget configuration that best fits your needs
• Create and track change orders at all levels of your budget or project, down to the individual line items, or by looking back to the original budget prior to changes
• Automate invoicing processes and ensure accuracy with flexible billing options, including billing by cycle or by percentage complete on a project, and by creating comprehensive billing histories for customers
• Create invoices as well as third-party or multiple-customer billing
• Deliver accurate, up-to-date information throughout your financial management solution, with direct integration of receivables, payables, inventory control, and other accounting functions
• Track billing expenses whose direct costs are recorded elsewhere, such as equipment usage or copying services, so you know how much projects cost in relation to their revenue
• View, sort, and filter customisable reports and worksheets to see billings to date, revenue per project, change orders, and other project-related information