MYOB Acumatica Cloud ERP for Project Accounting

Full suite of financial and budgeting features and reporting including general ledger, support for multi-currency and multi-company, fixed asset management and managing and understanding your cash position with cash flow forecasting and reporting.

Features within Financial Management include:

•    General Ledger
•    Accounts Receivable
•    Accounts Payable
•    Cash Management
•    Currency Management
•    Bank Feeds.

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Manage budgeting, inventory, change orders, timesheets, billing, profitability, and reporting for individual business initiatives. Projects are included in company-wide financial reports with full multi-currency support.

Features within Project Accounting include:

•    Project cost tracking
•    Advanced billing
•    Time management
•    Advanced expense management.

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Automatically track project costs and budgets in a system that seamlessly integrates with your financials. You can populate certain projects with employees, resources, and equipment, and you can even associate documents with specific projects for comprehensive management.

Complete cost view Real-time updates allow you to see current expenditures, and committed purchases and track employee time, sub-contractors, materials and inventory. You can even compare existing project costs with original budgets to continuously monitor execution.

Scalable projects
Track projects regardless of size, currency, or language; with convenient data entry and information access.

Billable Revenue Tracking
Predict and track future revenue throughout a project’s progression, accommodating complex pricing models along the way.

Available anywhere
Access and submit timesheets and work orders online from any device at any time.

Manage complex advanced billing scenarios and multiple variables at once -including fixed price, cost plus, milestone billing, contract-specific pricing, and time & materials. You can then choose to modify rates by employee, account group, type of customer, project task and more.

Flexible Advanced Billing
Easily handle complex billing rules with a flexible system built to manage your business needs. You can even use project-specific attributes to calculate project revenue.

Revenue Recognition
Choose how best to recognise your revenue – based on percentage of project completion, or task completion.

Fixed-Price and Cost-Plus Projects
Experience flexibility in your invoicing, with options between fixed price or cost-plus dependent on the project and contract requirements. You can also cap billing on cost-based projects.

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Ensure accurate client billing every time with simplified time and expense entry processes. Use the MYOB Acumatica mobile app to manage entries and approvals anywhere, at any time – giving you more accuracy and control over your project time management and tracking.

Expense Claim Processing
Submit expense claims with attached receipts and supporting documents – all via your mobile app. Send claims through a predefined approval process and see all your transactions reflected in your software.

Easy Mobile Entry
Allow employees and contractors to record time and expenses via the mobile app and choose to route reports to a manager’s device for approvals. Employees and contractors can even attach photo receipts of their expenses.

Customer, Contract, and Project Time Tracking
Specialists for specific implementation roles under the direction of the lead consultant, involved for all or part of the project.

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Integrated Customer Relation Management (CRM) system for managing leads, contacts, opportunities, and customer accounts.

Features within Customer Management include:

•    Sales automation
•    Integrated marketing
•    Service and support automation
•    Customer self-service portal.

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Support for multiple unions, locals, classes, benefits packages, and complex wages, as well as certified wages and executive compensation.

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