Use it to create, review, and issue invoices, as well as to compare project performance to budgets and other metrics.
The Project Accounting module manages revenue recognition, expenses, unbilled balances, and other project-related financials – replacing the spreadsheet octopus you may be using to run your business now.
You can use Project Accounting as a standalone product, or integrated with Projector’s other modules: Resource Scheduling, Project Management, and Advanced Analytics. All the modules share a common data set, providing you with a single integrated, real-time source for the answers to questions about where you’re at and where you’re heading.
Manage Your Top Line, Your Bottom Line, and Everything in Between
The Project Accounting module gives you the power to:
- Capture and bill for every hour worked and every dollar spent
- Identify projects headed for trouble before it’s too late
- Invoice more frequently and get paid for your work faster
- Improve your ability to estimate new projects accurately
- Track profitability on fixed price projects as easily as on time and materials projects
- Track client, project, and employee profitability
The Basics and Beyond
Projector easily covers the basics of time and expense tracking, and offers many more advanced features for budgeting, tracking, and invoicing.
The Project Accounting module strikes the right balance between simplicity and sophistication. It’s straightforward enough for the simpler needs of a smaller organization – yet powerful enough to handle the complexities of multi-national, multi-currency, multi-company accounting with ease.
Easy Time Tracking
Employees enter their time in an easy-to-use, configurable interface on the Web or via a mobile device such as an iPhone or a tablet.
Sophisticated Expense Reporting
Projector’s intuitive expense reporting offers full multi-currency reporting, VAT management, credit card upload, and the ability to attach images of receipts.
Flexible Time, Expense & Revenue Management
With Projector, you can customize time and expense approval workflows, automate email requests for missing timesheets, and trigger notifications for pending review and approval.
Automated Budgeting and Tracking
Know each project’s percent completion and budget burn rate at all times. You can even set up automated email and online alerts that warn you when projects are at risk.
Projector enables project managers to collaborate on invoicing, while keeping the control to approve or reject suggested changes with your finance department.
Customizable invoice templates give you the option to show just the bottom line or to include details about hours, activities, and discounts.
Seamless Accounting Integration
Projector works in concert with your accounting system, and can function as the project accounting subledger. Your accounting system provides the overall profitability, and Projector maintains the details of performance at a client, project, activity, and resource level.
By managing all this project-level detail, Projector can ease the burden on your general ledger, even extending the life of a simpler accounting system like QuickBooks.
Projector integrates with financial packages such as Oracle, Microsoft Dynamics GP, NetSuite, and Intacct as well as smaller accounting systems like QuickBooks and Sage 50. Organizations that have grown by acquisition can map to multiple charts of accounts.
Microsoft Dynamics GP, Intacct, QuickBooks Desktop and QuickBooks Online integrations use pre-built connectors that require on-screen configuration. Other integrations use Projector’s web services, and can be built by our development team or yours.