Project Accounting

A highly configurable costing and analysis module, designed for companies who want to analyse costs and profit by project.

The Sage 200 Project Accounting module can be adjusted to suit the needs of businesses requiring simple or detailed costing and analysis structures.

It provides you with in-depth analysis and reporting features to make sure your projects remain on target and profit levels are maintained.

Our Project Accounting module can be used by any business that provides a service, such as consulting, financial services, market research and software development or that needs to improve project profits and performance and wants visibility into the actual time and expenses of a project as it progresses.

Optimise your profitability

Sage 200 Project Accounting enables true performance measurement by allowing Project Managers to accurately monitor project budgets and quickly address any variances if necessary.

The rolled up budget functionality allows you to monitor budgets for individual project items and roll these up to give an overall budget value for the whole project or contract. This tracking of budgets and project profitability allows you to accurately assess the ROI of individual projects so you can maximize profits across all your projects.

Manage your projects, your way

Sage 200 Projecting Accounting is highly configurable adapting to the needs of your businesses whether you manage projects or operate in service based industries. It’s easy to adopt as it allows you to use the terminology that you and your employees understand.

It also gives you control over billing for your projects – it may be that you prefer to handle the billing manually or you may want automated billing based on the attainment of a percentage complete of the project, a certain date or set of dates, or as and when costs are incurred at set milestones.

Greater business efficiency

Close integration with Sage 200 Financials, Sage 200 Commercials, Sage 200 Web Time & Expenses (WTE) and Sage 50 Payroll ensures key financial data is shared across the organisation and accurate employee data is maintained. This removes the need to duplicate information, saving you valuable time and improving efficiencies.

Freedom of your workforceTEST

Whether your employees are office based or field based, they can accurately record timesheets and expenses to update your projects and salary records.

In addition, Sage 200 Project Accounting offers you a choice in how expenses are reimbursed; through wages in Sage Payroll, bank payments in Sage 200 Financials, or via a supplier payment if the employees are set up as suppliers in the Purchase Ledger.

Project Structures

New projects can be created quickly and simply by utilising existing projects and project templates, from a sales order or sales quotation.

Configurable hierarchy supports an unlimited number of analysis levels, while providing control over how sub-levels ‘behave’

Configurable options – for example, does the customer wish to budget by period? Is this an internal project with no customer involved?

Integration and posting

Sage 200 Financials and Commercials integration

Import and synchronise employees and pay elements into Sage 50 Payroll

Remote time and expense entry via Sage 200 Web Time & Expenses

Cost Control

Support for budgets and committed costs; includes rolled up, annual, period, quantity and revenue

Powerful enquires – includes list based, detailed or summary enquiries. Allows information to be sent directly to Microsoft® Excel for analysis

Extensive reporting pack

Billing

Utilises time and materials and fixed price billing methods

Bill a project as a whole or in as many part bills as required

Control revenues by utilising a billing schedule; for example, on key project milestones such as dates, values and percentage completes

Print and post bills directly through to the Sage 200 Financial ledgers