Project Costing

Provides real-time, in-depth visibility to all project finances and the information you need to improve performance with a tailored view of original budget amounts, current costs, open commitments, final cost projections, and percent-complete information for each project.

Get Started

Implement

  • Setting Up the Job Cost System
  • Job Cost Implementation Guide
  • Revenue Recognition
  • Training: ILT/LVC - Job Cost Accounting Rel 9.2

Use

Get Started

Implement

Use

Get Started

Implement

Use

  • Change Management Implementation Guide

Get Started

  • Getting Started with Advanced Job Forecasting
  • Overview: Advanced Job Forecasting
  • Data Sheet: Advanced Job Forecasting

Implement

Use

Get Started

Implement

Use

  • Revenue Recognition

Get Started

  • Project Status InquiryNEW!
  • Manage Your Projects Effectively with Project Status Inquiry

Implement

Use




Improving project performance with real-time visibility for maximized project profitability


Keeping Data in Sync

The project budgets are fully integrated with general ledger information real-time which means that data can never be out of sync.

Throwing Away the Crystal Ball

To help you take the guesswork out of developing final project values, methods of computation (MOC) formulas are built into Project Costing.

Satisfying Competing Needs

Simultaneously fulfill your reporting needs and those of the project owner, the job site, and your corporate office.

UX One for Project Costing

Project Managers can access the UX One role-based pages to easily access, review, and act upon important information to complete projects in a timely and cost-effective manner.

Streamlining the Billing Process


Efficiently Handling Any Billing Situation

Time and materials, lump sum, unit price, milestone, recurring, prepayments, draws-all are easily accommodated with the standard Contract and Service Billing functionality.

Improving Service with Invoices

Invoice your customers on their terms with flexible billing cycles, as well as custom invoice formats in the preferred currency and language.

Decreasing the Number of Billing Inquiries

Offer the level of detail desired by the client in terms that the client understands. Clear invoices mean timely payments, and timely payments improve your cash flow.

Saving Time and Improving Data Integrity

No need to juggle batch processing among disparate systems as integrated applications work in concert with each other, across departments and geographical divisions.

Monitor Changes to a Job or Project Through Multiple Revisions and Approval Stages


Revising and Approving Change Requests

Track changes to change requests as the requests move through the organization's approval process.

Reviewing Change Requests

Review requests, logs, ledger information, and other information about the change request as a job moves through the organization's approval process.

Creating Change Management Hierarchy

Attach related change requests to PCOs and attach related PCOs to COs to create a change management hierarchy.

UX One Roles for Project Costing

Project Managers can access the UX One role-based pages to easily access, review, and act upon important information to complete projects in a timely and cost-effective manner.

Optimize the Entire Accounts Payable Process for Efficient and Accurate Cash Management


Maintaining Controls and Auditability

Control and visibility into job forecasts helps project executives understand the current and projected status of their jobs.

Throwing Away the Crystal Ball

To help you take the guesswork out of developing final project values, methods of computation (MOC) formulas are built into Project Costing.

Forecasting the Way You Need It

Specify a detailed list of remaining work that can include information about the labor or materials required and the cost associated to complete a task.

Single View of the Truth

View a job’s point-in-time financial status, including budgets, actuals, open commitments, current forecasts, pending change requests, billing information, user- defined ledgers, and pending revisions to the forecast

Increasing Project Control and Performance


Managing Project Contracts

Manage funds at the overall project level, from simple funding requirements to more complex needs.

Streamlining Invoice Generation

Configure invoices to print in accordance with contract specifications without having to write custom invoicing batch programs.

Controlling Contract Charges

Ability to track all costs related to a contract and control which costs can be billed back to your customer.

Contract Auditability for Increased Compliance

Robust functionality to control contract terms and facilitate successful audits to track changes made to any contract detail.

Increasing Project Control and Performance


In-Depth Insight into Project Financial Information

Project Status Inquiry enables you to view in-depth information related to the financial status of your projects and their related jobs in real time. This enables you to make timely, informed decisions to keep your projects on track.

Choose What You Want to See

You can specify the job and billing data that you want to view for your projects and jobs. You can also specify what data is to be included when you view the job and billing details in a chart format.

Drill Down into Job-Level Data

You can drill down into job-level information for your projects and assess any risks so that you can take timely decisions to mitigate those risks.

View Now and View Later Options

You can use Project Status Inquiry to either view the project information in real time or save the data to view it later.