Information about Project Accounting and Job Costing in Dynamics SL
Microsoft Dynamics SL can provide your project-driven organization with all the necessary tools you need to improve your project management, job costing, and financial reporting, in addition to so much more.
Using Microsoft Dynamics Solomon you can easily manage your project which means you can stay on time and on budget. More importantly, you will be able to gain greater control over your projects leading to improved profitability!
Microsoft Dynamics SL is a project-focused ERP solution specifically designed for project-driven organizations, so most of its project accounting and job costing functionality is already present in the Financial Management series of modules.
This is all the project management most businesses will need, but Microsoft Dynamics SL also offers specialized project management capabilities in its Advanced Management Edition.
The following project management modules come with the Advanced Management Edition of Microsoft Dynamics SL:
Create flexible, multi-tiered hierarchies to reflect the spectrum of labor rates and billing structures you need to have precise control over project finances. Automatically allocate charges and revenues, account for work in progress, transfer or consolidate transactions, and record accurate data for billing and posting to general ledger accounts.
Make even low-margin projects profitable by giving project managers accurate and easily digestible information they need to take control of project revenue and expenses.
Convert unbilled receivables more quickly to revenues. Streamline invoicing with automatic generation, formatting, and submission of drafts for approval.
Easy access to comprehensive project performance and profitability data that will improve business decision-making. Collect and summarize data for key metrics, presented in intuitive and practical formats.
In addition, the following modules are available a la carte for the Advanced Management Edition of Microsoft Dynamics SL:
Track your budgeting process over the life of a project, and view the impact of budget changes on profitability.
Time and Expense for Projects
Accurate, up-to-date information on your labor, project, and travel-related expenses.
Track personnel availability, billable time, revenues, and employee utilization.
Streamline time-consuming contract management tasks and subcontractor interactions. Tighetn control over change orders, document tracking, and subcontractor disbursements.
Automated alerts that keep you informed of pending deadlines, required approvals, changes in costs, and eroding margins.
Find Out More About Microsoft Dynamics SL
For more information about Microsoft Dynamics SL and how it can benefit your business, please call us at 1.855.MIG.CORP (855.644.2677) or click here to contact us