Project Accounting
Track actual against estimated costs through forecast completion to prevent cost overruns and increase bottom-line savings. Detailed estimating function allows estimation of multiple cost types and enables reporting and analysis at multiple levels. Data-driven contract rates handle numerous and complex project rates, making it easy to control rate changes and profitability.
Optimize project profitability through appropriate project type selection – whether it’s time and materials, fixed price, or both. Utilize six GAAP-compliant profit recognition methods to control profit recognized over each period, resulting in a well-managed revenue stream.
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