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Project Accounting Software
A complete ERP system that helps businesses manage operations with clarity and control.
Project Accounting Software
A complete ERP system that helps businesses manage operations with clarity and control.
Why businesses choose Project Accounting Software module ?
Project-wise Profit
& Loss
Margin and cost drivers visible at any time.
Budgeting & Variance
Analysis
Original, revisions, forecast, and cost-to-complete.
Cost Centers & Profit
Centers
Map every project line to the right financial dimension.
Statements & Cash
Receivables, payables, banking and retention, per project.
Real-time Visibility
Live dashboards for health, utilization, and compliance.
Project Accounting End-to-end flow
Complete project lifecycle in one system
Project set-up
Master, WBS, cost codes, dimensions
Budgets & commitments
Original + revisions, POs/subcontracts
Cost capture
Material, labor/timesheets, expenses, overheads
Billing & revenue
Fixed price, T&M, milestones, retention
Receivables/Payables
/Banking
Per project
Variance & forecast
BvA, EAC/ETC, earned value
Period close & compliance
Project TB, WIP, audit
Project Accounting Software Core Capabilities
- Project Master: code, client, start/end dates, currency, tax region, manager
- WBS & Cost Codes: tasks, activities, and cost buckets for granular tracking
- Dimensions: Cost Center and Profit Center mapping; multi-company, multi-currency
- Budgets: baseline + revisions; contingency; version history; approval workflow
- Commitments: POs, subcontracts, and change orders lock future spend
- Variance views: Budget vs Actual vs Forecast, reasons, and corrective actions
- AR/AP by project: aging, dispute notes, promised dates, vendor terms
- Banking: receipts and payments tagged to project; automatic reconciliation rules
- Cash view: outstanding receivables/payables for each project—timely cash flow
- Contract types: fixed price, time-and-materials, milestone/progress billing
- Retention/Holdbacks: rates, release rules, and reporting
- Revenue recognition: percent-complete, milestone, or completed-contract
- Documents: invoices, credit notes, customer statements—project-wise
- Materials/Services: itemized receipts to project/WBS; landed costs optional
- Labor & Timesheets: hours, rates, overtime; project & task tagging
- Expenses: travel, petty cash, vendor invoices; automatic cost center allocation
- Allocations: overhead and shared services by rules (percent, rate, driver)
- Project P&L & Cash: margin, burn rate, cost-to-complete, and cash position
- Projectwise Trial Balance: ledger snapshot for audits and internal reviews
- Compliance: attachments, approvals, audit trail; ready for external and internal audits
- Integrated Accounting Reports: project ledgers seamlessly roll up to company financials
Accountability & Controls
Roles & limits
Assign approvers (budget, PO, invoice, change order) per project
Document controls
Mandatory fields, checklists, and due-date alerts
Transparency
User actions captured in a project timeline
Integrations & Data Capture
Roles & limits
Assign approvers (budget, PO, invoice, change order) per project
Document controls
Mandatory fields, checklists, and due-date alerts
Transparency
User actions captured in a project timeline
Banking
Import statements; tag receipts/payments to projects
Documents
Attach SOWs, contracts, variations, and certifications to the project
Reports & analytics
KPIs to track
How is this different from regular accounting?
Regular accounting looks at the company as a whole; project accounting isolates every transaction to a specific project, enabling true profitability and compliance reporting per project.
Can we run financial statements by project?
Yes—Project P&L, Projectwise Trial Balance, WIP, and cash views are available, and they roll up into organization-wide financials.
Do you support multiple currencies and taxes?
Yes—project currency, rate dates, and local tax packs are supported; postings convert properly to company books.
How are receivables/payables handled?
Every invoice and bill is tagged to a project, so you can see aging and cash at the project level.
What about retention and revenue recognition?
Retention/holdbacks are tracked per invoice/contract; revenue recognition supports percent-complete, milestone, or completed-contract methods.
See it with your numbers — Book a guided demo
We’ll map budgets, cost codes, billing rules, and reports to your projects.
Email: sales@eresourceerp.com · Website: www.eresourceerp.com