Accounting Software

Sage 200 Project Accounting:

Project Accounting module is a highly configurable and flexible costing application. It is ideally suited to businesses that run projects or services and can be adjusted to suit the needs of each industry type, whether that be companies requiring a simple or detailed costing and analysis structures. Project Accounting provides you with in-depth analysis and reporting features, ensuring that projects remain on track and profit levels are maintained.

Web Time & Expenses (WTE) allows Sage 200 Project Accounting users to enter and track their timesheet and expense claims remotely using a web browser. The system can be configured in a number of ways, for example supporting users who enter their timesheets and expenses online through an internet connection or through a company intranet. One of the additional benefits of WTE is that the user does not require Sage 200 to be installed on their PC to allow the entry of timesheets and expenses.

Project Accounting Systems

The e1 difference:

e1 Project PRIMA is our own developed module to allow graphical project and resource planning to enable the detailed project set-up to be used in both planning and running the project as well as the accounting functions. This means that operations managers and project leaders are working from the same data as accounts to get firm-wide cross department collaboration – eliminating double processing, saving resources and maximising profits by eliminating ‘forgotten’ billings.

Key features and benefits of Project Accounting:

Forecast profitability
Figures you can rely on for future company growth and spending ability

Increased visibility of your resource availability
Reduce time consumed in resource management, manage and utilise your resources better so that you can fully utilise available time, avoid clashes and recognise periods of under and over utilisation well in advance so you can plan ahead

Input time and expenses electronically
Cut out the hassles of paper submission, cut down on user errors, improve productivity and maximise ROI. Seamlessly flow of timesheet data to the relevant project plan

Quickly identify items for invoicing and invoice more frequently
Improve cash flow and never forget a billing again

Tight integration with accounting package
Record billings and payments without the need to re-key data

Identify trends where certain types of work are more profitable than others
Focus attention on profitable work and so make more money for the business

Instantly check project spending, budget deviations, profitability and Budget vs Actual comparisons
Manage the client’s expectations for the likely project cost. Protect your companies’ expenditure and maximise your profit margin

Integration with SOP and POP
Ensures transactions are entered once and are immediately posted to the project or job

Add qualification notes to time entries which accompany invoice backing sheets
Helps qualify invoices for clients at a later date and provides extra detail for the finance dept

Planning, invoicing, and time recording from a single system
Eliminates need to re-key data & so frees up time for other activities / chargeable work

Flag up when a project is approaching the agreed budget
Keeps the project manager up to speed with project spending. Prevents overspend before this has been agreed with the client

For more information on Sage Project Accounting, please contact e1 on (01962) 718270 or email info@e1business.com