Project Accounting

ENJOY VISIBILITY ACROSS PROJECTS, FINANCE, CUSTOMER ACCOUNTS, INVENTORY AND OTHER BUSINESS PROCESSES

Powered by Acumatica. Provided by 3Value.

Overview

Acumatica Cloud ERP Project Accounting, delivered by 3Value, helps manufacturers manage project costs, budgets, inventory, billing and profitability in one connected system. It integrates with core financials for real-time visibility and supports complex billing, revenue recognition and WIP tracking – ideal for manufacturers involved in project-based or custom production.

Features like material management, resource assignment and time tracking streamline operations, while automated billing, quote management and CRM integration improve accuracy and efficiency. With flexible billing cycles and detailed cost tracking, manufacturers can stay on budget and boost project profitability.

Project Accounting Features of Acumatica Cloud ERP Include:

ico-accounting

Project tasks and templates
Flexible billing
Change orders
Billing rules for fixed price and cost plus
Revenue recognition
Multiple rates
Billing periods

Reverse unbilled transactions
Forecast project budget by period
Simplify corrections
Project material management
Resource management
Manage project quotes
Allocate expenses

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TOTAL COST VISIBILITY

Get the total view of all costs related to a project including materials, labor, services and inventory items.

COMPLETE BILLING
CONTROL

Manage all billing scenarios including cost plus, fixed price, time and materials, milestone billing and contract-specific pricing.

FLEXIBLE
ACCOUNTING

Supports flexible revenue recognition and multi-currency transactions with automatic GL updates for accurate project financials.

RESOURCE MANAGEMENT

Assign project managers, employees, machines and other resources to individual projects and tasks.

Having Acumatica Manufacturing Edition and Scanco integrated allows us to manage all our inventory from a single location. We can easily look it up in the system and have confidence that it’s accurate.

Chad Threadwell

Vice President of Operations, FSC Lighting

We looked around for quite a while for what we wanted—an ERP that could integrate with a POS and our website and one that would only cost a couple hundred thousand. Everyone told us that it didn’t exist, that it would cost $5 million. ‘In your price range,’ they said, ‘there are no integrated systems.

Bram Kleppner

CEO, Danforth Pewter

Acumatica gives me very timely information to make better business decisions. I have better information in terms of profitability by location, by customer and by product. Access to that data helps me target growth. We didn’t have that kind of data before.

Glenn Pearson

Chief Financial Officer, R.A.S. Logistics