Do you struggle to track project profitability? Is the prospect or the practice of complying with federal or state government contracts a heavy burden? Complex project management and/or strict government compliance shouldn’t bar you from effectively accounting for projects and making a profit. To effectively account for costs and revenues on projects and/or contracts, it’s critical [...]
continue reading...Posts Tagged ‘Project Accounting’
3 Ways ERP Business Accounting Software Helps You Overcome Obstacles, Prevent Panic, and Engender a Calm Response to Change
Why would anyone wait until their system crashes before addressing pressing problems? Why would a company ignore multiple databases busting at the seams or poor customer service due to inefficient processes? Well, perhaps it’s just natural to deny business pain as long as possible. With good ERP business accounting software—and for project-based organizations that includes [...]
continue reading...Project Management Software is Critical to Turning a Profit
What if you knew your projects and jobs will turn a profit? I know, without a crystal ball, you think that’s a pipe dream. Well, consider this: Most project-driven companies struggle with project performance and profitability because they have management and organization-wide blind spots. One solution is to take advantage of project management software that [...]
continue reading...What’s new in Dynamics SL 8.0
With the greatly anticipated release of the newest version Microsoft Dynamics SL just around the corner, I thought this would be a good time to look at some of the new functionality in this coming version. The main goal of this latest version is to address critical needs in the market right now, specifically: Makes [...]
continue reading...5 Foolproof Ways To Better Control Your Costs With ERP Software
As customers become more price conscious, making accurate and precise estimates respecting time and cost budgets and using resources effectively have become a part of the challenges that your business must face every day. You can no longer afford the luxury of approximating costs or tracking projects by simply using Excel spreadsheets. While budget estimates [...]
continue reading...How to use Job Cost Accounting Software to Determine Which Projects Are Really Profitable
If you’re so busy worrying about how many bids for contracts you win and not stopping to think about the actual cost going into that labor, then you’re probably spending much more money than necessary. In most cases, obviously the most profitable job will be the bigger one, but sometimes there are some smaller maintenance [...]
continue reading...A Perfect Fit—Alternatives with Job Cost, Project Accounting, and Service Management Functionality
One of the strengths of Microsoft Dynamics GP is its abundance of alternative modules and third-party products that can fit exactly the type of costing and billing unique to your company. Computeration personnel have in-depth experience assessing the nuances and needs for this type of functionality. At its basic level, companies may need spur-of-the-moment project [...]
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