Accounting and Financial Software
Accounting Software offers project and job costing module.
Share:
Press Release Summary:
Project and Job Costing Module, part of Advantage Series accounting software, provides small and mid-size businesses with tools to manage estimates, track progress, and control costing and billing. It helps SMBs determine which jobs are profitable and better manage resources across all projects. Module includes ability to deploy over Web and freedom to run on either Linux or Microsoft Windows operating systems and on variety of databases.
Original Press Release:
ACCPAC Expands Advantage Series Accounting With New Project and Job Costing Module
Provides SMBs Project and Job Estimating, Tracking, Costing and Billing with Complete Accounting System Integration
PLEASANTON, Calif., July 8, 2003 - ACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA), announced today the availability of the new Project and Job Costing module for its award-winning ACCPAC Advantage Series accounting system. This latest module provides small and mid-size businesses (SMBs) with the tools to manage estimates, track progress and control costing and billing from the simplest to the most complex. ACCPAC Advantage Series Project and Job Costing helps SMBs improve quote speed and accuracy, determine which jobs are profitable and better manage their resources across all projects. This new module is designed for project managers in construction, engineering, architecture, legal, and any other professional or service industries. As a module of ACCPAC Advantage Series, Project and Job Costing inherits the many benefits of Advantage Series' advanced architecture including the ability to deploy over the Web and the 'freedom of choice' to run on either Linux or Microsoft Windows operating systems and on a variety of industry leading databases.
Project and Job Costing fully integrates with all four editions of ACCPAC Advantage Series accounting software (Discovery, Small Business, Corporate and Enterprise). Its integration with ACCPAC Advantage Series Payroll improves timecard management for better overall cost management and collection/billing. Because the software is Web-deployable, employees can enter timecard information and managers can access vital project information with anytime, anywhere access, whether from a central office, remote office, home or job site.
Project and Job Costing offers a host of key customer features and benefits, including:
Powerful Estimating Capabilities
In addition to providing business owners the ability to assign staff, material, subcontractors, equipment, miscellaneous items and overhead to each project, Project and Job Costing allows them to set up complex estimates by specifying the quantity, unit cost and billing rate for each of these elements. This eliminates guesswork and time-consuming paperwork, and enables company owners and project managers to pursue only those projects that make the most business sense.
Complete Contract Management
With Project and Job Costing, SMBs have broad flexibility to track contracts in the way that best suits each contract. Three levels of detail are supported-contract, project, and category-and multiple contracts, projects, and categories can be tracked. Among other flexible tracking and costing features are:
o The ability to change naming conventions for detail levels to reflect terminology standard to a particular industry;
o A selection of project types: time and material, cost plus and fixed price;
o Completion tracking: total cost percentage complete, category cost percentage complete, labor cost percentage complete, billings and costs, project percentage complete, completed contract, completed project or accrual;
o Cost types: labor, material, equipment, miscellaneous, overhead and subcontractor;
o Status tracking: estimate, approved, open, on hold, complete and closed.
Flexible Billing Management
Project and Job Costing automatically creates customer invoices based on outstanding transactions that are due to be billed. This allows users to review the generated billings for the customer and make any necessary changes before updating the ACCPAC Advantage Series Accounts Receivable module. Business owners can transfer inventory items to a contract and bill a customer for inventory used, and return unused items back to inventory for availability on other projects. As equipment is used within a project, businesses can record the billing rate of the equipment to easily bill the customer for usage.
In-Depth Inquiry Capabilities
ACCPAC Advantage Series Project and Job Costing provides SMBs with the ability to review the current state of each of their projects through centralized inquiry capabilities. Items such as project status, profitability and estimate-to-actual comparisons can be reviewed, and business owners can 'drill down' to the originating transactions without having to comb through piles of paperwork or conduct difficult, time-consuming electronic data searches.
Timecard Processing
The Timecard User option enables a business owner to easily have his or her employees manage their own time billing records from any location (job site, office, home or elsewhere) by entering timecards using an Internet browser. The owner or designated payroll administrator can then approve employee timecards and expenses before updating ACCPAC Advantage Series Payroll. With this feature, users can update revenue and cost estimates at any time, with a full audit trail of the changes, plus choose when to recognize revenue based on GAAP requirements and the company's business needs.
Pricing and Availability
ACCPAC Advantage Series Project and Job Costing is currently available from ACCPAC Solution Providers worldwide starting at an SRP of $2,000 (USD). To locate an ACCPAC Solution Provider, call 800-945-8007, or visit www.accpac.com
About ACCPACACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA), provides small and mid-size businesses a broad range of end-to-end business management applications designed to enhance customers' competitive advantage. Product lines include ACCPAC Advantage Series(tm), ACCPAC Pro Series(tm), ACCPAC HR Series(tm), ACCPAC Business Analysis Suite(tm), ACCPAC eTransact®, ACCPAC Exchange, ACCPAC CRM(tm), ACCPAC CRM SalesTeam(tm), ACCPAC Warehouse Management System(tm), ACCPAC ePOS, Simply Accounting®, FAXserve(tm) and ACCPAC Messenger(tm).
Based in Pleasanton, Calif., USA, with offices in Australia, Canada, India, Ireland, the Middle East, the Netherlands, South Africa, Southeast Asia and the United Kingdom, ACCPAC has more than 500,000 customers and more than 6,500 channel partners in more than 130 countries worldwide. For more information about ACCPAC and our products, call 1-800-945-8007 in North America, or visit ACCPAC at www.accpac.com and www.accpaconline.com
Copyright © 2003 ACCPAC International, Inc. All rights reserved.
ACCPAC, the ACCPAC logo and the ACCPAC product names set forth above are registered trademarks or trademarks of ACCPAC International, Inc. in the United States and other countries. All other marks are trademarks or registered trademarks of their respective companies.
