Microsoft Dynamics™ GP Project Accounting Features

Provides access to key project information and templates that help employees manage project and budget tasks quickly.
Ensure projects are completed on time and within budget.
Create contracts, budgets and projects with as much or as little detail as you need.
Track change orders by budget line item or by the original budget.
Track status, profitability, labor, equipment, materials and employee expenses.
Use enhanced reporting capabilities to extract information you need.
Enter and maintaining Intrastat information when working with European Union (EU) vendors and customers.
Automatically update project costs when products are returned to vendors.
Tie landed costs such as freight and duties to project items to more accurately bill and asses profitability for projects.
Automate invoicing processes to meet project-specific needs by tailoring billing options and customizing invoice formats.
More information below.

Microsoft Dynamics™ Project Accounting Details

Project Management Support	Set up and track profitability, utilization, and realization of projects with customized revenue recognition, account integration, and the project or budget configuration that best fits your needs.
Web Access	Provide access to critical project information via the Web with the Business Portal.
Efficient Billing Processes	Automate invoicing process and ensure accuracy with flexible billing options. Includes billing by cycle or by percentage complete on a project. Create comprehensive billing histories for customers.
Flexible Invoicing	Choose from 60 billing reports to create customized invoice formats. Includes retainer, service, project fees such as taxes and commission, as well as third-party or multiple-customer billing.
Multicurrency Billing	Establish billing rates and fees in multiple currencies to facilitate international business transactions.
Integrated Financial Management	Fully integrated with receivables, payables and other accounting functions.
Expense Tracking	Know how much projects costs in relation to their revenue by tracking billing expenses whose direct costs are recorded elsewhere, such as equipment usage or copying services.
Easy Setup	Install Project Accounting as part of you Microsoft Dynamics™ GP solution with checklists that help ensure the functionality you need is available.
Reports	View, sort and filter customizable reports and worksheets to see billing to date, revenue per project, change orders, or other project-related information. Use the Report List with flexible options to create the extract the data you need.
Intrastat Support	Easily maintain information for Intrastat Trade Reports required for items bought from or sold to European Union (EU) vendors or customers.
Flexible General Ledger Interface	Gain control over revenue tracking and customize account distributions, sub-accounts and cost categories.
Flexible Transaction Adjustments	Bulk transfer costs from one project or cost category to another. Adjust fields such as billing rates, cost rates, or billing type with a full audit trail.