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Project Accounting

NGRERP's project accounting software solution provides flexible project management tools while maintaining a detailed account of a project’s costs and associated revenue. NGRERP automates project costing, scheduling, and billing for both product and service items. NGRERP's project accounting functionality facilitates the tracking of all items within a given job by leveraging the system’s ability to comply with a given contract’s terms while tracking project profitability. NGRERP project accounting allows users to track all aspects associated with complex and multi-phase projects across a wide range of industries.

Project Accounting Highlights

  • Supports definition of job templates
  • Supports breakdown of projects by phases, steps, and tasks
  • Supports tracking of purchased items and expenses, material, labor, and burden costs, and non-manufacturing-related employee time and expenses
  • Allows sales orders and purchase orders to be associated with a project
  • Tracks customer invoices and vendor payments made to a given project
  • Tracks project budget versus actual