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Project Cost Management

Project accounting management software to help keep your business on track

Easily manage your projects in a single location to track all costs, revenues and budgets for your projects.

Flexible billing arrangements enables you to bill materials and labour based on the type of work performed, project requirements, or even who the customer is. Choose how best to recognise your revenue – based on percentage of project completion, or task completion.

MYOB Acumatica enables your employees, partners and contractors to log timesheets anytime, anywhere simplifying the time and expense entry process and reducing administration time.

Download the MYOB Acumatica Project accounting factsheet
Business Transformation Assessment

See how MYOB Acumatica project cost management can help your business succeed

Automatically track project costs and budget in a system that seamlessly integrates with your financials. You can populate certain projects with employees, resources, and equipment, and you can even associate documents with specific projects for comprehensive management.

  • Complete cost view

    Real-time updates allow you to see current expenditures and track employee time, sub-contractors, materials and inventory. You can even compare existing project costs with original budgets to continuously monitor execution.

  • Scalable projects

    Track projects regardless of size, currency, or language; with convenient data entry and information access.

  • Billable Revenue Tracking

    Predict and track future revenue throughout a project’s progression, accommodating for complex pricing models along the way.

  • Available anywhere

    Access and submit timesheets and work orders online from any device at any time.

Project accounting management software to help keep your business on track

PROJECT COST MANAGEMENT

Automatically track project costs and budget in a system that seamlessly integrates with your financials. You can populate certain projects with employees, resources, and equipment, and you can even associate documents with specific projects for comprehensive management.

RESOURCE MANAGEMENT

Establish billing rules and assign resources to projects and tasks, including project managers, employees and machines.

TASK DEFINITION

Generate expected revenue in project budgets by defining tasks to individual projects or globally, and assign billing rates by individual, job role, or project.

EASY TO UPDATE TASKS

Fully integrated modules allow you to easily add activities through CRM or whilst in project.

ALLOCATE EXPENSES

Create formulas that include billable and non-billable items and allow you to allocate shared and overhead expenses to individual projects.

TEMPLATES FOR PROJECTS AND TASKS

Use master templates to create new projects that specify the people, equipment, billing and budgets involved.

WIP SUPPORT

Keep projects on budget and don’t lose track of expenditures by tracking accumulated un-billed costs.

Project accounting software to help your business succeed

ADVANCED PROJECT BILLING

Manage complex advanced billing scenarios and multiple variables at once -including fixed price, cost plus, milestone billing, contract specific pricing, and time & materials. You can then choose to modify rates by employee, account group, type of customer, project task and more.

AUTOMATED BILLING

Reduce errors and improve cash flow with automatically generated invoices and defined project billing parameters.

MULTIPLE RATES

Get flexible billing for specific tasks or projects with multiple rates tables.

BILLING PERIODS

Suspend posting of timesheets and expenses until released, and bill projects or customers on custom, weekly, monthly or quarterly cycles.

BILLING MARK UP

Vary markups according to labour or service type, and apply at the customer level for maximum flexibility.

REVERSE UN-BILLED TRANSACTIONS

Use automatic reversal and invoice regeneration to correct improperly applied charges to the billing transaction.

Keep your project accounting on track with project time and expense management

TIME & EXPENSE MANAGEMENT

Ensure accurate client billing every time with simplified time and expense entry processes. Use the MYOB Acumatica mobile app to manage entry and approvals anywhere, at any time – giving you more accuracy and control over your project time management and tracking.

T&E REPORTING ANYWHERE

Report easily and conveniently at any time through browser or app, and improve the accuracy and timeliness of your expense reporting.

TIMESHEET ENTRY

Connect specific projects and budgets directly to your timesheets.

ACCURATE LABOUR ASSIGNMENT

Assign labour hours to specific projects and tasks that feed directly to your database to make labour accounting easy.

APPROVALS

Customise workflow to move items through a specified approval process. Approved items can generate corresponding project transactions or invoices and can even be posted to specific cases, customers, contracts or projects.

AUDIT TRAIL

Maintain a comprehensive audit trail with complete tracking of user adjustment to records.

Would project accounting help keep your business on track?

Why not get in touch to see if a project management solution is right for you.

Arrange a meeting

KNOWING THEIR NUMBERS BECOMES PLAIN SAILING AT DOYLE SAILS

Since 2013, Doyle Sails has worked with Acclaim to implement MYOB EXO into their New Zealand company. Helping their Group Financial Controller learn the ropes and gain confidence in the platform has led them to adopt EXO

MYOB provides greater efficiency to aid dramatic rise of unique brewery

In 2014, Tuatara Brewery was at a tipping point in its growth trajectory. Their management team grew to include marketing, sales, packaging, brewing and distribution specialists. A new Operations Manager, Hamish Allen joined and wanted to bring in changes to aid the organisations performance.
mobile dashboard

More visibility has resulted in increased confidence.

Signature Marketing supply Service Stations throughout New Zealand and Australia, with sunglasses, headwear and a range of quality mobile phone accessories. Getting a handle on stock control, and having an overview of their numbers was an important part of their choice to move to MYOB EXO.
Mobile reporting

Automatic Systems Revolutionised

HOED Research NZ has a unique business model with many moving parts. While they originally just wanted some help integrating the accounting side of MYOB EXO into their business, they were quickly sold on the benefits of automating their systems and processes. Two years down the track, they have been able to trim their team, and have greater clarity across their business.

Have a project in mind?

Why not get in touch? We’re always keen to catch up for a chat to see how our solutions can fit with your business.

Arrange a meeting

Acclaim Group

Industries We Service

MYOB Acumatica

MYOB Exo

Opmetrix

Contact Details

Unit 4, 6-8 Omega Street
Albany, Auckland

Phone: +64 9 415 0984
Email: sales@acclaimgroup.co.nz

Proudly Made in New Zealand since 1995

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