Global's iSeries™ Project Accounting is designed to monitor progress and track costs related to any type of project, or any number of projects, including capital projects, engineering projects, research and development projects, revenue generating projects, marketing projects, consumer projects and more.
Project Accounting is completely user-defined. Tailor the system structure to match the unique requirements of any project. Analyze projects by hours expended, revenues generated, multiple currencies and more. Roll up project costs and data for up-to-the minute information at any level of a project. This includes budget revisions and change orders at any summary or detail level. Current, future, and prior year's budget information is also available.
Project Accounting is designed to easily receive information from purchasing, accounts payable, inventory, payroll, etc. Allocation of capital expenditures to fixed assets is also extremely flexible with an automatic interface to Global's Fixed Assets to facilitate the capitalization of assets as required.
Benefits include:
- Scalability — define project tracking and reportingrequirements by utilizing up to 12 user-defined levels of project posting structure
- Roll up project costs and data for up-to-the minute information at any level of a project
- Allocation of asset information any number of ways — one line item equals one asset, a group of items equals an asset, or a group of items equals a group of assets
- Threshold warning — establish unlimited warning messages associated with critical events within the life of a project that will alert project managers
- Graphical User Interface (GUI) available
- Tracks all budgeted, actual and committed dollars related to capital and expense expenditures at each of 12 "project" levels
- Data transfer module available
- Security-by-user profile