About Project Accounting

Project Accounting helps you maintain accurate details about your projects.

Project Accounting integrates with the Sage 200 Financials modules The Financials modules in Sage 200 are Sales Ledger, Purchase Ledger, Nominal Ledger and Cash Book. and Commercials modules The Commercials modules in Sage 200 are Stock Control, Sales Order Processing and Purchase Order Processing., allowing you to allocate cost and revenue transactions to your projects.

Using Project Accounting, you can:

• Model simple or complex project structures, and analyse the costs and revenues of your projects in detail.
• Track your project costs and revenues against budget values.
• Record and process timesheets and expense claims for employees working on your projects, and set their cost and charge rates.
• Generate bills for your project customers.
• Run detailed enquiries on all aspects of your projects.

Terminology and references

Project Accounting is configurable, and so your system may be set up differently to the way described in this help.

For example, if your system has been customised:

• Some tasks may be unavailable, or you may not have permission to run a task.
• Menu items may have different names or be organised in a different structure.
• The terminology used in menus and windows may be different, and customised to suit your business. For example a project may be called a job or a contract.

See Set up terminology for projects.