Sage 500 Project Accounting

Job Cost

Job Cost gives you the ability to track cost and revenue information down to the finest detail for every job/project. Powerful sub-modules, including Project Estimating, Billing, and Time and Materials Invoicing, are built in for streamlining the entire process. You’ll always know where your bid proposals and projects stand with up-to-the-minute status reports.

Maintain a custom database or choose from selected industry databases of standard material and labor costs as a basis for estimates. After a proposal is accepted, you can easily transfer estimate information to establish budgets for the new job. Once in progress, you can analyze actual-to-budget costs and make adjustments to maintain profitability throughout the job. Whether you invoice on a completed contract or a percentage of completion, Job Cost can handle all billing requirements.

Time Card

With this module, you can enter your employees’ time card data whenever you have the time – daily, weekly, etc. – without affecting the payroll data files. At the end of the pay period, TimeCard automatically transfers the entries into Payroll Data Entry. With TimeCard, you can even give an employee a raise in the middle of a pay period – TimeCard maintains the current pay rate for existing entries and then applies the new rate to all subsequent entries.

TimeSheet

TimeSheet is the ideal project and resource management solution for businesses that need to assign jobs and collect data electronically.

Easy to install, as well as use, TimeSheet tracks the time and expenses of internal or remote work groups. With TimeSheet, you can track by user-defined levels, including employee, department, client, project, and individual task. With a strong approval mechanism, you can configure an approval process to match your internal policies and procedures. Plus, TimeSheet is customizable to your organization’s project structure and workflow.

Project Accounting

The Project Accounting module is a reliable, integrated, and scalable series of business management solutions that allow you to control projects with exceptional flexibility.

With this module, project managers can track actual costs against estimated costs via forecast completion, which prevents cost overruns and generates bottom-line savings. The module’s detailed estimating functions allow you to estimate multiple cost types, so you and your users can report and analyze data at multiple levels. Project managers can also control rate changes, which affect profitability. Also, as project scope evolves, you can use Project Accounting to make changes to the estimated budget and increase forecast accuracy throughout a project’s lifecycle.