Construction Module & Project Accounting

Manager project forecast

Create a project quote

Create a project

Create a project contract

Create and submit an original project budget

Create and submit an original project budget

Project Module Integration

Project Module Integration

Project management and accounting can be integrated with the following modules and Microsoft programs:

1. Accounts payable2. Accounts receivable3. General ledger4. Budgeting5. Cost accounting6. Fixed assets7. Cash and bank management8. Travel and expense9. Compliance and internal controls10. Human resources11. Set up procurement and sales category defaults 12. Product information management

13. Master planning14. Production control15. Inventory and warehouse management16. Sales and marketing17. Service management

Project Module Key Features

Project timesheets The timesheet comment functionality and the start/end dates are much more user-friendly in AX 2012. Most importantly, users will be able to create and manage favourites in Enterprise Portal allowing them to create timesheets in much quicker fashion, improving both user experience and productivity.

Advanced funding AX 2012 allows project funding to be shared amongst any number of internal or external parties, aligning your ERP configuration even closer with your actual processes. Users will be able to set up funding limits for one or more customers per category, category group or transaction type.

Management of projects in Enterprise Portal Workers can enter daily working hours in a much improved manner and project managers can approve it directly in EP, which significantly speeds up the process and increases worker

productivity.

Project budgeting Microsoft has taken budgeting to a new level with major enhancements in this area in the AX 2012 version. Project budgeting will be available at the activity level. Project budget revisions can be created at various levels of the project and can be submitted for review and approval, which once approved would trigger an immediate change to the overall project budget. A complete history or audit trial of the proposed, original, accepted (approved), and rejected budget is available for review at any point of time. Original budget can be created to define a budget at various levels in the project hierarchy and it can be submitted for approval. It can also be allocated over a period of time. The project financial inquiry and the project financial status reports now presents details of the project budget also. If you are working on a multi-year project, you can carry forward project budget at the end of the year

Project Module Key Features

Progress billing, estimates and revenue recognition the introduction of these features addresses the critical issue of ERP migration. When migrating from one ERP system to another, data migration is a serious issue. Bringing in the existing data into the new system is where all the hurdles arise. For example, ensuring that revenue continues to be recognized for the fixed price projects that are already underway. Since revenue recognition depends on the completion % of the project, the data must be migrated so that both % of work completed (actual cost) and the remaining work (cost to complete) are reflected in proper accounts.

Cost accounting : In the Cost accounting module, you can perform the following project-related tasks: Specify that a category is available in the Project

management and accounting module when you set up a cost category in the Cost categories form.

Integrate cost categories with projects if you create budget model with a Flexible budgeting model type in the Budget model form.

Select a service category that has been set up for projects on the Service categories tab in the Cost category setup form.

Project Module Integration

SharePoint Integration

SharePoint Integration

SharePoint Integration