Project Accounting Services

Cloud-based Project Accounting

Every business needs an accurate financial accounting system. However, project accounting goes beyond this by tracking details such as revenue, expenses, billable time and milestones across a project’s lifecycle.

Ideal for businesses that work on a project-by-project basis, such as architectural firms, engineering companies, creative agencies and technology consultants, tracking details at the project level allows you to better understand and manage your project costs, measure project profitability, help identify workflow issues and optimize utilization rates.

Job cost accounting is ideal for businesses that work on a project-by-project basis, such as architectural firms, engineering companies, creative agencies and technology consultants. By tracking all of your expenses, revenue, billable time and milestones across a project’s life cycle, project accounting allows you identify workflow issues, improve profit margins and optimize utilization rates. It also ensures your financial data is accurate.

Our virtual project accounting services include:

• Tracking revenue and expense by project
• Invoicing for projects, including client progress billings
• Project cost allocations
• Tracking financial progress of projects, including budget versus actual and percentage of completion
• Preparing project related financial reports for management