Project Accounting in Microsoft Dynamics AX is a complete and easy-to-use module that helps you efficiently manage project accounting across your company with full financial overview and controls and full real-time integration into SCM and financial modules.
 

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Microsoft Dynamics AX (Axapta) Project Accounting

Streamline project management and give your people the tools they need to complete projects on time and on budget. Microsoft Dynamics AX Project Accounting simplifies project management by providing project controls, a full financial overview, and real-time integration with supply chain and financial management processes.

With access to RoleTailored information and tasks relevant to project management, your people can easily prioritize tasks and take appropriate action to quickly resolve issues and drive projects forward. Powerful business intelligence tools provide realtime insight into each stage of your project—from scoping and budgeting to execution and delivery.

Benefits of Microsoft Dynamics AX Project Accounting:

  • Control project costs and reporting. Quickly analyze the financial performance of internal and external projects. Compare resources consumed and revenue earned for each project budget in real time.

  • Monitor profitability with revenue recognition. Use revenue recognition and work in progress (WIP) to manage profitability during a project, including the ability to free revenue from an invoice based on when the work was completed, and realize accruals during a general ledger period, such as time and materials.

  • Manage costs and planning using project hierarchies. Evaluate and understand projects by breaking down project data into smaller components for costs and resources. Use the scheduling and management capabilities of Microsoft® Office Project to improve resource management for projects of all sizes.

  • Set up and manage project quotations effectively. Set up project quotations by identifying tasks and specifying load capacity. Schedule tasks for work center groups, administer budgets, and monitor status to anticipate and avoid potential delays.

Centralized project data makes information available across your organization so that costs are always up to date and invoices can be generated quickly. Bi-directional integration with Microsoft Office Project Server extends project and resource management by helping you get the project, activity, and task data you need to drive analysis and reporting, facilitate management, collaborate effectively with project teams, accelerate time to market, and improve results.

Microsoft Dynamics AX Project Accounting features:

  • Project Hierarchies
  • Project Control
  • Expense Management
  • Streamlined Billing
  • Standard and Ad-Hoc Reporting
  • Revenue Recognition and WIP
  • Project Supply Chain
  • Multiple Project Types

Learn more about our Microsoft Dynamics AX 2012 Consulting, our Microsoft Dynamics AX Cloud ERP solution, or our Microsoft Dynamics AX Development Services.

Other Resources

Microsoft Dynamics AX Project Accounting

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