{"version":"1.0","provider_name":"AIM Solutions Inc","provider_url":"https:\/\/www.aimsolutionsinc.com\/site","title":"Solutions: Project Accounting - AIM Solutions Inc","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"1Ncsbnwn7y\"><a href=\"https:\/\/www.aimsolutionsinc.com\/site\/solutions-project-accounting\/\">Solutions: Project Accounting<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.aimsolutionsinc.com\/site\/solutions-project-accounting\/embed\/#?secret=1Ncsbnwn7y\" width=\"600\" height=\"338\" title=\"&#8220;Solutions: Project Accounting&#8221; &#8212; AIM Solutions Inc\" data-secret=\"1Ncsbnwn7y\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.aimsolutionsinc.com\/site\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","thumbnail_url":"http:\/\/www.aimsolutionsinc.com\/site\/wp-content\/uploads\/2023\/08\/pa-card.jpg","thumbnail_width":800,"thumbnail_height":492,"description":"Solutions Project Accounting Powerful accounting tools, unified visibility Manage budgeting, inventory, change orders, time sheets, billing, profitability, and reporting for individual business initiatives. Projects are included in company-wide financial reports with full multi-currency support. Track Project Costs Flexible, Accurate Billing Budget Reporting Control Change Orders Manage Project Quotes Company-Specific Financial Periods Multi-Currency Project Accounting Revenue Recognition Schedule a Demo https:\/\/www.aimsolutionsinc.com\/site\/wp-content\/uploads\/2023\/03\/ERP-Overview.mp4 ERP Overview Specialized Accounting &#038; Finance Solutions Total Visibility Into Costs Total Control of Billing Flexible Accounting Total Visibility Into Costs Track Project Costs Gain a complete view of project-related costs for materials, labor, services, and inventory items. Budget Reporting Compare actual project costs with original and revised budgets and forecasts by period using real-time reports. Include all project costs: inventory items, non-stock items, labor, services, and more. Manage Project Quotes Simplify project sales and pricing by supporting complex quote processes, improving project control and management. Create quotes, update them, link them to CRM and track versions. When approved, create projects and provide billing details. Schedule a Demo Total Control of Billing Flexible, Accurate Billing Vary billing rates by employee \/ customer, type of work, or specific project. Recognize revenue based on completion percentage or task progress. Control Change Orders Improve project management by controlling changes to the project scope, including customer and internal requests. Create a change order with all the documentation attached. Define your workflows and approval processes, and release change orders with full business intelligence visibility and audit trail control. Company-Specific Financial Periods Companies within the same tenant can have different fiscal year-end dates, important for companies that share vendors, stock items, and employees. The company-specific periods are defined at the branch level. Schedule a Demo Flexible Accounting Revenue Recognition Define billing rules to recognize revenue using the percentage of completion or the completed tasks method. All recognition rules are automatically reflected in the GL journal entries. Deferred revenue and recurring revenue models are supported out of the box. Multi-Currency Project Accounting Enter project transactions in different currencies and maintain projects in both the base currency and the project currency. Schedule a Demo Project Accounting Management Applications Acumatica\u2019s Project Accounting application provides visibility across projects, finance, customer accounts, inventory, and related business processes. Project accounting data and workflows extend to the following applications. General Ledger Accounts Payable Accounts Receivable Sales Orders Purchase Orders Inventory Management Time Management Streamline Budgets, Inventory, Orders, Billing, Expenses, and Time Sheets Acumatica Project Accounting is ideal for professional services organizations, such as engineering and construction firms, marketing companies, consultants, and law firms. Project accounting is also beneficial for project-driven manufacturers who make products used in larger projects. Project Accounting software integrates with Acumatica General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Sales Order Management, Purchase Order Management, Inventory Management, and more. Key business benefits: Gain a complete view of project costs, materials, labor, services, and inventory requirements. Vary billing rates by type of work, employee, customer, or project. Recognize revenue for completion percentage or progress.\u00a0 Enable workers to submit work orders and timesheets remotely.\u00a0 Review actual revenues and costs, committed costs, and present customer costs. Expense Allocation \u2013 Allocate overhead and shared expenses to individual projects, including billable or nonbillable items.\u00a0 Revenue Recognition \u2013 Define billing rules to recognize revenue using the percentage of completion or the completed tasks method. All recognition rules are automatically reflected in the GL journal entries.\u00a0 Budget Tracking \u2013Include inventory items, nonstock items, labor, services, and more in project budgets. Compare actual project costs with original and revised budgets by period with real-time reports. WIP Support \u2013 Keep better track of costs by correctly accounting for work in progress and avoid impacting COGS prematurely. Resource Management \u2013 Assign project managers, employees, machines, and other resources to individual projects and tasks. Schedule a Demo"}