ACCPAC adds Project and Job Costing module

Responding to demand from mid-market companies world-wide, ACCPAC has announced a new Project and Job Costing module for its ACCPAC Advantage Series accounting system.

"This latest module provides companies with the tools to manage estimates, track progress and control costing and billing for the simplest to the most complex projects," says Jeremy Waterman, managing director of ACCPAC Africa.

ACCPAC Advantage Series Project and Job Costing improves the speed and accuracy of producing quotations. "Companies are now able to determine the profitability of jobs and projects more quickly and more accurately. The new model also enables more efficient management of resources across all projects," he adds.

"For instance, the module greatly improves timecard management for better overall cost management and collection/billing," says Waterman. "Because the software is Web-deployable, employees can enter timecard information and managers can access vital project information with anytime, anywhere access."

Another attractive feature to the new module is its ability to create customer invoices based on outstanding transactions that are due to be billed. This function allows users to review the generated billings for the customer and make any necessary changes before updating the Advantage Series Accounts Receivable module.

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"Business owners can transfer inventory items to a contract, bill the customer for inventory used and return unused items to inventory for availability on other projects," says Waterman.

As a module of ACCPAC Advantage Series, Project and Job Costing inherits the benefits of Advantage Series' architecture including the ability to deploy over the Web and the choice to run on either Linux or Microsoft Windows operating systems and on a variety of databases.