Project Management

PROJECT 2

Gain increased financial control of both short-term and long-term projects.

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Project I: Enter time, materials, and supplies consumption, and manage projects and financial follow-up for shorter-term time and material projects and internal projects
Project II: Advanced financial management for longer-term time and material projects, internal projects, and fixed-price projects
Manage long-term billing more effectively
Break down long-term contract totals into installments
Make sure revenue and costs are recognised within the appropriate accounting period
Create sub-projects in order to manage costs that are not part of the fixed price
Deduct advance payments from future invoices
Control projects more efficiently
Calculate completion percentage of work in process
Compare hours, costs, and items to total contract value
Measure specific costs associated with employees and projects
Control who registers hours worked or supplies consumed on projects
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