Projects and Contracts
Objective
To facilitate accurate profit reporting for long term projects
that require the analysis of costs and revenues at each section or level within
the contract or project.
The Value of SYSPRO Projects and Contracts
- Highlights profitable areas within a
job
- Identifies profitable jobs within a contract
- Compares real-time, actual, and committed costs assigned
to a job
- Shows real-time, realized, and projected profits
- Provides comprehensive reporting for jobs that extend over
a period of time
- Job query provides drill-down to transaction detail
- Query jobs in terms of sales, billings, COS and future expected
costs
- Maintains standard hierarchies
- Provides view at job or contract level
- Preview of reports to screen and e-mail capabilities
Matching SYSPRO to Your Business
- Assigns multiple jobs to a contract for
tracking purposes
- Estimates cost and revenue by levels or sections within a
contract
- Designates user-defined costing levels within a contract
- Assigns unlimited numbers of heads to a contract
- Assigns unlimited numbers of sections to a head
- Assigns unlimited numbers of sections to subsections
- Describes the costing hierarchy at the time of creating the
job or estimate
- Reduces processing time by recalling standard costing hierarchies
for similar items that are manufactured
- Attaches purchase order lines to the costing hierarchy
- Attaches all material issues and labor transactions to the
costing hierarchy
- Recognizes revenue through Sales Orders & Invoicing based
on the costing hierarchy
- Provides adjustment of billing values between heads
and sections
Audit Trails and Reporting
- Contract and job progress reports
- Job transaction detail report
- Estimate detail reports
- All audit trails available to Work in Progress reports integrate
with Projects and Contracts
- Graphical analysis of hierarchy costs per contract
and per job
Integration
- Integrates with the Work in Progress,
Quotations & Estimating, Sales Orders & Invoicing, Accounts Receivable,
Accounts Payable, Inventory Control, Purchase Orders and Cash Book modules
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