Compare Project Accounting Solutions for Microsoft Dynamics GP – Which is Right for You?

There are a variety of options for tracking project related costs in Microsoft Dynamics GP.  

Here are some of the common business scenarios that might require a project accounting solution:

• Tracking capital expenditure projects / construction projects
• R&D projects
• IT Projects
• Training expenses
• Marketing expenses / Events

Here are some of the project accounting solution options and their benefits:

Microsoft Dynamics GP Project Accounting

• Flexible G/L mapping
• Billing and revenue recognition capabilities
• Sophisticated project configurations
• Time/Expense and Equipment tracking
• Multiple project types and accounting methods
• Track Change Orders
• Business Portal (web-based user interface)

WennSoft Job Cost

• Flexible G/L mapping
• Time/Expense and Equipment tracking
• More integration points than GP PA (SOP and AP)
• Integration with MS Project
• Sophisticated project configurations
• Multiple project types and accounting methods
• Job Cost Portal (web-based user interface)
• Deepest functionality set in Industry

Analytical Accounting

• Unlimited dimensions
• Included in base license
• Budget controls with Grant Accounting
• Data entry capture rules

TRG Project (custom module by The Resource Group)

• Track and report on specific project expenses and/or revenue
• Easy to setup and use, fast data entry
• Fully integrated, entry is done directly on GP transaction windows
• Tracks both expenses, revenue and time
• Two levels of projects tracked
• See budget to actual (either revenue or expense)

If you are ready to explore project accounting solutions in Microsoft Dynamics GP, contact The Resource Group or your Microsoft Dynamics GP Partner.

by Tim Tobias, Implementation Consultant, The Resource Group – Seattle, Washington Microsoft Dynamics GP Partner

Compare Project Accounting Solutions for Microsoft Dynamics GP – Which is Right for You? is a post from: ERP Software Blog

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