VISION's Project Accounting system is designed for use in a wide variety of industries. It fully integrates with Accounts Receivable, Accounts Payable, Project Billing, Payroll and the General Ledger to provide a seamless, totally auditable project driven Cost Accounting system. All costs pertaining to a project are available for analysis.

• Allows to define project management and costing controls end of period independently from accounting periods.
• Enables to budget depending on costs or revenues generated by the projects, for each activity, type of activity or project, rolled-up to parent project.
• Define your structure within projects, parent projects and activities.
• Allows to enter transactions over many accounting periods at the same time.
• Follow-up on costs independently from entity structures, which enables many entities (divisions) to enter transactions for a common project.
• Automatic calculation of costs to be shared between divisions following a predefined structure (internal transfer cost).
• Several methods to establish fees markup: depending on the project, employee, employee's level, employee's function, cost method, date, etc.
• Time sheet entry for each project and activity. These time sheet entries in the Project Accounting can be interfaced with the Payroll module, Microsoft Outlook or other desktop applications.
• Interface with the Accounts Payable module allowing to automatically record suppliers' invoice for expenditures related to the project.
• Allows to record expenditures which do not affect Accounts Payable and which are automatically assumed by the project (donations, employees' expenses, etc.). Afterward, this expense could be billed to the client.