ALCIE Project Accounting

The ALCIE Project Accounting system is a comprehensive Work-in-Process accounting tool, which tracks cost to projects by classification of work. The system has been designed to accommodate a wide variety of requirements. The module is fully interfaced to the ALCIE General Ledger, Accounts Payable, Accounts Receivable, Payroll, Inventory and Purchase Order modules so that virtually all types of costs may be recorded. The system provides a useful 'bill draft' worksheet, which provides a detailed list of transactions to be billed. An adjustment screen provides a mechanism for adjusting the billing for write-ups and/or write-downs. Several invoice formats provide anywhere from a summary billing “For Services Rendered” to complete itemized billing.

Costs are tracked to specific projects and to Work Codes within projects. Work codes may be grouped by work category for summary reporting. Material, labor and expenses are individually separated for each work code further expanding the detail level of reporting. Virtually all businesses have projects. They may include tracking promotional expenses, development projects, construction projects, professional services for a client, etc.

Some Distinguishing Features are:

• Project master with Accounting controls.
• Client master - uses Accounts Receivable master if ALCIE Accounts Receivable module is installed.
• Employee master - uses Payroll master if ALCIE Payroll module is installed.
• Time and Expense Edit Listing.
• Exception Edit list for Invalid Project and/or Work Code Entry.
• Missing Time Sheet Report.
• Inventory Issues to Project in Real Time mode.
• Cash receipts Posting - Requires Accounts Receivable module.
• Billing Preparation/Invoicing-requires ALCIE Accounts Receivable module.