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The project accounting modules enable professional services firms to monitor all projects for potential cost overruns and track all employees by productivity and number of chargeable hours. Project Accounting also accelerates the billing process, so that completed work can be turned into cash more quickly. Also available is a time and expense entry application to facilitate rapid and up-to-date tracking of employee expenditures. A link to Microsoft Project provides integration to the specifics of a project plan.
"Project Accounting" is part of the Sage 500 ERP (formerly Sage ERP MAS 500) line of products, developed by Sage.
Sage 500 ERP (formerly Sage ERP MAS 500) is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.