Project-based businesses have special needs when it comes to accounting. Project accounting can be highly complex, time consuming, and difficult. In addition, errors in billing can slow down customer payments.
Many companies use a host of systems to do their project accounting. Accounting systems, resource planning systems, spreadsheets, "sticky" notes. These systems don't usually integrate well and this can cause serious issues when trying to run a business. Edgar and Edgar CPAs, LLC has partnered with Intacct, a leading cloud-based accounting system, to offer our clients a world-class project accounting system. From within Intacct, companies can keep track of project profitability, budgets, resource planning, billed and unbilled items, time and expenses, and many more critical financial and non-financial information. In addition, projects can be efficiently billed at the project, parent project, or customer level. Intacct's flexibility is unparalleled.
If you are using a system that's not designed to handle project-based businesses or project management, contact us today for a free demo of Intacct Project Accounting. Simply put, you will be amazed at how well Intacct handles projects.