Project Accounting in Microsoft Dynamics GP connects project activities with company financials, provides extensive reporting capabilities, helps ensure accurate accounting and billing processes throughout project life cycles, and streamlines time and expense management. Track unlimited contracts and projects and stay informed about budget changes and revenues by creating budgets and projects with as much or as little detail as you need. Track change orders by budget line item and manage Intrastat statistics. Automate invoicing processes to meet project-specific needs by tailoring billing options and customizing invoice formats, and gain complete control over your General Ledger accounts while maintaining the detail you require for project tracking and reporting. Thus It empowers your people by giving them easy access to the key project information and templates they need to do their jobs quickly and efficiently.

Capture and recover project costs such as billable labor and project-related expenses in the timely and accurate way that is critical for project-oriented businesses. Easily enter and approve project-related expenses through Business Portal Project Time & Expense. The time entry page can show various time periods (i.e., weekly, monthly) to accommodate differing project timelines. So it allow online review and approval capabilities to give project managers precise control over time and expenses. Project Time and Expense for Business Portal in Microsoft Dynamics GP empowers project team members and managers to effectively capture, review, and approve project time and expense data on the Web, enabling prompt, accurate customer invoicing and efficient reimbursement for out-of-pocket employee expenses.