Project Cost Control System
Our Project Cost Control System has been developed specifically to provide instant access to information about a project's
accounts status. It provides easy cross-referencing between budget estimates and actuals, orders, suppliers, invoices and
payments made to allow project managers to control budgets and total costs.
Unlike invoice-based cost accounting systems, the Project Cost Control System is more than simply a record of historical
commitments. It provides real control of budgets, critical for maintaining project management integrity, and allows actual
costs to be tracked to the point of commitment, that is when an order is placed and compared with the budget at that time. It
also records changes in design and captures the reasons for variations resulting from changes in project scope while tracking
overall expenditure.
With the Project Cost Control System you can:
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customise the Order forms and order variation forms unique to suit your organisation,
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keep a record of all invoices received, and
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track invoice payments.
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