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Accounting - Finance Management

Connect project accounting with company financial control

Accounting and Financials is a multicompany, multiproject, and multicurrency module with a flexible Chart of Accounts and automated standard accounting entries.

It integrates seamlessly with other modules, eliminating double entries and ensuring alignment between Accounting and Cost Control through a Single Source of Truth.

This integration enables real-time financial visibility, allowing stakeholders to make faster, data-driven decisions based on consistent, validated information across the entire project lifecycle.

Accounting – Finance Management

Accounting – Finance Management · ProjectVIEW ERP

Project accounting software

Project accounting software records the financial result of each project and of the company. Unlike generic accounting, it must report per project, per contract and per cost code. In ProjectVIEW ERP, the operational modules create the accounting entries. Therefore accounting and cost control refer to one single source of truth.

Key Features

  • Accounting Reports per Project
  • Accounting Budgeting for Company/Project
  • Profit and Loss per Project
  • Consolidated Trial Balances
  • Aging analysis
  • Payment Approval process
  • Treasury Management
  • Cashflow monitoring per Company/Project
  • Petty Cash liquidation
  • Assets Management and depreciations
  • Automatic Banks’ reconciliation process
  • Cheques and PDC monitoring
  • LOC monitoring
  • Checklist for necessary Contract Documents
  • Bonds expiration monitoring
  • KPIs for Financial Management

Accounting – Finance Management · ProjectVIEW ERP

See Accounting – Finance Management in action

Accounting – Finance Management

Run accounting and finance for every company, project and joint venture. The treasury tree forecasts cash month by month from invoices, retentions, payroll and open orders. Earned value and actual cost show performance per project.

  • Treasury forecast per month from invoices, retentions and payroll
  • Earned value vs actual cost per project (EVM)
  • Receipts and payments per month, per company and branch
ProjectVIEW ERP
Treasury tree with the cash forecast per month
Treasury tree with the cash forecast per month Screens show demo data.
Accounting & Finance

What is project accounting software?

Project ledger with cash flow chart and balance sheet

What ProjectVIEW Accounting & Finance contains

  • Multi-level chart of accounts: grouped by profit and loss, cost account and other attributes, so reports are easy to read.
  • Automatic journal entries: created by procurement, stores, payroll, subcontractor and billing transactions.
  • Project ledgers: journals, trial balances and ledgers per company, project or cost center, so every figure is traceable.
  • Balance sheet and P&L: per company or per project. As a result, the board sees the result of each project.
  • Cash flow: forecast from receivables and payables aging, loan installments, open orders and bank balances, so cash risk shows early.
  • Payments and assets: bank transfers in each bank's format, plus depreciation split per project, so each project carries its correct cost.
  • Year-end closing: multi-company and multi-currency closing and opening, so the year-end closes faster.

Why it matters in project-based ERP

  • No double entry: operations post to accounting automatically.
  • Profit per project: P&L per project, joint venture and company, so the margin is clear.
  • Cash flow risk, early: forecasts use real commitments and receivables.
  • Local compliance: e-invoicing for Saudi Arabia (ZATCA), the UAE and the Philippines (BIR), and IFRS 15 support.

Add-ons and integration

  • Petty cash forms: site expenses post to accounting and project cost at the same time.
  • Business analytics: Qlik and Power BI dashboards that also run directly on ERP data.
  • Third-party ERP integration: keep SAP S/4HANA or Oracle Fusion for corporate finance and run projects in ProjectVIEW.
FAQ

FAQ: project accounting

What is project accounting software?

It is accounting software that reports per project, contract and cost code, as well as per company. Specifically, it covers project P&L, cash flow, retentions and joint ventures. It serves construction, shipbuilding and repair, marine and offshore, mining and quarrying, and project-based manufacturing companies.

Do we still need a separate accounting system?

Not necessarily. ProjectVIEW ERP includes full accounting. However, it can also integrate with SAP S/4HANA or Oracle Fusion if you keep them for corporate finance.

Does ProjectVIEW ERP produce a P&L per project?

Yes. It produces the balance sheet and P&L per company or per project, and journals and ledgers per project or cost center.

Does ProjectVIEW ERP support e-invoicing?

Yes. It supports e-invoicing compliance in Saudi Arabia (ZATCA), the UAE and the Philippines (BIR).

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