New Acumatica Version Boasts Project Accounting Module

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SaaS and on-premise enterprise resource planning software developer Acumatica has included a project management module as a major part of its Acumatica 3.0 release, targeted at professional service, marketing, software, construction, nonprofit, and other businesses that need to maintain separate accounts for different activities.

The new version of Acumatica—which can be installed, hosted, or in the cloud—is designed to allow customers to separate business activities into projects with unique billing, budgeting, scheduling, revenue recognition and reporting requirements.

Acumatica 3.0 also includes intercompany transactions and consolidation; centralized cash and payments; advanced dashboards; automated report generation; credit card address verification; and dynamic security for order types.

“Project Management features are completely integrated with all Acumatica modules so project scheduling can include personnel, inventory, and manufacturing related expenses,” said Acumatica vice president of product management Ali Jani. “The integration ensures that Acumatica’s advanced reporting, inquiries and dashboards are available for all project-related data.”

To learn more and register to receive a copy of the beta software visit www.acumatica.com/product30.

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