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Project Management

Project Accounting Software UAE
Horizon Project Accounting

Robust platform for managing project costing, budgeting, and invoicing. Connect project activities with company financials, ensure accurate accounting and billing throughout project lifecycles.

100% Tracking
Real-time
Multi-Bank
Auto Alerts
50+ Reports
ERP Integrated
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FullCost Control
Real-timeDashboard
BudgetTracking
GLIntegrated

Complete Project Financial Management

The user-friendly Project Accounting module delivers a robust platform for managing project costing, budgeting, and invoicing. It connects project activities with company financials for accurate accounting and billing.

Get a total view of all costs related to a project including materials, labor, subcontractors, inventory, and overhead. Allocate shared costs and overhead expenses to projects or jobs efficiently.

Simple, easy-to-use, powerful and ideal for project-centric businesses including Construction, MEP Contracting, and General Contracting companies.

Budget Classes

Labor, Material, Subcontract, Overhead, Plant & Equipment

Invoice Components

Revenue, Advance, Retention, Back Charges

Subcontract Management

LPOs, variations, payment applications & certifications

Project Dashboard

Visual KPIs for time, budget, and project health

1

Setup Project

Define hierarchy, budget codes, and expense classes

2

Track Costs

Capture labor, materials, subcontract, and overhead

3

Invoice & Certify

Create applications and get client certifications

4

Analyze & Report

Monitor profitability with dashboard and MIS

Accounting Software for Contractors – Key Features

Comprehensive tools designed to streamline your financial operations

Project Hierarchy & Setup

Simplified project hierarchy for maximum efficiency with user-defined project/job types. Define expense or budget classes for Labor, Material, Subcontract, Overhead, Plant and Equipment.

Flexible project hierarchy
User-defined job types
Multiple expense classes
GL integration
UnlimitedProjects
FlexibleStructure

Budget & Cost Codes

Unlimited expense or budget codes with GL integration. Upload estimated values with expense codes. Revision of budgets or estimations with variations support.

Unlimited budget codes
Estimate uploads
Budget revisions
Variation tracking
UnlimitedCodes
FullRevisions

Subcontract Management

Complete subcontract management with LPOs, variation orders, payment applications, and payment certifications. Track advance, retention, and material back charges.

Subcontract LPOs
Variation orders
Payment applications
Payment certifications
CompleteTracking
FullWorkflow

Project Invoicing

Define payment/invoice components for Revenue, Advance, Retention, Back Charges. Create project applications and certifications for accurate revenue recognition.

Invoice components
Revenue recognition
Advance & retention
Client certifications
MilestoneBilling
CertifiedRevenue

Cost Control & Analysis

Complete cost control and analysis based on budget codes. Track all financial metrics including budgets, estimates, WIP, bookings, invoices, profit, and costs.

Budget vs actual
WIP tracking
Profitability analysis
Cost monitoring
Real-timeAnalysis
FullVisibility

Dashboard & Reporting

Project Dashboard with visual, graphical analysis of project status. See KPIs at a glance - projects on time, under budget, and destined for success. Powerful MIS and BI reporting.

Visual dashboards
KPI monitoring
Auto-updating status
MIS & BI reports
Real-timeDashboard
VisualKPIs

Key Benefits

Take control of your project finances with comprehensive costing, budgeting, and invoicing that provides real-time visibility and ensures profitability.

Multi-Category Tracking

Manage multiple project expense categories including labor, materials, subcontracting, overheads, plant, and equipment.

Milestone Billing

Bill projects based on completing activities or achieving milestones with client certification for revenue recognition.

Complete Financial Tracking

Track all financial metrics including budgets, estimates, WIP, bookings, invoices, profit, and costs.

Efficient Subcontract Management

Complete monitoring of advance, retention, material back charges, and variations with efficient payment workflow.

Powerful MIS Reports

Gain insights with powerful summary and detailed MIS reports for better decision making.

Progress Monitoring

Track progress and monitor costs associated with each project, keeping you on top of financial performance.

Profitability Visibility

Monitor project profitability with real-time visibility into actual vs estimated expense categories.

Visual Project Dashboard

See important KPIs at a glance - which projects are on time, under budget, and destined for success.

Auto-Updating Status

Dashboard updates automatically to provide up-to-date view of current project health while it's happening.

Tailored for Your Industry

Specialized solutions designed to meet the unique challenges of diverse sectors

Seamless Integration

Works perfectly with other Horizon modules for unified project financial management

Real-time Data Sync
Single Source of Truth
Automated Workflows
Unified Reporting

Frequently Asked Questions

Find answers to common questions about Project Accounting

What expense categories can be tracked?

The system supports multiple expense/budget classes including Labor, Material, Subcontract, Overhead, and Plant & Equipment. You can define unlimited budget codes with GL integration.

How does project invoicing work?

You can bill projects based on completing activities or achieving milestones. Define invoice components for Revenue, Advance, Retention, and Back Charges. Client certification ensures accurate revenue recognition.

Can I manage subcontractors within the system?

Yes, complete subcontract management includes LPOs, variation orders, payment applications, and certifications. Track advance, retention, material back charges, and all variations efficiently.

What does the Project Dashboard show?

The dashboard provides visual, graphical analysis of project status with KPIs showing which projects are on time, under budget, and destined for success. It auto-updates to show current project health.

Is it suitable for construction companies?

Yes, it is specifically designed for project-centric businesses including Construction, MEP Contracting, and General Contracting companies with features tailored to their needs.

Ready to Optimize Your Project Accounting?

Discover how this module can transform your operations. Get a personalized quote for your business.

Or call us:+971 4 353 3727