Project Management

In Financials, you can perform common project management tasks, such as configuring a job and scheduling a resource, as well as providing the information needed to manage budgets and monitor progress. You can track machine and employee hours on the project by using time sheets. As a project manager, you have a good overview, not only of individual jobs, but also of the allocation of employees, machinery and other resources being used in all projects.

Before you can use Financials to manage projects, you must set up resources, time sheets, and jobs. For more information, see Setting Up Project Management.

Note: This functionality requires that your experience is set to Suite. For more information, see Customizing Your Financials Experience.

The following table describes a sequence of tasks, with links to the topics that describe them.

To See
Create jobs, assign job tasks, and prepare job planning lines. How to: Create Jobs
Allocate resources to jobs and manage resource prices. How to: Use Resources for Jobs
Create a time sheet with integrated job task and planning lines and post time sheet lines to a job journal. How to: Use Time Sheets for Jobs
Budget for resources to be used in jobs and compare actual item and resource usage to budgeted usage to improve the quality and cost efficiency of future projects. How to: Manage Job Budgets
Review and record usage on various parts of your job, which is automatically updated as you modify and transfer information from job planning lines to job journals or job invoices for posting. How to: Record Usage for Jobs
Purchase supplies for a job, either on purchase orders or invoices, and record item and time usage. How to: Manage Job Supplies
Learn about WIP (Work in Process), a feature that ensures correct financial statements and enables you to estimate the financial value of jobs that are ongoing. Understanding WIP Methods
Post the consumption of materials, resources, and other expenses of job work in process (WIP) to monitor its financial value and to maintain correct financial statements even though you post job expenses before invoicing the job. How to: Monitor Job Progress and Performance
Record job costs for resource usage, materials, and job-related purchases on an on-going basis and invoice the customer, either when the job is finished or according to an invoicing schedule. How to: Invoice Jobs

See Also

Setting Up Project Management
Customizing Your Financials Experience
Working With Financials