CompassCPA Financial Management System |
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The CompassCPA Contract Costing Module is designed to record all costs and revenues associated with a contract. -- Various business costs--Goods and services invoices for a specific contract, labor from payroll, and receipt of goods from purchase orders, may be charged to a contract, in addition to inventory or general expense accounts. -- Issue materials from stock and charge them against a contract and post sales revenue to a contract with the CompassCPA Contract Costing Module. -- Analyze the cost and revenue associated with a contract for profit and/or loss for each resource or for the entire contract. -- Certain reporting may optionally group similar products and show only product group totals. -- Because contracts share traits, they are grouped into contract "classes." Attributes which are set for a contract class are then applied automatically to all the contracts in that class. -- Contracts may also be defined as being part of a master contract; however, costs and revenues continue to accumulate for the individual contracts and can be reported at that level. -- Contract Costing supports a multi-company and a multi-currency environment. -- Contract Costing interfaces to Payroll to provide the information required for establishing the labor cost of a contract. -- Full retention processing is provided which allows a portion of a charge to be identified as retention, with automatic posting to Accounts Receivable. -- A facility is provided to adjust the split between retained and non-retained amounts on any invoice. Automatic contract numbering Extensive reporting Labor and material analysis Margin reporting Master contracts Multi-company Multi-currency Quote capability Recurring charges Retention processing Accounts Payable Accounts Receivable General Ledger Inventory Payroll But that's just the beginning--the CompassCPA Suite allows you to integrate your financial management information with distribution, manufacturing and human resource functions, to give you a world view of your business and street-level access to the details. Questions? Want more details? Contact: sales@potomacsys.com 804.423.5300 |
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