Dynamics 365 Business Central’s project costing software and resource management capabilities are designed specifically to enable businesses to manage and monitor multiple budgets.
This cost management capability allows project managers control of their own P&Ls whilst maintaining an accurate, real-time view of the project’s impact on the wider business, meaning that reporting on net project costs is easier and reports are more universally viewable to those who need them.
This level of control combined with ease of use is unique to Dynamics 365 Business Central’s project costing software, and can be tailored to the needs of you and your business. For more information on cost management & project costing software from Microsoft Dynamics 365 Business Central, please don’t hesitate to get in touch, or get a quote based on your needs.
Business Central’ cost management capability provides the facility to capture the various costs and revenues related to a project and the ability to track Work in Process (WIP) on one or more projects by cost value, sales value or percentage complete.
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Once a project is set up, you can assign a budget, key tasks, inventory items (if applicable) and resources needed to complete the project. You can then check any activity recorded against these items and add or remove any additional resources or assets as the project progresses.
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Once a project is set up, you can assign a budget, key tasks, inventory items (if applicable) and resources needed to complete the project. You can then check any activity recorded against these items and add or remove any additional resources or assets as the project progresses, making project costing more streamlined and less time-consuming.
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You can set up a budget for each job. The budget can be either general with few entries or it can contain more entries that are divided into activity levels. You can then compare the budgeted amounts with the actual usage as recorded in the job journal.
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