Project Accounting Suite - SAP® Business One Add-on

Professional Services Automation solution for SAP Business One

Project Accounting Suite (PAS) helps streamline business processes involved in the project lifecycle; from project set up, to labor and expense capture, cost and revenue allocation, project based billing, revenue recognition and project reporting. With tighter control of processes within SAP Business One and easy performance tracking, PAS is a critical tool you should have in your Professional Services toolkit.

Key Functional Areas of PAS:

• Project Set-up - Create simple projects or multiple-level, complex projects. Establish budgets and assign resources at each level.
• Web Based Time & Expense Reporting - Capture labor and out-ofpocket expenses in realtime. This enables project managers to be notied of overbudget conditions as they occur so they can proactively manage variances rather than reacting after the fact.
• Cost and Revenue Allocations – Use standard SAP Business One Transactions to assign and allocate costs to the project.
• Project Based Billing – support Time & Material, Milestone, Percent Complete and Progress billing on a project level, or assign specic billing rules to dierent phases within the project.
• Revenue Recognition – recognize revenue ocycle to when bills are calculated using exible rules including; a Calendar Schedule, Percentage of Completion and AsEarned Time and Materials.
• Project Reporting – Analyze resource utilization and realization in realtime, monitor project portfolio performance through a library of dashboards, operational reports, budget versus actual reports and project protability reports.

Third Waves's Project Accounting Suite (PAS) is a SAP Certied solution that extends the power of SAP Business One for Professional Services rms and other project oriented organizations.

Third Wave is committed to helping you get the most out of your SAP Business One investment with our suite of SAP Certied Business One solutions

Project Set-up Move beyond simple job costing and eciently manage all the details of every project. Even complex projects are easy to set-up. Simply assign resources and and budgets for all project tasks. Then, update actuals and see the big picture all from within SAP Business One.
Project Summary Get a snapshot of all your project details and easily make changes, all in one easy-to-read screen.
Project Reporting Real-time dashboard reporting keeps you on top of all the details. Choose the dashboard that works best for you. PAS comes with a library of reporting formats to choose from. Get the information you need in the format you want, including project protability, actual vs. budget, operational reports, and more.