Microsoft Dynamics SL delivers project-focused accounting and business management software for project-driven organizations. The base project management functionality found in the Business Essentials edition of Microsoft Dynamics SL is all the project management most organizations will need, but if you are looking for unique or advanced project management tools, Microsoft Dynamics SL also offers a number of specialized project management solutions.
The Project Allocator module, which comes with the Advanced Management edition of Microsoft Dynamics SL, gives you precise control over project finances by creating flexible, multi-tiered hierarchies to reflect the spectrum of labor rates and billing structures for your specific business needs. Then you can automatically allocate charges and revenues, account for work-in-progress, transfer or consolidate transactions, and record accurate data for billing and posting to general ledger accounts.
The solution delivers project-specific flexibility. You can customize the system to reflect billing methods and rate agreements unique to each customer or project. Set up and select from nearly unlimited combinations of rate hierarchies, allocation methods, and recognition rules for revenues and work-in-progress.
You’ll save time managing exceptions. Identify rate exceptions or markups as needed without affecting other accounts or rates, then process those exceptions automatically to ensure accurate invoicing without manual tracking or adjustments. You can select scheduled processing for maximum control over project allocations and the timing of ledger entries, or you can automate accounting tasks, including exceptions that you have specified.
You can preview distributions before they become final, and easily make adjustments, reassign transactions to other cost categories or projects, or consolidate details without reentering or losing data. The Project Allocator module is integrated with the rest of Microsoft Dynamics SL, enhancing accounting productivity and keeping your books accurate and up to date.
