SYSPRO's Projects and Contracts module facilitates accurate profit reporting for long-term projects that require analysis of costs and revenues at each section or level within the contract or project. It enables tracking of uncommitted and committed costs at a detailed hierarchical level and highlights any differences between planned and actual costs as they occur.
Purchase orders, job activity, sales orders and invoicing for jobs attached to a project update the contract or project in real time, and are assigned to a position in the hierarchy. This enables you to continuously monitor the current and potential profitability of all sections of the contract or project.
Query screens and reports show up-to-date actual and committed costs, as well as realized and projected profit, at any level of the job hierarchy.