SYSPRO Projects and Contracts facilitates accurate profit reporting for long-term projects that require analysis of costs and revenues at each section or level of the contract or project.

Key Benefits of Projects and Contracts

  • Real-time actual and committed costs, as well as realized and projected profits
  • Analyze at project job or contract level
  • Deposits, retentions and billing schedules
  • Recall of standard costing hierarchies for similar items for reduced processing time
  • Revenue recognition through sales orders, based on the defined costing hierarchy
  • Calculation of profits taken and projected
  • Profitable areas highlighted
  • Comprehensive reporting for jobs and contracts
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