Project Accounting

Project Accounting is an application that provides an operational view of your organization. It allows you to capture revenue as well as cost information from the Lawson applications. You can associate activities with transactions, this association then allows you the use of Activity Based Costing (ABC) and Activity Based Management (ABM). You can develop budgets for a project or an activity. You can then track cost commitments and budgets throughout a project life cycle or during an ongoing activity.