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10
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Tour
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Budget Software |
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| Generic budget tracking software is typically not geared for project budgets. You need to use construction accounting software or IT project accounting software to properly manage your project. Typically project budgets span financial years and look at a different breakdown of costs to a corporate budget. Project Administrator overcomes this limitation. It enables you to track both the budget and expenditure. | |
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For each project a budget can be set up using a chart of accounts that is tailored for the project but maps back to the company accounts. For example, the company may have one account for external consultants but the Project Manager wants to differentiate between company A and B. He can set up accounts for each contractor but still combine the figures to compare with reports coming from the corporate accounts. Expenditure can be tracked as either "actual" or "committed". It can be sorted into different orders, and even downloaded into Microsoft Excel for further analysis. |
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Below are a number of white papers which relate to project budgets.
 Setting up a Project Budget and managing project Expenditure |
Setting up a project budget can be a daunting task. Project Financial Software may assist but setting up a project chart of accounts is critical. Learn about project financial systems and see a sample set of project accounts. |
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Some of the tricks and techniques used by less then trustworthy software vendors. Some traps to be aware of when buying software. |
| Software Pricing |
An attempt to list all the different types of pricing that a vendor can come up with when you are buying ERP or any sort of software. |
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