某咨询财务管理最佳实践之项目a.pptxVIP

Best Practice Financial Processes: Project Accounting Project Accounting - Best Practices ObjectivesProject AccountingObjectivesOrganisationPeopleProcessesControlsMeasuresInformation Systemsto record and maintain costs and time at a project and task levelto maintain project assets Work In Progressto bill / charge for jobs carried outto assist in planning, scheduling and controlling projectsto measure ongoing profitability and technical effectiveness of projects and enable corrective action to be taken Bridge between financial management project managementEstablish project structure and typeCreate new projectAllocate budgetTrack actual costs and timeReview projects progressBill or capitalise costsClose projectMonthly reportingReconciliation to other modulesPhysical progressInvoices being paidKey performance indicatorsProfitability of projectVariance analysis (cost, time materials)Achievement of technical objectivesOn-line timesheet inputEliminate rekeying of dataIntegrated systemsEmpower project managersTo control information and take corrective action A logically defined project task numbering system is used with a project / job number that allows division and reporting by logical elements or segmentsA facility to predefine a list of project typesEstablish who owns, who controls and who monitors the projectBudget established in financial and quantitative terms as an optionBudgets by individual property and group of projectsReforecasting / multiple budget facilityMulti currency budgetingInformation from past projects available to assist with estimate of future project costsDirect costs allocated per timesheet entry Indirect costs per timesheet/ algorithmsCollect costs in line with project milestones / phasesVarious ways of collecting costs; full cost, marginal, direct costs, direct costs and uplift, etc, Actuals and commitments (ie PO) raised against project budgetMonitor against defined milestonesConfirm physical progress of projectAmend budgets for known cost