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Solution · Finance & People
Project management with the money attached
Standalone project tools show tasks and deadlines. They rarely show cost, commitments and billing. For businesses that sell projects — services, construction, engineering, installations — profit lives in the connection.
Overview
Why this area matters
ERP projects link tasks, time, purchases, expenses and invoices so project managers see margin while it can still be influenced.
01Typical problems
Signs the current setup has run out of road
01
Margin unknown until closure
Profitability calculated after the fact.
02
Unbilled work
Completed milestones not invoiced promptly.
03
Scattered costs
Purchases and expenses not linked to projects.
04
Resource clashes
No forward view of staff allocation.
02Capabilities
What a well-built setup includes
01
Project structures
Phases, tasks and milestones with templates.
02
Budgets
By phase, cost type or analytic account.
03
Timesheets
Time logged against tasks with approvals.
04
Project costs
Purchases, expenses and stock consumed charged to projects.
05
Billing methods
Time and materials, fixed fee, milestones, retainers.
06
Planning
Resource allocation and capacity views.
03Workflow
How the process runs end to end
- 01
Set up
Project created from a won deal with budget.
- 02
Plan
Tasks and resources scheduled.
- 03
Execute
Time and costs recorded.
- 04
Bill
Invoices by billing method.
- 05
Review
Budget vs actual and forecast.
04 — Technical notes
Design decisions worth getting right
Project accounting uses analytic dimensions so every cost and revenue line can be attributed to a project without complicating the general ledger.
Commitments — open purchase orders — should be included in project reports, because actual-only views hide overruns that are already locked in.
Where it applies
Industries, integrations and services
Integrations
Odoo applications
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Preguntas frecuentes
Preguntas frecuentes
Can we bill milestones?
Yes, milestones can trigger invoices when completed.
Can clients see project progress?
Through a customer portal with tasks and documents.
Can we see forecast at completion?
Yes, by combining actuals, commitments and estimates to complete.
Siguiente paso
Projects finishing over budget?
We will show live project margin in your context.