2020年最新普华永道--财务管理最佳实践之项目A

➢ A facility to
➢ Multi currency
predefine a list of budgeting
phases
project types ➢ Establish who
➢ Information from past projects
➢ Various ways of collecting costs;
➢ Project costs can be allocated to departments or billed to customers at appropriate times
➢ Charge against agreed milestones
PwC175i
4
Project Accounting - Best practice features
Controls
➢ Monthly reporting ➢ Reconciliation to
other modules ➢ Physical progress ➢ Invoices being paid
Measures
➢ Key performance indicators
➢ Profitability of project ➢ Variance analysis (cost,
Best Practice Financial Processes: Project Accounting
Project Accounting - Best Practices Objectives
Organisation
➢ Bridge between financial management & project management
in financial and quantitative terms as an option
allocated per timesheet entry
is used with a
project / job
➢ Budgets by
➢ Indirect costs per
number that allows division and
available to assist full coof marginal, direct
controls and who future project costs costs, direct
monitors the
costs and uplift,
projects ➢ to measure ongoing profitability and technical
effectiveness of projects and enable corrective action to be taken
2
People
➢ Empower project managers
Establish project
Allocate budgets
Allocate costs & time
➢ To control information and take corrective action
Information Systems
➢ On-line timesheet input
➢ Eliminate rekeying of data
➢ Integrated systems
PwC175i
Project Accounting
Objectives
➢ to record and maintain costs and time at a project and task level
➢ to maintain project assets & Work In Progress ➢ to bill / charge for jobs carried out ➢ to assist in planning, scheduling and controlling
Review project progress
vs costs & budget
Bill or charge for project
Best Practice Features
➢ A logically defined ➢ Budget established ➢ Direct costs
project & task numbering system
time & materials) ➢ Achievement of
technical objectives
3
Project Accounting - Best practice features
Establish project
Allocate budgets
Allocate costs & time
project
etc,
➢ Actuals and commitments (ie PO) raised against project budget
➢ Monitor against defined milestones
➢ Confirm physical progress of project
➢ Amend budgets for known costs overruns / savings
Processes
➢ Establish project structure and type
➢ Create new project ➢ Allocate budget ➢ Track actual costs and time ➢ Review projects progress ➢ Bill or capitalise costs ➢ Close project
individual property and group of projects
timesheet/ algorithms
reporting by
logical elements or ➢ Reforecasting /
segments
multiple budget facility
➢ Collect costs in line with project milestones /