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The Project Contract Management System (PCMS) is specifically designed for companies engaged in providing services binded by a project contract. It covers the transactions involving Request For Payment, Actual Cost (taken from GL), Billing and Collections for each project contract for easy monitoring of project budget, cost, revenue and collection. This system is integrated with the GL System but it can also be used independently.
Key Features:
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Module
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Specifications
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Transactions
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Request for Payment
Billings and Collections
Actual Costs taken from GL System
Project Budget or Estimate
Journal Entries
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Master Files
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Customers
Vendors
Vendor Category
Project Contracts
Cost ID
Chart of Accounts
Books of Accounts - Sales
Request for Payment - Authorizers
Billing Type - Client
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System Integration
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GL System
Construction Contract Management System
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Reports
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AR - Aging
Project Cost Analysis: Budget vs Actual vs Request
Billing and Collection Report
Request For Payment - Details per Project
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