Project Accounting in Microsoft Dynamics GP

Dynamics GP offers project accounting through its Project Accounting module, which has long been used by organizations that require structured job cost tracking and strong accounting controls. The module allows users to define projects, cost categories, and billing types while tracking expenses and revenue throughout the project lifecycle.

Costs can be captured from payables, payroll, inventory, and general ledger transactions, providing centralized visibility into project financials. Billing features support time-and-materials, fixed-fee, and cost-plus arrangements, with flexibility to manage retainage and progress billing when required.

Dynamics GP’s project accounting functionality is particularly well suited for organizations that operate in stable, on-premises environments and value detailed accounting oversight for project-based work.