The ProjectPro Add-on enables Microsoft Dynamics NAV to automate every aspect of your construction accounting and project management needs. ProjectPro provides complete history on every project’s records; contracts, change orders, Retention receivables and payables, and cost categories for project costing at the Activity, Process, and Operation levels.

Contracts and Change Orders
ProjectPro has a full-featured contract management system established for tracking contract values for each project. From the original contract through change orders that create increase or decreases, the contract management feature will keep management focused on the importance of each project’s contract value.

Project Costing Enhancements
Project Costing has been enhanced by the addition of user-definable cost categories such as labor, materials, subcontractors, and equipment. The Cost Category relates to the Project Cost Posting Groups for specific G/L posting accounts or costs. Project Revenue Posting Groups relate to specific G/L posting accounts for revenues. Project costing provides unsurpassed flexibility with relational costing levels of Activity, Process, and Operation. Any combination of costing levels may be applied to your projects.

Retention Tracking

Retention receivables and payables have been added to the Microsoft Dynamics NAV Accounts Receivable and Accounts Payable granules.  These features enable users to enter retention percentages at each vendor and customer card along with creating at the job card.  This means much easier management of retention changes that occur along the project timeline.

Contract Billings

Contract Billings features have been added to the ProjectPro for ease of billing toward project contracts.  The contract billings are flexible to enable invoicing any dollar value toward the overall project contract or at the cost code levels along with identifying change order billings.  These project billings are accessible through the statistics screen on the project card.

AIA Billings

AIA billings feature gives the user the ability to manage billing items that are under contract with owners with scheduled values that together represent the whole contract.  With AIA billings the users can enter billing applications with all submitted scheduled items and their respective percentage, quantity, or lump sum of item value to be invoiced to the owner.  AIA billings will even take in to account “stored materials”.

Project Statistics and Reports

ProjectPro has many project management inquiry screens with “drill-down and around functionality” along with several construction-specific reports:

Percentage of Completion Report

Summarizes the status of each project as it relates to actual costs verses anticipated costs to complete project. The formulas applied determine the earned portion of the project’s contract along with over or under billings as they relate to actual project billings.

Project Actual Costs To Estimated (Budgeted)

Used to compare actual costs incurred as they relate to budgeted costs at the activity, process and operation levels.

Project Cost and Billing Report

Compares actual costs against actual project billings.  This information can be used as an indication of a project’s positive or negative cash flow.

Project Cost Category Report

Project costs are summarized by cost categories such as Labor, Materials, Equipment, Subcontractor, etc. while comparing budgeted costs, committed costs, actual costs, variance and variance percents.

Bonding Report

Similar to the Percentage of Completion Report with the added information relative to project’s overall estimated profit and current gross profit based on percentage of completion.

Project Status Summary Report

Provides a complete picture of the project including contract amount, billings, retention, payments received, costs-to-date, along with the project’s open payables and open receivables.