Optimizing Professional Services: Revenue Recognition and Analyzing Project Groups

If you run a project-based services business, your accounting and operations revolve around your ability to execute your business strategy based on project performance and key financial metrics.This session will focus on how to use Microsoft Dynamics SL and GP in order to better match revenue with the time period in which it was actually earned as well as matching revenue with its related costs. Modules discussed and demonstrated will be:

  • Dynamics GP Revenue and Expense Deferrals Module
  • Dynamics SL Project Analyzer Module

The session will also cover the importance of looking at project performance not only on a project by project basis but also on meaningful groupings of projects basis. Groupings or projects may be projects with the same:

  • Customer
  • Project Manager
  • Division, Department or Location
  • Estimator
  • Contract

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