Project Accounting

With Copernicus Pro you get a flexible and extensive invoicing module that can handle invoicing of set rates and current accounts for both customers and internal cost centres.  

Copernicus Pro comes complete with web-based invoicing so project managers can generate their own invoices. To simplify the adjustment process, and to ensure that the system is being used correctly, users are guided through the invoicing process. They can also influence the layout and content of the invoice.

Order invoicing, clearance invoicing and electronic invoicing functions are available along with:

  • Internal Charge
  • Evaluation of Work in Progress
  • Financial Reporting
  • Analysis and Follow-Up

Copernicus Pro provides support unique to each customer’s financial model. Through coding rules for the valuation of processing, work with monthly statements becomes automated and therefore more efficient. Copernicus Pro can handle several valuation models, such as the Work in Progress model and percentage of completion. By basing project follow-up and coding of income statements on the same information, you avoid reconciliation work and the source of errors.

Copernicus Pro Project Accounting even contains powerful functions for the handling of internal balances, both within the company and between companies. Special functions allow you to re-organise and move employees as well as ensure that a project follows the project principle, among other requirements.

Business follow-up from both a project and a line-management perspective is possible. By using Employee Statistics, Income Statement and Benchmarking Web Reports, line managers can follow up their operations, zoom in on the organisation and analyse values such as chargeable time, available time, internal time and degree of coverage.

In recent years, a lot of importance has been given to following up and improving a company’s tied-up capital. By accelerating invoicing, big money can be saved. Profitability and contribution margins can be analysed based on business, individual project, work type, products, customers and line organisation, as well as statistical concepts.

Naturally, Copernicus Pro also contains a number of standard reports for financial reporting and analysis of projects, resources, products, customers and so on.



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