Project Accounting has been one of the most prominent issues being faced by any organization in current times. Osource’s project accounting solution supports the best practices riding on a web-based technology tool. Osource’s solution is efficient for projects of all sizes and the processes are tailored to suit every project. The solution provides for real-time dashboards which help in tracking the actual status of the project.

Osource’s Project Accounting services include the following activities –

• Project Budgeting
• Procurement – Purchase Order , Work Order and Contracts
• Goods/Service Receipt, Return & Issue Management
• Month End Allocation and Provisions
• Project Site Cash Expense and Non Allocated Overheads
• Bill Booking and Vendor Payment
• MIS Reporting including Project Monitoring & Tracking, Project Cash Flow, CWIP and Procurement Status

Osource renders these services using it’s web-based project accounting solution which has the functionality to handle the entire budgeting, procurement, inventory, payables and capitalization process. The user-defined reporting also allows the client to create & customize specific reports and dashboards.