Project accounting can help you track the progress of all the projects for operational viability & financial feasibilities. It follows all of the project's financial components, such as estimates, budgets, costs, bookings, billing, advance received, and everything in between. Project accounting is important for certain industries where work activity is performed on a work-to-work basis. It allows identifying the project's profitability, which further identifies areas of cost & revenue of the project that can reform. In the absence of project-based accounting software, project accounting can becomes tedious for business owners. An easy way to deal with your project accounting needs is to outsource project accounting services needs.
We at Whiz Consulting provide cloud-based project accounting services in India and helps businesses highly dependent on projects. Whether your business is based in Delhi, Mumbai, Bangalore, Pune, Hyderabad, and other cities in India, we can help you with your project accounting needs. Our experienced accountants help businesses and assist them with project accounting, achieving positive results for each project and business overall.
Sectors in India where project accounting is widely used and is an essential feature of accounting are -
At Whiz Consulting, we provide project-based accounting for various industries. Also, our experts have been performing Project Accounting for an extended period and delivered successfully for all our clients.
We use the following popular accounting software to manage the revenue and cost of a project: