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1Financial Control Overview
1.1ATLAS will track key financial milestones to ensure both expense and income on specific sites are tracked and monitored. Direct links to accounts software, such as Sage or QuickBooks, can be used to ensure accuracy.
2Income and Revenue
2.1Billing milestones can be identified at project inception and project/contract specific billing definitions established.
2.2Operation income can be generated as the work is completed, or created on instruction to create a real time order book.
2.3ATLAS employs a number of income control methods including:
2.51.Quotation and tendering control
2.55.Client sales order logging
2.56.Client billing and invoice creation
3Expenses and Costs
3.1Corresponding expenditure is also closely monitored and tracked. ATLAS ensures all project expenditure is allocated to the current operation, and all relevant expenditure is recharged to a valid client billing revenue.
3.2The purchase order module ensures orders are only raised on current operations to approved suppliers, with the correct financial approval and authorisation.
3.3Additional cost controls include:
3.51.Purchase order control and authorisation including recharges to current revenue
3.52.Timesheet management
3.53.Expense management
4Real Time Financial Control and Reporting
4.1A variety of real time reports are available to monitor operation finances to identify missed billing, or unforeseen and escalating costs.
4.12Accounts reports include:
4.51.Current order book
4.52.Profit and loss by project and operation
4.53.Forecast revenue and cash flow
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NameEstate Systems Ltd
Phone07773 372024
Emailsupport@estatesystems.co.uk
Article Type: System Overview  - Overview of Key System Modules, High Level Review without specific object details
ID-14322 , Revised 28/10/2014 17:02:00 , Revision  3
Written by: Jonathan  Spratt (ES) , Estate Systems
Article Limited to: Estate Systems - Databases, Websites and Quality inc UKDS