---
title: "Best Project Accounting Software - 2026 Reviews & Pricing"
description: "Find the best Project Accounting Software for your organization. Compare top Project Accounting Software systems with customer reviews, pricing, and free demos."
source_url: "https://www.softwareadvice.com/accounting/project-accounting-software-comparison/"
page_type: "subcategory"
language: "en"
---

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Project Accounting Software

Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee.

# Best Project Accounting Software of 2026

Updated October 22, 2026

## Project Accounting FAQs

Software Advice advisors had 112 conversations with buyers about Project Accounting software between January 2025 and July 2026. These are the questions that came up most.

-   How do I choose the right Project Accounting software for my business?
    
    Choosing the right project accounting software means focusing on the features and integrations that match the business’s needs, as buyers frequently tell our advisors that they seek tools combining project management with accounting tasks like job costing, billing, estimating, and change order tracking. Cost sensitivity comes up often, especially for small businesses, so buyers weigh pricing models and look for options that automate manual processes without requiring expensive add-ons. Integration with existing accounting platforms, especially QuickBooks Online, is a recurring requirement, and a common sticking point is limited connectivity to other tools. Buyers also stress the importance of ease of use and a clear user experience, since clunky systems or missing features often lead teams back to spreadsheets or manual workarounds.
    
-   What is the best Project Accounting software for a small to mid-size business?
    
    When speaking with our advisors, buyers from small to mid-size businesses say the right project accounting tool should combine project management features with accounting functions like job costing, billing, and a general ledger. Teams often want built-in estimating and change order tracking, so they do not have to rely on manual spreadsheets. Buyers frequently mention friction from high pricing and limited integration with other software, especially when existing tools require using separate accounting platforms. A common sticking point is the lack of project management capabilities or inefficient user experiences, so ease of use and compatibility with other business systems are key considerations.
    
    Answer based on 101 advisor calls
    
-   What should businesses watch out for when choosing Project Accounting software?
    
    During advisor calls, buyers researching project accounting systems often raise concerns about high pricing and gaps in project management features. Many buyers are in construction and operate as small businesses, so cost and ease of use are common priorities. Limited integration with other tools comes up frequently, especially when teams want the system to work with their existing accounting or project management platforms. Buyers also watch for features like job costing, profitability tracking, and change order management, as missing these can lead to continued reliance on spreadsheets. Most buyers show interest in cloud or SaaS (software as a service) deployment, though some still consider other options. Testing the user experience and confirming which manual tasks will actually be automated can help avoid future frustration.
    
    Answer based on 111 advisor calls
    
-   What are common complaints about Project Accounting software?
    
    Buyers often express overall dissatisfaction with project-focused accounting tools in advisor calls. High or rising pricing is another pain point buyers raise, especially when features do not meet expectations. Many teams still depend on manual processes or spreadsheets, which they want to replace. A common sticking point is limited project management features, with some software lacking integration options for other tools. Gaps in job costing, profitability tracking, and change order management also come up repeatedly. Some buyers report a clunky, inefficient user experience, while others do not like relying on external accounting platforms or being locked into certain integrations.
    
    Answer based on 87 advisor calls
    
-   What is the difference between Project Accounting software and general accounting software?
    
    Project accounting software is built to track costs, resources, and profitability for individual projects, while general accounting software focuses on company-wide financials like billing, accounts payable, and reporting. According to our advisors, buyers looking at project accounting tools often need features such as job costing, estimating, and project management, which are not standard in most general accounting platforms. Many teams mention that standard accounting options lack the ability to calculate itemized project costs, manage change orders, or track project-specific profitability, leading them to rely on spreadsheets or manual workarounds. This distinction is a frequent consideration for buyers who need to manage both project details and traditional accounting in one place.
    
    Answer based on 111 advisor calls
    
-   Can Project Accounting software integrate with payroll and industry-specific platforms?
    
    Yes, buyers we've talked to often want their project accounting system to connect with QuickBooks Online for accounting purposes. Integration with payroll platforms and other industry-specific tools is not a focus in these advisor conversations, but accounting integration, especially with QuickBooks Online, comes up frequently as a priority.
    
    Answer based on 15 advisor calls
    
-   How does Project Accounting software handle the general ledger, reporting, and compliance?
    
    Project accounting software connects project-level data with the general ledger, so buyers our advisors talk to can track all financial transactions for each project in one place. Buyers frequently mention wanting stronger project reporting and job tracking, since standard accounting tools often fall short on project-specific reporting needs. The software typically lets users generate financial reports that show project profitability and organization-wide results. Handling compliance comes up less often, but buyers sometimes ask how the system manages audit trails or supports standardized reporting formats.
    
    Answer based on 37 advisor calls
    
-   How much does Project Accounting software cost?
    
    Most project accounting tools are sold either for a flat monthly price or per user per month, and a common theme in these conversations is sensitivity to both models. Teams paying a flat monthly fee usually see quotes between $350 and $500. For per-user pricing, buyers often hear rates from $28 up to $150 per user each month, with a median near $50. Many options also come with a one-time setup fee, which often falls between $1,100 and $6,825.
    
    Answer based on 98 advisor calls
    
-   What features should Project Accounting software include?
    
    Based on advisor calls, buyers most often look for features like project management, job costing, estimating, and integrated accounting in project accounting systems. Other priorities include billing and invoicing, tracking both accounts payable and accounts receivable, maintaining a general ledger, time tracking, payroll management, budget management, and tools for creating and monitoring tasks.
    
    Answer based on 109 advisor calls
    
-   What is Project Accounting software and what does it do?
    
    Project Accounting software tracks, reports, and analyzes the financial activity of individual projects for managers and organizations. Advisor-call conversations show that buyers want software that combines project management with accounting tasks like job costing, estimating, billing, accounts payable and receivable, and maintaining a general ledger. These systems help companies monitor project budgets, measure profitability, and handle all project-related financial transactions in one place.
    
    Answer based on 104 advisor calls
    

On this page

1.  Popular Comparisons
2.  Buyers Guide
3.  Frequently Asked Questions
4.  Related Software

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### [Xledger](/accounting/xledger-profile/)

- Overall rating: 4.5/5
- Reviews: 27
- Starting price: $750.00/month
- Free trial: Not available
- Free demo: Not available

#### Overview

Xledger, True Cloud Finance Software Built For Modern, Multi-entity Organisations

Xledger is a true-cloud finance management platform built for organisations needing more than

[Read more](/accounting/xledger-profile/)

#### Features

##### Best rated features

- Audit Trail: 5/5
- Access Controls/Permissions: 5/5
- Multi-Location: 5/5
- General Ledger: 4.9/5

[See all features](/accounting/xledger-profile/#key-features)

---

### [AccountMate](/accounting/accountmate-profile/)

- Overall rating: 4.3/5
- Reviews: 25
- Starting price: $4,000.00one time
- Free trial: Available
- Free demo: Not available

#### Overview

AccountMate is a hybrid accounting solution that caters to small and midsize businesses and offers them tools and functionalities, which help them to manage their financial

[Read more](/accounting/accountmate-profile/)

#### Features

##### Best rated features

- Collaboration Tools: 5/5
- Multiple Projects: 5/5
- Purchase Order Management: 5/5
- Project Planning/Scheduling: 5/5

##### Worst rated features

- Task Management: 4/5
- Billing & Invoicing: 4/5

[See all features](/accounting/accountmate-profile/#key-features)

#### Pricing

##### Basic

- Price: $4,000.00one time

[See full pricing details](/accounting/accountmate-profile/#pricing-and-plans)

---

### [Sage Intacct](/accounting/intacct-accounting-profile/)

- Overall rating: 4.3/5
- Reviews: 718
- Best for: Mid-size businesses
- Free trial: Not available
- Free demo: Not available

#### Overview

CPA Technology Advisor rated the Intacct accounting solution 5 out of 5 stars. The software can compare project progress to project plans; monitor project costs and margins, and;

[Read more](/accounting/intacct-accounting-profile/)

##### What users love

- User-friendly and intuitive interface
- Comprehensive accounting functionality
- Robust, customizable reporting capabilities

##### To take in mind

- Complex and inflexible report customization
- Slow and unresponsive support experience
- Expensive and rising costs

#### Features

##### Best rated features

- Quotes/Estimates: 5/5
- For Nonprofits: 5/5
- Vendor Management: 5/5
- Customer Statements: 5/5

[See all features](/accounting/intacct-accounting-profile/#key-features)

---

### [Canopy](/product/127735-Canopy-Tax/)

- Overall rating: 4.5/5
- Reviews: 286
- Starting price: $32.00/month
- Best for: Small businesses
- Free trial: Available
- Free demo: Not available

#### Overview

Canopy is an award-winning, all-in-one accounting practice management platform engineered to serve as the unified operating system for modern CPA, tax, and bookkeeping practices.

[Read more](/product/127735-Canopy-Tax/)

#### Features

##### Best rated features

- Project Time Tracking: 5/5
- Accounting: 5/5
- Communication Management: 5/5
- Progress Tracking: 5/5

[See all features](/product/127735-Canopy-Tax/#key-features)

#### Pricing

##### Client Engagement Platform

- Price: $150.00/month

##### Document Management

- Price: $36.00/month

##### Workflow

- Price: $32.00/month

[See full pricing details](/product/127735-Canopy-Tax/#pricing-and-plans)

---

### [Beyond Software](/psa/beyond-profile/)

- Overall rating: 4.7/5
- Reviews: 7
- Starting price: $6,120.00/year
- Free trial: Not available
- Free demo: Not available

#### Overview

Beyond Software is a project accounting and management software system available for small to mid-size companies. The system allows organizations to manage and execute around their

[Read more](/psa/beyond-profile/)

---

### [NetSuite](/accounting/netsuite-financials-accounting-software-profile/)

- Overall rating: 4.2/5
- Reviews: 2,081
- Best for: Enterprise businesses
- Free trial: Not available
- Free demo: Not available

#### Overview

NetSuite is an AI-powered cloud-based business management suite that incorporates ERP, financial management, CRM and eCommerce functionalities into a unified platform, helping

[Read more](/accounting/netsuite-financials-accounting-software-profile/)

##### What users love

- Deep system tailoring options
- Comprehensive and scalable functionality
- Centralized financial operations platform

##### To take in mind

- Steep learning curve and complexity
- Complex and rigid reporting tools
- Slow and inconsistent support experience

#### Features

##### Best rated features

- "What If" Scenarios: 5/5
- Aging Tracking: 5/5
- Vendor Master Data Management: 5/5
- Import/Export Management: 5/5

[See all features](/accounting/netsuite-financials-accounting-software-profile/#key-features)

---

### [Striven](/project-management/striven-profile/)

- Overall rating: 4.8/5
- Reviews: 130
- Starting price: $35.00/month
- Best for: Small businesses
- Free trial: Available
- Free demo: Not available

#### Overview

Striven is a cloud-based, all-in-one business management ERP platform built for small and midsize companies tired of duct-taping popular accounting tools, a CRM, a project tool,

[Read more](/project-management/striven-profile/)

#### Features

##### Best rated features

- Routing: 5/5
- Document Storage: 5/5
- Milestone Tracking: 5/5
- Percent-Complete Tracking: 5/5

##### Worst rated features

- API: 1/5

[See all features](/project-management/striven-profile/#key-features)

#### Pricing

##### Standard

- Price: $35.00/month
- The plan is based on the number of users.

##### Enterprise

- Price: $70.00/month
- The per-user price decreases as the number of users increases.

[See full pricing details](/project-management/striven-profile/#pricing-and-plans)

---

### [M3 Accounting Core](/accounting/m3-profile/)

- Overall rating: 4.7/5
- Reviews: 11
- Free trial: Not available
- Free demo: Not available

#### Overview

M3 Accounting Core Software is a cloud-based accounting solution that helps streamline financial operations for small to large businesses in the hospitality industry. The software

[Read more](/accounting/m3-profile/)

#### Features

##### Best rated features

- Expense Tracking: 5/5
- Transaction Management: 5/5
- Accounts Payable: 5/5
- Billing & Invoicing: 5/5

[See all features](/accounting/m3-profile/#key-features)

---

### [Deltek Ajera](/bi/deltek-ajera-profile/)

- Overall rating: 3.6/5
- Reviews: 62
- Free trial: Not available
- Free demo: Not available

#### Overview

Deltek Ajera is a project management and project-based accounting system that helps small architecture and engineering firms get paid faster, keep projects profitable, and see

[Read more](/bi/deltek-ajera-profile/)

#### Features

##### Best rated features

- Budget Management: 5/5
- Multiple Projects: 5/5
- Invoice History: 5/5
- Project Planning/Scheduling: 5/5

##### Worst rated features

- Timesheet Management: 4/5
- Collaboration Tools: 4/5

[See all features](/bi/deltek-ajera-profile/#key-features)

---

### [Versa Cloud ERP](/accounting/versaccounts-profile/)

- Overall rating: 4.8/5
- Reviews: 23
- Starting price: $0.00/month
- Free trial: Not available
- Free demo: Not available

#### Overview

Versa is Modern all-in-one Cloud ERP software created for fast growing inventory heavy manufacturing, distribution, and e-commerce businesses moving to the next level. 

Versa

[Read more](/accounting/versaccounts-profile/)

#### Features

##### Best rated features

- Reporting/Analytics: 5/5
- Search/Filter: 5/5
- Inventory Control: 5/5
- Inventory Management: 5/5

[See all features](/accounting/versaccounts-profile/#key-features)

---

### [Deltek Costpoint](/project-management/deltek-costpoint-profile/)

- Overall rating: 3.9/5
- Reviews: 215
- Free trial: Available
- Free demo: Not available

#### Overview

Deltek Costpoint is an ERP for government contractors that gives firms the speed, clarity, and control to manage complex contracts from pursuit through closeout. It connects

[Read more](/project-management/deltek-costpoint-profile/)

#### Features

##### Best rated features

- Compliance Management: 5/5
- Collaboration Tools: 5/5
- Task Management: 5/5
- Project Planning/Scheduling: 5/5

[See all features](/project-management/deltek-costpoint-profile/#key-features)

---

### [Sage Construction Suite](/product/185440-Sage-Construction-Suite/)

- Overall rating: 4.0/5
- Reviews: 1,061
- Best for: On the rise
- Free trial: Not available
- Free demo: Not available

#### Overview

The Sage Construction Suite unites the critical functions of your business to help you build smarter, operate more efficiently, and drive profitable growth. Built on 50+ years of

[Read more](/product/185440-Sage-Construction-Suite/)

##### What users love

- Tailored for construction needs
- Robust accounting for construction
- Integrated project management tools

##### To take in mind

- Slow and inconsistent support experience
- Limited and complex reporting
- Steep learning curve and complexity

#### Features

##### Best rated features

- API: 5/5
- Reporting & Statistics: 5/5
- Project Scheduling: 5/5
- Customizable Reports: 5/5

[See all features](/product/185440-Sage-Construction-Suite/#key-features)

---

### [Deltek Vantagepoint](/reporting-tools/deltek-vantagepoint-profile/)

- Overall rating: 4.0/5
- Reviews: 490
- Free trial: Not available
- Free demo: Not available

#### Overview

Deltek Vantagepoint is an AI-powered, project based ERP that helps architecture, engineering, and consulting firms manage projects and financials in one application — so teams gain

[Read more](/reporting-tools/deltek-vantagepoint-profile/)

##### What users love

- Comprehensive project oversight tools
- Flexible and adaptable customization options
- Efficient time and task tracking

##### To take in mind

- Complex and unintuitive reporting tools
- Outdated interface and update issues

#### Features

##### Best rated features

- Employee Management: 5/5
- Activity Dashboard: 5/5
- Customizable Invoices: 5/5
- Project Accounting: 5/5

[See all features](/reporting-tools/deltek-vantagepoint-profile/#key-features)

---

### [Aplos](/nonprofit/aplos-profile/)

- Overall rating: 4.4/5
- Reviews: 189
- Starting price: $79.00/month
- Best for: Value for money
- Free trial: Available
- Free demo: Not available

#### Overview

Aplos is a dedicated accounting solution engineered specifically for the unique financial demands of nonprofit organizations. We understand the complexities of managing restricted

[Read more](/nonprofit/aplos-profile/)

#### Features

##### Best rated features

- Financial Analysis: 5/5
- Customizable Templates: 5/5
- Reporting/Analytics: 5/5
- Customizable Reports: 5/5

[See all features](/nonprofit/aplos-profile/#key-features)

#### Pricing

##### Lite

- Price: $79.00/month

##### Core

- Price: $129.00/month

##### Advanced

- Price: Custom
- Pricing available upon request

[See full pricing details](/nonprofit/aplos-profile/#pricing-and-plans)

---

### [Sage X3](/manufacturing/sage-x3-profile/)

- Overall rating: 4.4/5
- Reviews: 171
- Best for: Ease of use
- Free trial: Not available
- Free demo: Not available

#### Overview

Sage X3 is a powerful ERP software solution designed for midsized national and global manufacturers, distributors, and after-sales providers and can establish a foundation for your

[Read more](/manufacturing/sage-x3-profile/)

#### Features

##### Best rated features

- Multiple Projects: 5/5
- Serial Number Tracking: 5/5
- Cash Management: 5/5
- Supplier Management: 5/5

##### Worst rated features

- Data Visualization: 1/5
- Real-Time Reporting: 1/5
- Performance Metrics: 1/5
- Enterprise Asset Management: 1.8/5

[See all features](/manufacturing/sage-x3-profile/#key-features)

---

### [BQE CORE Suite](/accounting/bqe-core-accounting-profile/)

- Overall rating: 4.5/5
- Reviews: 796
- Best for: Customer support
- Free trial: Available
- Free demo: Not available

#### Overview

BQE CORE is a cloud-based accounting and invoicing software designed for architecture, engineering, and consulting firms. The platform enables users to streamline operations and

[Read more](/accounting/bqe-core-accounting-profile/)

##### What users love

- Responsive and knowledgeable support team
- Intuitive and adaptable interface design
- Flexible and efficient invoicing tools

##### To take in mind

- Limited and confusing reporting options
- Challenging migration and workflow issues
- Frequent lag and slow loading times

#### Features

##### Best rated features

- Budgeting/Forecasting: 5/5
- Percent-Complete Tracking: 5/5
- Real-Time Data: 5/5
- Client Management: 5/5

##### Worst rated features

- Gantt/Timeline View: 1/5
- Cost Estimating: 2/5
- Forecasting: 2/5

[See all features](/accounting/bqe-core-accounting-profile/#key-features)

#### Pricing

##### Foundations

- Price: Custom
- Pricing available upon request

[See full pricing details](/accounting/bqe-core-accounting-profile/#pricing-and-plans)

---

### [Jedox](/business-performance-managemen/jedox-profile/)

- Overall rating: 4.4/5
- Reviews: 119
- Starting price: $160.00/month
- Best for: Financial Reporting
- Free trial: Not available
- Free demo: Not available

#### Overview

Jedox is the world’s most adaptable planning and performance management platform that empowers organizations to deliver plans that outperform expectations. From FP&A to broader

[Read more](/business-performance-managemen/jedox-profile/)

#### Features

##### Best rated features

- Multi-Company: 5/5
- Self-Service Reporting: 5/5
- Chart of Accounts: 5/5
- Multi-Currency: 5/5

##### Worst rated features

- Tax Management: 3.6/5
- Data Import/Export: 4/5

[See all features](/business-performance-managemen/jedox-profile/#key-features)

---

### [SAP S/4HANA Cloud](/accounting/sap-s-4hana-cloud-profile/)

- Overall rating: 4.3/5
- Reviews: 358
- Best for: Features
- Free trial: Available
- Free demo: Not available

#### Overview

SAP S/4HANA Cloud is a cloud-based and on-premise enterprise resource planning (ERP) solution. It is suitable for small, midsize and large businesses in industries such as

[Read more](/accounting/sap-s-4hana-cloud-profile/)

##### What users love

- Robust real-time data handling
- Versatile business system connectivity
- Comprehensive financial process automation

##### To take in mind

- Challenging and unintuitive interface
- Steep learning and onboarding demands
- Occasional lag and slow response

#### Features

##### Best rated features

- Dashboard: 5/5
- Enterprise Asset Management: 5/5
- Portfolio Management: 5/5
- Integrated Business Operations: 5/5

##### Worst rated features

- BOM Creation: 2.3/5
- Distribution Management: 4/5
- Cost Tracking: 4/5
- Collaboration Tools: 4/5

[See all features](/accounting/sap-s-4hana-cloud-profile/#key-features)

#### Pricing

##### Plan

- Price: Custom
- Pricing available upon request
- Pricing not available

[See full pricing details](/accounting/sap-s-4hana-cloud-profile/#pricing-and-plans)

---

### [JobBOSS²](/manufacturing/jobboss2-profile/)

- Overall rating: 4.2/5
- Reviews: 867
- Best for: Customer support
- Free trial: Not available
- Free demo: Not available

#### Overview

JobBOSS² is a job shop management software designed for custom manufacturers and machine shops. It supports make-to-order manufacturers in industries such as fabrication,

[Read more](/manufacturing/jobboss2-profile/)

##### What users love

- Responsive and knowledgeable support team
- User-friendly and intuitive interface
- Accessible training and onboarding resources

##### To take in mind

- Limited and inflexible reporting tools
- Challenging document and data handling
- Cumbersome and limited navigation options

#### Features

##### Best rated features

- Multi-level BOM: 5/5
- Document Storage: 5/5
- Document Coding & Control: 5/5
- Item Management: 5/5

[See all features](/manufacturing/jobboss2-profile/#key-features)

---

### [Acumatica Cloud ERP](/manufacturing/acumatica-manufacturing-profile/)

- Overall rating: 4.4/5
- Reviews: 243
- Best for: Popular
- Free trial: Not available
- Free demo: Not available

#### Overview

Acumatica Cloud ERP is a comprehensive business management system. It caters to a variety of industries, such as finance, manufacturing, construction, distribution, and retail,

[Read more](/manufacturing/acumatica-manufacturing-profile/)

##### What users love

- Flexible customization for workflows
- Robust third-party integrations support
- User-friendly and intuitive interface

##### To take in mind

- Significant costs for small businesses

#### Features

##### Best rated features

- Inventory Auditing: 5/5
- Project Accounting: 5/5
- Multi-Company: 5/5
- Manufacturing Planning: 5/5

[See all features](/manufacturing/acumatica-manufacturing-profile/#key-features)

---

### [TimeSuite](/construction/timesuite-profile/)

- Overall rating: 5/5
- Reviews: 6
- Free trial: Not available
- Free demo: Not available

#### Overview

Designed for construction businesses, TimeSuite is a cloud-based platform that helps manage job costing, inventory transactions, resource scheduling and more. The solution offers

[Read more](/construction/timesuite-profile/)

#### Features

##### Best rated features

- Contract/License Management: 5/5
- General Ledger: 5/5
- Budget Tracking: 5/5
- Accounting Integration: 5/5

##### Worst rated features

- Timesheet Management: 3/5

[See all features](/construction/timesuite-profile/#key-features)

---

### [Global Shop Solutions](/manufacturing/onesystem-profile/)

- Overall rating: 4.1/5
- Reviews: 72
- Free trial: Not available
- Free demo: Not available

#### Overview

Global Shop Solutions provides a comprehensive suite of enterprise resource planning (ERP) tools and solutions designed to help manufacturers simplify their operations from quote

[Read more](/manufacturing/onesystem-profile/)

#### Features

##### Best rated features

- Shop Floor Management: 5/5
- Inventory Tracking: 5/5
- Drag & Drop: 5/5
- Production Scheduling: 5/5

##### Worst rated features

- Safety Management: 1/5
- Accounting Integration: 3/5
- ERP integration: 3.5/5
- HR Management: 4/5

[See all features](/manufacturing/onesystem-profile/#key-features)

---

### [TimeSolv Legal Billing](/product/423485-TimeSolv-Legal-Billing/)

- Overall rating: 4.7/5
- Reviews: 647
- Starting price: $42.74/month
- Best for: Value for money
- Free trial: Available
- Free demo: Not available

#### Overview

TimeSolv is a cloud-based legal time tracking and billing solution that caters to law firms, accountants, consultants, architects, and freelancers, helping them manage daily

[Read more](/product/423485-TimeSolv-Legal-Billing/)

##### What users love

- Intuitive and user-friendly interface
- Responsive and hands-on support
- Flexible and efficient billing tools

##### To take in mind

- Invoice customization and clarity issues

#### Features

##### Best rated features

- Document Capture: 5/5
- Third-Party Integrations: 5/5
- Fee Calculation & Posting: 5/5
- Archiving & Retention: 5/5

##### Worst rated features

- Reporting/Analytics: 3/5
- Collaboration Tools: 3/5
- Activity Dashboard: 3.3/5

[See all features](/product/423485-TimeSolv-Legal-Billing/#key-features)

#### Pricing

##### TimeSolv Legal (1-4 Users)

- Price: $47.50/month
- The plan can be billed on a monthly or annual subscription. Volume discounts apply.

##### TimeSolv Legal (5-14 Users)

- Price: $45.12/month
- The plan is billed on a monthly subscription.

##### TimeSolv Legal (15+ Users)

- Price: $42.74/month
- The plan is billed on a monthly subscription.

[See full pricing details](/product/423485-TimeSolv-Legal-Billing/#pricing-and-plans)

---

### [MRI Fixed Asset Management](/accounting/series4000-profile/)

- Overall rating: 4.6/5
- Reviews: 48
- Starting price: $3,000.00/year
- Free trial: Not available
- Free demo: Not available

#### Overview

MRI Fixed Asset Accounting is an on-premise and cloud-based fixed asset accounting solution for small, mid-sized and large enterprises. Real Asset Management, the software vendor

[Read more](/accounting/series4000-profile/)

#### Features

##### Best rated features

- Asset Lifecycle Management: 5/5
- Reporting & Statistics: 5/5
- Barcoding/RFID: 5/5
- Location Tracking: 5/5

##### Worst rated features

- Barcode/Ticket Scanning: 4/5

[See all features](/accounting/series4000-profile/#key-features)

---

### [Dynamics 365 Business Central](/accounting/dynamics-365-business-central-profile/)

- Overall rating: 4.1/5
- Reviews: 211
- Starting price: $8.00/month
- Free trial: Not available
- Free demo: Not available

#### Overview

Microsoft Dynamics 365 Business Central is a cloud-based enterprise resource planning (ERP) software solution designed for midsize organizations to streamline business operations

[Read more](/accounting/dynamics-365-business-central-profile/)

#### Features

##### Best rated features

- Contract/License Management: 5/5
- Resource Management: 5/5
- Multi-Currency: 5/5
- BOM Creation: 5/5

[See all features](/accounting/dynamics-365-business-central-profile/#key-features)

---

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## Send me a copy of this list to my inbox

### Get a copy of this list with pricing info sent to your inbox so you can pick up where you left off when convenient to you.

The project accounting software market is extremely complex. With such a large number of vendors, products and vertical industries in the space, it can be overwhelming to look for the right solution without some guidance. Specific reporting capabilities, simultaneous project support and other optional functions also need to be considered. As the list of variables go on, the selection process only gets more difficult. We wrote this guide to help buyers with these questions.

Here’s what we’ll cover:

-   [What is project accounting software?](#Whatisprojectaccountingsoftware)
    
-   [What type of buyer are you?](#Whattypeofbuyerareyou)
    
-   [What are the benefits and potential issues project accounting software?](#Whatarethebenefitsandpotentialissuesprojectaccountingsoftware)
    
-   [What are the market trends of project accounting software?](#Whatarethemarkettrendsofprojectaccountingsoftware)
    
-   [The vendor landscape](#Thevendorlandscape)
    

## What is project accounting software?

Project accounting software helps track relevant data for projects carried out by an organization. The systems can help pinpoint what makes a project profitable, how workflow can be improved and how costs can be minimized. Several different industries have project-based work schedules. These include:

-   Law
    
-   Engineering
    
-   Software development
    
-   Advertising
    
-   Construction
    

Project accounting software ensures financial responsibility by comparing expenses to project budgets. If costs begin to exceed expectations, automatic alerts can help team members correct the error as soon as possible. Project accounting software can often be combined with other applications such as project billing software and project management software. The ideal project solution varies by industry or project size.

## What type of buyer are you?

Different organizations have different priorities and requirements in finding the right system. Here are the main categories of software buyers:

**Enterprise buyer.** These buyers work for organizations that have invested in or are considering an enterprise resource planning (ERP) suite. They value complete integration across all departments and units. They typically purchase projects from ERP software companies.

**Industry-focused buyer.** These buyers usually have specific billing methods in mind when they are considering software. For example, construction companies and consulting firms likely need to evaluate systems with different billing methods.

**Small business buyer.** Buyers from smaller organizations should make sure to limit their consideration to systems aimed at their size and workflow requirements.

## What are the benefits and potential issues project accounting software?

A well-implemented system allows for better record keeping and insight. When users leverage these benefits effectively, organizations can realize increased profitability, lower costs and other advantages. Project accounting systems should yield:

**Increased visibility.** With the right system, the costs and budget of each project should be readily available. The system should provide information that makes it much easier to ensure that each project’s budget has not been exceeded.

**Solid reporting capabilities.** Clients want to know that projects have gone well, and have not been conducted wastefully. With a good reporting function, software can make client reporting far easier and effective.

**Time tracking.** To support billing processes, project-focused organizations need to track the amount of time they spend carrying out projects, so the right amount of billing can take place. Project accounting software can track hours to ensure that no time has been wasted, and that all due payment is tracked.

**Scheduling.** Projects cannot be successful if they are not correctly scheduled. With scheduling taking place in conjunction with billing and accounting, project accounting software eliminates scheduling mistakes and links expenses to particular moments in time.

## What are the market trends of project accounting software?

**Increased vertical specialization.** Over time, project accounting software has become increasingly specialized on vertical industries, adding value according to unique workflow types. Systems are catering to the specific needs of engineering firms, law firms, nonprofits, construction companies and others. Make sure to keep this in mind when evaluating systems.

**Globalization.** As with many different enterprise resource planning (ERP) systems, it is often critical to support the demands of international business. This includes the ability to store information on multiple currency types and multiple different business entities.

**Software as a Service (SaaS).** SaaS is lowering costs and speeding up implementation for buyers by offering Web-based software hosted by the software company. Billing is structured as a monthly fee, rather than a large up-front investment; as a result, many more companies are able to afford system earlier.

**Business intelligence.** As business intelligence becomes a bigger part of business solutions across the board, it also affects project accounting software. With business intelligence programs, relevant data can be organized and analyzed more efficiently, helping users prioritize projects and structure their strategies accordingly. Keep an eye open for systems with cutting-edge BI tools.

## The vendor landscape

The software vendor landscape is always changing. Different buyer types should examine groups of systems specific to their preferences and needs.

| Feature | Description |
| --- | --- |
| This type of buyer... | Should evaluate these systems |
| Enterprise buyer | Microsoft Dynamics AX, Epicor Financial Management, SAP |
| Industry-focused buyer | Microsoft Dynamics NAV, Microsoft Dynamics SL, Sage Accpac, Sage MIP Fund Accounting, FastFund Nonprofit, Vertex Financial Manager, Deltek Vision, Lawson S3 Financial Management |
| Small business buyer | Microsoft Dynamics SL, SAP Business One, Intacct Financials, Sage MAS 500, Sage Pro ERP, Sage MAS 90/200 |

---

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