Engineering consulting
Engineering consulting
Learn about the Engineering Consulting Project Management Program
The engineering consulting project management program covers all engineering consulting activities throughout all project phases, starting from price quotations and contracts, whether design contracts, project supervision contracts, or project management contracts, until the final project delivery to the owners. The program provides you with a complete view of the accounts of the subcontractor, the owners, and various tax and banking transactions. The engineering consulting project management program from the e_WORX ERP software system is considered one of the best programs that fully cover the field of engineering consulting project management. The engineering consulting project management program also covers all project phases, starting from studying the project and preparing a price quotation until the final delivery of the project. The engineering consulting project management program also works to link all parts of the e_WORX ERP programs. Through the engineering consulting project management program, you can make a payment for any extract to the subconsultant and collect any extract for the owner. In addition, the engineering consulting project management program creates daily entries resulting from the creation of extracts automatically without the need to enter entries. The engineering consulting project management program from e_WORX ERP is distinguished from others. The programs are flexible enough to make it possible to bring about change in the company and move from the manual work system as quickly as possible.
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Features of the engineering consulting companies management program
The engineering consulting project management program operates on an ERP system to maintain all financial and administrative transactions for engineering consulting companies. The program features several advantages, the most important of which are:
The e_WORX ERP software for engineering consulting consists of the following main screens:
Projects screen
Through this screen, you can enter project definitions into the system, including project name and owner, and design price quotations with items and prices.
Basic Data Screen
Through the basic data screen, the system identifies project owners and project phases, as well as any discounts and additions made to extracts, whether they are customer extracts or subcontractor extracts.
Esoteric extracts
Subcontractor extracts are generated from the Subcontractor Extracts screen against the completion percentages of the work assigned to them according to the contract terms.
Customer Extracts
Through the Owners Extracts screen, extracts are created for the project owner. An extract can be created for each item individually or a combined extract for a group of items.
Internal Control System Screen
The engineering consulting accounting program is based on an internal control system through a user permissions system.
The engineering consulting program includes an integrated administrative and accounting system for all activities and transactions in engineering consulting companies.
Adjusting accounting entries
An accounting program for engineering consulting companies operates as part of the financial system, linked to the general accounting, treasury, and bank systems. The general accounting system translates all transactions made within the engineering consulting system into accounting entries.
Cost center tree formation
The engineering consulting system allows the user to create a tree directory for cost centers with no specific levels, linking the expense and revenue accounts related to the cost centers (projects), and specifying pre-determined percentages for distributing expense items across projects. An income statement can also be extracted at the level of each project.
Accurate description of projects
The project description phase is one of the most important phases of work on the engineering consulting system for managing engineering consulting projects and long-term contracts. The following data is recorded: (project name, project code, project owner, project manager, implementation timeframe in terms of start and end dates, and the branch of the company implementing the project.)
Detailed description of project items
After entering and describing the project in the system, the project items agreed upon in the contract are described as one of the roles of the company’s technical engineers. There is also the possibility of creating project items in the form of a branching tree that includes a group of main and sub-items for the project. Each project item can also be linked to an independent account in the chart of accounts or to a unified account linked to more than one cost center.
Pricing and Execution Deviations
This is an optional feature used in contracted projects, allowing a detailed price quote to be prepared for each item in the project. It can also be used to plan project profits at the individual item level by setting the initial and expected cost for each item in the project, and extracting reports comparing the standard to the planned and identifying positive and negative deviations.
Determining project deviation
After developing a project plan in terms of cost and target profit margin, Analytical reports are extracted to determine the project deviation in terms of cost, price and profit in detail during the project work to quickly take the correct actions. Reports can also be extracted in aggregate form at the level of more than one project.
Track project cost
By linking project items to the cost center, and this is done by extracting various reports for cost centers, Cost Center Assistant Professor reports can be displayed to show all cost center items in sequence according to the chronological order of occurrence. Also extracting a project cost center report with specific account information.
Owner Relationship Management
Owner relationship management in the e_WORX ERP system begins by defining project owners in a tree-like form divided into groups according to the information needs of system users. Owners can be divided into specific sectors, such as the northern region sector and the southern region sector owners, or according to the parties involved, such as dividing owners into government entities owners, And owners of private sector companies, And the owners are people, and the branching is useful in the degree of detail that is required to be known in the reports.
The owners’ profile page includes the following detailed information:
- Owner’s personal data
- Contractual data
The most important customer management reports
- Detailed Customer Summary Report
- Owner’s statement report.
- Customer Account Balances Report
- Customer balance report.
Extract management in the best engineering consulting accounting program for engineering consulting companies. Extracts are the invoice submitted to the owner and are the most important means of proving revenue in engineering consulting companies. Extracts are divided into: Owner’s extract.
The abstracts include the following data:
- Project data
- Abstract items
- Implementation rate for each item
- Current value implemented
- previous value
- Total port to date
- Net value due for disbursement or collection.
