By using project accounting, you can record the details of projects that are being carried out during your accounting year. For example, a project may be an assignment from a customer, a development project or a construction project. Here you can enter a name for the project.
Projects do not necessarily end during year-end closings, like regular income or expense accounts, so that you can follow-up on the project's progress during several years.
MONITOR Basic
If MONITOR Basic is used you will also see the columns Start time, End time and Status where you can, for example, enter project time and finish project.