Project accounting

Financial Clarity for Confident Decisions

Unify your project accounting with multi-currency P&L reporting, accurate revenue forecasts, and precise margin analysis. Know exactly where your business stands and where it's headed.

Project accounting in VOGSY profits are up
Financial budgets in VOGSY

Financial budgets

Set your financial targets for your different revenue streams and costs

Set clear financial goals and track progress. Define financial targets for various revenue streams and cost centers to monitor performance and ensure your business stays on its financial track.

Work in progress in VOGSY

WIP: carry forward time, or write off time

Decide whether hours on draft invoices should be invoiced in the next batch or written off

Manage unbilled hours with precision. Easily decide whether to carry forward unbilled hours on draft invoices to the next billing cycle or write them off, ensuring accurate Work-in-Progress accounting.

Flexible revenue recognition in VOGSY

Revenue recognition

Flexible revenue recognition, including valuation of work in progress

Recognize revenue accurately and flexibly. Implement adaptable revenue recognition methods, including the valuation of work in progress, to comply with accounting standards and gain true financial insight.

AR and payments reconciliation v2 in VOGSY

AR & Payments reconciliation

Monitor your accounts receivable and compare them to your bank statements

Keep your receivables in check. Efficiently monitor your accounts receivable and reconcile payments with bank statements to maintain a healthy cash flow and accurate financial records.

Revenue forecast icon in VOGSY

Revenue forecasting

Get a grip on future revenue per revenue type, including forward-looking invoicing.

Predict future income with confidence. Gain clear insight into upcoming revenue streams, broken down by type, and incorporate forward-looking invoicing for more accurate financial planning.

Margin forecasting icon in VOGSY

Margin forecasting

Monitor past, present, and future margins for departments, revenue streams, customers, and projects.

Understand and optimize your profitability. Track and forecast margins across departments, revenue streams, customers, and individual projects to identify profit drivers and areas for improvement.

P&L reporting icon in VOGSY

P&L reporting

Set up charts and reports that monitor your realization against your financial targets. Report simultaneously in your company's base currency and in the currencies of your operating companies.

Gain comprehensive P&L insights. Generate detailed profit and loss reports that track actual performance against financial targets, with simultaneous reporting in your base currency and local operating currencies.

Take Control of Your Project Finances. Optimize profitability and forecast with confidence

Master your margins, from WIP to P&L. Get started today

Or do you want to read our "The ultimate guide to international project accounting"?