Finance
See which projects make money, while you can still do something about it.
Budget, hours, sales and purchases sit side by side on each project, and Xero is kept in step, so you spot a project going wrong while you can still put it right.
You find out at the year end which projects lost money
By then nothing can be done. Most practices only know a project's profit when the accountant closes the year.
In Archian
Every project carries its budget, its hours, its sales and its purchases, so the gross profit updates as people book their time. You act in the month a project goes wrong, not the year after.
The practice runs on six apps and a spreadsheet
The same project is typed into each one. The numbers disagree, and you do the joining-up in the evenings.
In Archian
Each project is in one place. The quote, the time, the invoice and the bills are the same figures, and Xero is kept in step. The numbers agree, and the evenings come back.
What you can do
- Compare each project's budget with what really happened, month by month.
- Raise invoices from the project, and see who hasn't paid.
- Raise purchases, and see what you owe suppliers and sub-consultants.
- Plan payroll, the company budget and every project's budget in the Planner.
- See profit and loss, cash flow and the balance sheet, for one project or the whole practice.
- Let staff make claims for expenses and mileage, and approve them.
- Send sales and purchases to Xero, and take payments back, with nothing typed twice.
See it on your own projects.
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