💳 Projects & Tender — Project-Based Accounting

Control Costs. Recognise Revenue. Measure Project Profitability.

Delivers financial clarity across individual projects and portfolios — from commitment tracking to revenue recognition — tailored for complex contracting models.

Project-Based Accounting
Key Capabilities

Everything You Need in One Module

Purpose-built features covering your entire Project-Based Accounting workflow — out of the box.

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Commitment & PO Linking

Connect purchase orders and change orders directly to project budgets for real-time committed cost visibility.

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Flexible Revenue Recognition

Support percentage-of-completion, milestone, and completed-contract revenue recognition methods — configurable per contract.

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Timesheet & Cost Capture

Sync labour hours and overhead allocation from timesheets directly to project cost ledgers in near real time.

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Project Profitability & Forecasting

Dashboards tracking earned margin, burn rates, and cost-to-complete forecasts for every active project.

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Change Order Accounting

Capture approved scope changes, link them to revised budgets and contracts, and track their financial impact automatically.

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Automated Project Invoicing

Generate milestone and progress invoices automatically based on approved billing events, with tax and retention handling.

Business Impact

Why Teams Choose Ultro Project-Based Accounting

Real outcomes for real businesses — measurable results from day one.

Faster Financial Close

Automated cost allocation and real-time data capture compress project accounting cycles and eliminate manual consolidation.

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Transparent Profitability

Project-level P&L visibility lets management identify margin erosion early and take corrective action before close.

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Regulatory Compliance

Built-in audit trails, percentage-of-completion accounting, and EVM reporting satisfy IFRS 15 and other contract standards.

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Cross-Module Integration

Native links to procurement, timesheets, and billing eliminate reconciliation effort and ensure financial accuracy.

Native Integration

Connects Seamlessly With Your Entire Platform

No middleware, no data silos — every module shares the same real-time data layer.

Project Management Tender Estimation Purchase Management HRMS & Timesheets Finance & Accounts Work Completion & Billing

Ready to Transform Your Project-Based Accounting Operations?

See how Ultro streamlines your operations in a live, personalised demo — no generic walkthrough.

Book a Free Demo → ✉️ hello@ultro.ai

No commitment. Configured for your business from day one.