Project Accounting Suite (PAS) is an extension for SAP Business One that helps streamline project management processes like project setup, time and expense tracking, cost and revenue allocation, project billing, and revenue recognition. It provides tighter control over these processes and allows for easy performance tracking through features like a project setup tool, web-based time and expense reporting, project-level billing, and real-time dashboard reporting. PAS is a certified solution that helps professional services firms and other project-oriented organizations get more out of their SAP Business One investment.

1. Project Accounting Suite
Extend SAP® Business One to Streamline Project Management and Maximize Performance
Project Accounting Suite (PAS) helps streamline business processes
involved in the project life cycle; from project set up, to labor and
expense capture, cost and revenue allocation, project based billing,
revenue recognition and project reporting. With tighter control of
processes within SAP Business One and easy performance tracking, PAS
is a critical tool you should have in your Professional Services toolkit.
Key Functional Areas of PAS:
 Project Set-up - Create simple projects or multiple-level, complex
projects. Establish budgets and assign resources at each level.
 Web Based Time & Expense Reporting - Capture labor and out-of-
pocket expenses in real time. This enables project managers to
be noti ed of over budget conditions as they occur so they can
proactively manage variances rather than reacting after the fact.
 Cost and Revenue Allocations – Use standard SAP Business One
Transactions to assign and allocate costs to the project.
 Project Based Billing – support Time & Material, Milestone,
Percent Complete and Progress billing on a project level, or
assign speci c billing rules to di erent phases within the project.
 Revenue Recognition – recognize revenue o cycle to when bills
are calculated using exible rules including; a Calendar Schedule,
Percentage of Completion and As Earned Time and Materials.
 Project Reporting – Analyze resource utilization and realization
Also Available from Third Wave:
in real time, monitor project portfolio performance through a
library of dashboards, operational reports, budget versus actual  Productivity
reports and project pro tability reports.  Business Intelligence
 Marketing Management
Third Waves’s Project Accounting Suite (PAS) is a SAP Certi ed solution  Payment Solutions
 360° Order-to-Cash
that extends the power of SAP Business One for Professional Services
 Shipping Management, and
rms and other project oriented organizations.  Chargeback Processing
Third Wave is committed to helping you get the most out of your SAP
Business One investment with our suite of SAP Certi ed Business One
solutions.
Third Wave Business Systems
(201) 703-2100 www.twbs.com

2. Project Set-up
Move beyond simple job costing and e ciently
manage all the details of every project. Even
complex projects are easy to set-up. Simply assign
resources and and budgets for all project tasks.
Then, update actuals and see the big picture all
from within SAP Business One.
Project Summary
Get a snapshot of all your project
details and easily make changes,
all in one easy-to-read screen.
Project Reporting
Real-time dashboard reporting keeps you on
top of all the details. Choose the dashboard
that works best for you.
PAS comes with a library of reporting formats to
choose from. Get the information you need in
the format you want, including project pro tability,
actual vs. budget, operational reports, and more.
Third Wave Business Systems
1680 Route 23, Suite 320
Wayne, New Jersey 07470
(201) 703-2100 www.twbs.com