Chapter 11: Project Accounting and Operations
In this final chapter of our book, we are going to turn time into money! The preceding chapters have built everything up to the ability to perform billing and accounting for our work products. In this chapter, you will understand the implications of the billing methods we have chosen and you will see how they drive invoicing.
Furthermore, once billed, the conversation will turn to how we can make use of the data that has been generated. So, let's get this chapter started!
In this chapter, you will learn about the following topics:
- Recap of our learning
- Getting an overview of the billing process
- Invoicing
- Finance and Operations integration
- Costing and profit
- Learning about reporting and analysis
By the end of this chapter, you will know how the project operations system generates project accounting transactions.
