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Financial management software
Project Accounting Software That Eliminates Cost Overruns and Improves Margins
When project, finance and resource data live in silos, cost overruns and margin erosion follow.
Access Project Accounting software unifies financial and project data in real time, giving your project-based business the visibility it needs to:
- Control costs
- Bill accurately
- Understand true project profitability at every stage of delivery
What is Access Project Accounting?
Access Project Accounting is a cloud-based solution that combines project management, resource planning, time and expense capture, purchasing, billing and accounting into a single, integrated system.
It is designed for project-based organisations that need accurate, real-time insight into costs, revenue, work in progress (WIP) and profitability, without relying on disconnected spreadsheets or manual reconciliation.
Turn real‑time project data into predictable margins
Project-based businesses can use project accounting software to get instant project costings, resource scheduling, expense tracking, and so much more. Access Financials is helping you become technically agile and ready to deliver future projects confidently as your business grows.
You're in safe hands
Designed, developed and hosted on our UK-based industry-leading cloud, our accounting software complies with the latest UK regulations, including IPO, GDPR, Digital tax, Open banking and UK statutory reporting requirements.
Enterprise-level security keeps your data safe from threats, data loss and leaks. And because it’s cloud-based, you and your team can access your project accounting software anywhere, on any device – safe in the knowledge that you’re always working on the latest version, have the latest data to hand, and have 24/7 UK-based support on hand.
What’s more, the project accounting software feature in Access Financials is available through Access Workspace, so all your software, data and processes are in one place for greater productivity.
Ready to start gaining real‑time control over project profitability?
Project accounting built for your sector
For Professional Services organisations
Access Project Accounting supports professional services firms that rely on time-based billing, resource utilisation and predictable margins.
It helps firms:
- Track billable vs non-billable time accurately
- Monitor project profitability in real time
- Improve utilisation and forecasting across teams
- Bill clients faster and more accurately
For Construction and Project‑led delivery
For construction and delivery-focused organisations, Access Project Accounting provides control over cost codes, committed spend, WIP and progress‑based billing.
It enables teams to:
- Track costs against budgets as work progresses
- Manage variations and their financial impact
- Improve cost-to-complete accuracy
- Maintain visibility across multiple concurrent projects
Project accounting software gives Brown & Co tangible information
We can review the business not just based on gut feeling, but based on tangible information. When it comes to project management and looking at how people manage our projects and how effective they are with those projects, there’s no doubt in the data because it’s in one place.
Alton Nutile, Commercial Operations Director at Brown & Co
Project accounting software FAQs
What is the difference between project accounting and financial accounting?
Project accounting, also known as project cost accounting, is the process of tracking, reporting and analysing the financial transactions of each project. Standard business accounting is focused on tracking the financials by department or revenue stream. While general financial accounting covers revenues and expenses, project accounting includes more specific financial details as well as project progress.
What is project accounting?
Project accounting refers to the accurate tracking of costs incurred throughout a project’s lifespan, managing billing and reporting on revenue.
Managing project finances effectively means keeping costs under control and optimising revenue.
Good project finance software, such as Access Financials, gives your team the tools to plan and manage projects easily and profitably. Our project finance software provides project costings, resource scheduling, expense tracking and accounting; you can quickly identify if a project is on budget and adjust to avoid any overspending.
Interested in finding out more? Read our article on "What is project accounting?" and get our guide on how to optimise project management, reduce costs and improve profitability.
What is project accounting software?
With online project accounting software, you can generate financial reports that include revenues and costs broken down by project and down to project phases, tasks or cost centres. And because costs and revenues are recorded day-to-day, project costing and accounting software can show if projects are within budget, under-running or over-running.
Take a look at the features of our project based accounting software.
What is the best project accounting software?
There are many project accounting software’s out in the market but the best project accounting software for your business depends on your business needs. When looking at project accounting software, you need to consider:
- Number of active projects
- Value of projects
- Stakeholders involved
- Cost of internal employees time
- Integration with main finance system
- Accessibility
Our article 'Best project accounting software' goes into detail about the considerations above.
Other features available
Explore the other solutions in our cloud-based financial management software and how they could benefit your organisation.
Resources and advice for project-based accounting businesses
What is the best project accounting software?
In this article, we explore the considerations you need to keep in mind when looking for the best project accounting software for your business.
Protecting project profitability
In this guide you'll learn to improve your resource scheduling, get control of project costs, capture time and expense information quickly and easily, and deliver fast and accurate billing.
Why successful businesses still lose revenue
How tightly does your business monitor every cost, every expenditure, every charge, every business expense? Find out how to keep a close eye on everything and spot problems quickly.
What is project accounting?
Top project accounting software in 2025
Find out what is the best project accounting software for your business and what to consider when choosing your project accounting software this year.
Best practices for managing project finances
Project Budget Management: The Complete Guide
No matter what industry you work in, project management issues seem to be a constant problem for business profitability. Find out how to plan and track project budget to increase profitability.