Project Accounting that ties every cost to the deal that earned it
Track cost, revenue and margin by deal, shipment, contract or campaign in real time. opsPhlo Project Accounting turns scattered job costs into a live, auditable picture of where you make money and where you lose it.
Deal-level profitability, not just a year-end number
Most trading houses know their overall P&L. Few can say, with confidence, what each individual deal actually earned once freight, finance, demurrage, quality claims and overheads landed. opsPhlo Project Accounting closes that gap.
Every cost and revenue line is tagged to a project: a deal, a vessel, a contract, a customer campaign or an internal initiative. As the trade lifecycle unfolds, budgeted versus actual figures update automatically from contracts, logistics, inventory and finance, so margin is always current rather than reconstructed weeks later.
Job costing built for the trade lifecycle
Project Accounting is part of opsPhlo's integrated ERP, so it draws live data from the same contracts, shipments, inventory and ledgers your team already works in. No re-keying, no parallel spreadsheets.
Budget vs Actual
Set a cost and revenue budget per deal, then watch actuals post against it as the trade moves. Variances surface early, while you can still act.
Cost Capture
Capture freight, insurance, finance, storage, demurrage, surveyor and quality costs against the relevant deal as they are incurred.
Cost Allocation
Spread shared and overhead costs across deals, vessels or warehouses using rules you define, so blended cargoes carry a fair charge.
Revenue Recognition
Recognise revenue and accruals in line with delivery and contract milestones, keeping the ledger and the deal view in step.
Profitability Reporting
Slice margin by deal, trader, commodity, counterparty, region or entity. Drill from a headline figure down to a single posted cost.
Audit Trail
Every figure traces back to its source document and the user who entered it, giving auditors and financiers a clean, defensible record.
One source of truth from contract to cash
Because Project Accounting sits inside opsPhlo's CTRM and ERP, it shares data with trading, logistics, inventory, treasury and finance. The cost you record once flows everywhere it is needed.
- No reconciliation between a costing spreadsheet and the general ledger
- Live margin per deal instead of a backward-looking month-end view
- Start with core deal costing, add allocation and recognition over time
- A Total Cost of Operation less than one-fifth of traditional systems like SAP
From deal open to closed-out margin
Open the project
A deal, contract or shipment becomes a project with a budget. Estimated costs and expected revenue are set as the baseline.
Post costs as they land
Freight, finance, storage, demurrage and quality costs post against the project from across opsPhlo, with shared costs allocated by rule.
Track margin live
Budget versus actual updates in real time. Variances and at-risk deals flag early, so commercial and finance teams can respond.
Close out and report
Recognise revenue, settle accruals and close the project. Final profitability feeds dashboards and the consolidated ledger.
I can generate reports at the click of a finger and export any data I want. I know exactly what each deal cost us and what it earned, without waiting for the month-end close. The system is very user friendly.
Better together with the rest of opsPhlo
Financial Management
Project costs and revenue flow straight into the general ledger, payables and receivables for a single, reconciled set of books.
Explore Financial ManagementMulti-Entity Accounting
Consolidate deal-level profitability across trading entities, currencies and intercompany flows without manual workpapers.
Explore Multi-Entity AccountingReporting & Dashboards
Turn project profitability into live dashboards for traders, finance and leadership, with drill-down to the underlying postings.
Explore Reporting & DashboardsQuestions, answered
What counts as a project in opsPhlo?
A project can be anything you want to measure profitability against: an individual deal, a vessel or shipment, a long-term contract, a customer campaign or an internal initiative. Costs and revenue are tagged to it so margin can be tracked end to end.
How is Project Accounting different from our general ledger?
The general ledger answers how the business performed overall. Project Accounting answers how each deal performed, allocating shared and overhead costs so you see true margin per project. Both stay in step because they share the same opsPhlo data, with no separate reconciliation.
Can we start small and add capability later?
Yes. Most clients begin with core deal costing and budget versus actual, then add cost allocation, revenue recognition and richer reporting over time. This progressive approach keeps go-live fast and risk low.
Does it handle multiple entities and currencies?
Yes. Project profitability consolidates across entities and currencies, and works alongside opsPhlo Multi-Entity Accounting for intercompany flows and group reporting.
See your true margin, deal by deal
Book a demo and we will show you how opsPhlo Project Accounting turns scattered job costs into live, auditable profitability for every trade.