Timetta keeps track of actual costs, revenues, expenses, and billing.
Timesheets, act of acceptance, cost requests, and invoices are implemented for
this purpose. Timetta controls deviations from the plan, reducing the burden
on financial managers.
Full lifecycle management and workflow for document approvals are implemented.
Once approved, actuals are reflected in financial reports.
Actual accounting is tightly integrated into the project management process
and is monitored by the project team and finance managers.