IT Business Solution Based on Microsoft Dynamics 365 Business Central
We present our ERP for IT (Main Unit) solution — purpose-built to address the core needs and unique characteristics of IT industry players. The solution is based on deploying the standard Business Central functionality with localization from Clarity or other regions, a required set of applications, and the ERP for IT (Main Unit) extension.
Accounting Specifics in IT Companies
Why Standard ERP Functionality Often Falls Short for IT Businesses
IT companies operate under a unique business model that is difficult to support effectively within classical ERP systems.
- You have multiple legal entities in different countries
- A single project involves people from different legal entities
- Client contracts are complex and multi-tiered
- Invoicing depends on contract terms or even the client’s own systems
- Financial visibility is required by project and client, not by legal entity
We present our ERP for IT (Main Unit) solution — purpose-built to address the core needs and unique characteristics of IT industry players. The solution is based on deploying the standard Business Central functionality with localization from Clarity or other regions, a required set of applications, and the ERP for IT (Main Unit) extension.
Enhance the efficiency of project-oriented processes with the ERP Suite for IT (Main Unit) extension for Microsoft Dynamics 365 Business Central by Clarity Ukraine.
This solution is designed for IT companies and any organizations that deliver client projects. Combined with other extensions from Clarity Ukraine (Time Reporting for Professional Services, Accounting by Agreements, Cost Allocation, Personnel & Payroll, Multi-Company Documents Exchange), it provides a powerful toolkit for linking projects to contracts, automating unbilled revenue recognition, flexible cost allocation, and optimizing time tracking. The result is a controlled, transparent, and scalable project accounting process.
What You Get
Implementing ERP Suite for IT (Main Unit) delivers the following to your business:
A complete financial picture across projects, clients, and the business
Control over revenues and costs regardless of company structure
Automated billing and invoicing
Consolidated analytics in real time
Readiness for business scaling
How ERP Suite for IT Improves Project Management and Financial Accuracy
Deep Contract-Project Integration
A direct link between each project and the client contract ensures automatic inheritance of parameters such as discounts, payment terms, price lists, and invoicing rules. The solution also supports tracking all project activities within the context of a contract, and recording the client purchase order (PO) number directly at the project level for accurate billing.
Automated Unbilled Revenue Creation and Accounting
Work that has been completed but not yet invoiced can be recorded as unbilled revenue entries. These are fully integrated into financial reporting, ensuring accurate revenue recognition and complete visibility into work-in-progress.
Accurate Payroll Calculation
The solution includes an advanced payroll accrual engine that supports complex compensation models. It enables configuration of benefits, allowances, bonuses, deductions, and other customizable components.
Flexible Cost Allocation Across Projects
Costs can be allocated using any basis: project metrics, volumes, hours, percentages, or custom rules. The system generates detailed general ledger (G/L) entries with a broad set of analytical dimensions that reflect both the allocation object and its basis, ensuring accurate reporting and reconciliation.
Enhanced Time Tracking and Resource Assignment
Improved timesheet management with the ability to assign employees to specific project tasks. This ensures accurate time recording, prevents misallocation of costs, and increases transparency in project planning and execution.
Streamlined Billing Process
Invoice generation based on actual usage, contract terms, or project rules. The system ensures accuracy and prevents discrepancies through automatic application of contract parameters.
