Free project accounting

With ReAI you get a completely free project accounting tool that gives you a complete overview of budgets, costs and time on each individual project. AI-powered automation ensures correct guidance and ongoing reporting.

Start-up and budgeting

  1. Create project: Define the project name, start and end dates, budget, and customer details.
  2. Set up budget limits: Enter estimated costs for hours, materials, and other expenses.
  3. Assign team: Add employees or vendors and their hourly rate.

Time and cost tracking

Along the way you can:

  • Record hours on specific tasks with the touch of a button.
  • Manage direct costs (travel, materials, subcontractors).
  • Get real-time reporting against budget and alerts for deviations.

Billing per project

ReAI allows you to easily generate:

  • Partial invoice: Invoices proportionally based on progress or hours worked.
  • Final invoice: Include all costs, any discrepancies, and final settlement.
  • Automatic invoice numbering and legally required information are always included.

Reporting and analysis

A complete reporting dashboard shows:

  • Budget vs. actual usage (hours and costs).
  • Revenue per project and profitability.
  • Export to PDF or spreadsheet for sharing with customers and management.

Compliance with Norwegian regulations

ReAI ensures that all vouchers, hours and invoices meet documentation and accounting requirements, including:

  • Unique voucher numbers and running project code.
  • Clear description of work and cost type.
  • Archiving and audit trails in accordance with the Accounting Act.

Summary

As a free project accounting program for Norwegian businesses, ReAI gives you full control, saves time and reduces the risk of errors. Start project accounting today and get immediate insights!

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