Muli Construction Accounting Software was developed by experienced construction industry managers to provide a “management oriented” approach to project accounting.
Previous systems typically were developed using a general ledger to provide historical job costing and had their principal objective as controlling the accounts payable. They could be described as simple job cost accounting software. Muli has taken a management perspective utilising proven manual systems and extended the desired functions, creating an interactive system that acts as an extension of and tool for the operating manager.
Muli utilises commitment accounting and final forecast variance reporting. So the commitment of a purchase order or a subcontract is compared with the budget. This means the financial approval or decision making process is brought forward within the system, so that the writing of the cheque is not the start of the recording cycle, but the finish.
The Muli approach also recognises that project management and contract control involve the management of time, cost and quality.
The Muli system provides a timely approach to financial management that is fully integrated to the Muli Risk2do quality system. This approach enables construction managers to understand and manipulate their financial records to reflect the true nature of projects in meaningful management terms.
( "Muli" is an Aboriginal word from Australia's Arnhem Land, meaning "Shelter")
