Construction and Engineering

Because of MYOB Greentree’s scalability, Addax Business Solutions services a wide range of in the Construction and Engineering sector, from the SME engineering firms with simple accounting and job costing requirements to large firms with multi-national operations.

This makes Greentree a smart solution for business that have plans to scale upwards and want a system that can scale with them.

Addax’s experience in the industry backed with products such as Greentree, allow us to address the specific requirements of each of our customers.  For construction and engineering firms we can address:

  • Detailed estimating and costing down to Work Breakdown Structure level
  • Handle project variations,
  • Billing methods including Schedule of Rates, Milestone, and Time & Materials based billing.
  • Scheduling of resources,
  • Maintenance and charging of machinery (not just people),
  • Payroll, HR, and OH&S (Including Take 5 forms etc.)
  • Supply chain
For larger, multinational companies, MYOB Greentree extends into multi-currency and multi-company financial management. All these functions including Greentree’s comprehensive payroll are provided by a single Greentree database without the need of any 3rd-party add-ons and interfacing.
Financial Management is core to all businesses, and in Construction and Engineering businesses this is complicated with the need to manage costs at a job level.

Unlike most Job Cost systems, Greentree’s job costing can be designed and structured as loosely or tightly coupled to the General Ledger as your business requires. This allows your financial management and accounts to be designed to meet financial and accounting reporting requirements independently of the Job Cost reporting requirements.

Greentree offers a comprehensive Financial Suite of modules that includes all the standard accounting features you would expect of any accounting system, and may features not found in other systems such as GL Transaction Analysis that allows additional and selective multi-dimensional tracking of transaction at a level below the standard Chart of Accounts (i.e. to track FBT costs by person on GL Accounts associated with FBT expenditure, etc.)

RELATED MODULES

  • Workflow

  • General Ledger

  • Transaction Analysis

  • Accounts Payable

  • Accounts Receivable

  • Cash Management

  • Fixed Assets

For larger groups or multi-national operations, Multi-Currency/Multi-Company accounting is critical.  MYOB Greentree accommodates these needs with a comprehensive suite of Global Finance modules.

Inter-company transaction processing (sometimes called multi-company quad accounting) is available as standard in Greentree’s General Ledger.

The Foreign Currency module provides foreign currency capability across the entire system and automatically processes transactions such as unrealised and realised exchange gain/losses where required.

Where subsidiaries with different functional currencies need to be consolidated we would recommend, in fact it is almost critical, to use a ‘Hard’ consolidation process using Greentree’s consolidation module.  A ‘Hard’ consolidation processes transactions from subsidiary company ledgers into a consolidated company ledger, calculating exchange rates on consolidation.

If only one functional currency is used across all companies ‘Soft’ consolidations using Greentree’s excellent integration with Excel or WebView Financial reports module is often adequate.  A ‘Soft’ consolidation is where subsidiary ledgers are consolidated through a reporting mechanism and no transactional processing happens.

RELATED MODULES

  • General Ledger

  • Foreign Currency

  • Consolidations and Translations

For most construction and engineering firms, Job Costing is the heart of their operational and financial management.  Using MYOB Greentree’s Job Costing module this financial and operational management cost structure can be designed independently of the General Ledger with mapping rules that determine where financial transactions are posted into the General Ledger.

This means Job Cost structures can be designed independently of the General Ledger structure, giving Job and Project Managers freedom to structure the system to meet their needs, not financial accounting needs.

Greentree’s Job Costing can be as simple as a list of Jobs, or broken down to an unlimited number of child/grand-child jobs, and the child/grand-child structure can go down to an unlimited number of levels.

Each Job can also be broken down to an unlimited number of Work Breakdown Structures (WBS) and each WBS can be limited to only allow specified cost types and employee groups.  This allows the firm, if required, to prevent an electrician from  working on a mechanical job and coding their time to project management etc.

Jobs and WBS structures can all be scheduled with start/end dates, percentage complete, and project completion management.  These features are then available for automated calculation of earned revenue versus actual revenue to create revenue recognition entries allowing the business to see actual compared to earned revenue, ‘S’ curve analysis etc

RELATED MODULES

  • Job Costing

  • Advanced Job Costing

  • Field Service

All engineering and construction businesses typically have a substantial investment in plant and equipment that needs to be routinely serviced and maintained to maximise productivity.

MYOB Greentree provides comprehensive Plant Maintenance solutions for fixed and mobile plant that include:

  • Ability to charge plant to cost centre’s and/or jobs types providing accurate billing and charge-out costing by Job, department, etc.
  • Clear visibility of equipment costs by category, including fixed costs such as financing, overhead costs such as depreciation, operational costs such as fuel, and maintenance costs such as repairs.
  • Planned maintenance scheduling
  • Forecast inventory requirements for servicing.
  • Unlimited time based or unit of measure (i.e. Kms) based maintenance cycles.
  • Allocation of service personnel time and stores issues to individual service requests and work orders.
  • Management and assignment of documents such as Standard Operating Practice manuals (SOPs) to specific plant and work cycles.
Unlike other alone maintenance solutions, Greentree’s plant maintenance solution is fully integrated and part of the overall ERP system. It is not a 3rd party add-on so Purchase, Inventory, and Pay related transactions are automatically integrated.

RELATED MODULES

  • Asset Management

  • Field Service

  • Job Costing

For any engineering operation supply chain management is the life blood to production. For remote operations the requirement for well planned and easily identified supply requirements is even more crucial.

MYOB Greentree has an inventory module that not only manages simple analysis such as stock on hand, but includes capability to manage more advanced features such as stock supersessions, companion parts, and substitution.

At Addax we understand stock consignment and supply contract processes so we can integrate your requirements with Greentree’s Supply Chain modules to give you the control and visibility you require. For overseas operations (and some local operations) Greentree has an Import Costing module to track consolidated deliveries by shipment or container. Naturally, it is all fully multi-currency capable.

RELATED MODULES

  • Requisitions (if Required)

  • Inventory Sourcing

  • Purchase Orders

  • Import Costing (If required)

  • Foreign Currency (If Required)

Payroll and Human Resource Management covers a wide breadth, from a simple payroll requirement in some engineering businesses to complex Enterprise Bargaining Agreements in larger operations. Addax, using Greentree, can provide a solution to match the requirement from a simple payroll to a full Pay, Award Interpretation, and HR solution that includes:

  • Payroll
  • Award Interpretation
  • Skills and Certifications management
  • Recruitment
  • Employee Development
  • Leave Scheduling and Planning
  • Timesheet Capture
  • Employee Self-Help web portal

MYOB Greentree’s payroll and HR modules are not 3rd party add-ins but fully integrated, purpose built Greentree modules.

The Greentree payroll is certified for many countries, however where the payroll is required in a country not certified by Greentree, Addax will modify and enhance the standard Greentree payroll to meet your requirements.

RELATED MODULES

  • Payroll

  • Human Resources

  • Award Interpretation

  • Leave Planning

  • Employee Development

  • Recruitment

Occupational Health and Safety is an important part of modern industry, and no more so than in an industry that works in dangerous situations with large plant and machinery. For smaller operations a simple Incident Reporting register is required and for larger operations this needs to extend into a comprehensive incident process management solution to ensure every incident is processed consistently and completely based on the category and severity of the incident.

Simple Incident Reporting can be managed within the MYOB Greentree Occupational Health and Safety module, but when combined with Greentree’s Business Process Management and Service modules Greentree is able to apply consistent and comprehensive standards and reporting to any organisations OH&S policy.

This allows processes such as the following to be based on incident category and severity:

 

  • Incident Recording (including through a Web Portal)
  • Email, SMS, and Desktop Alerts and Notifications
  • Standardised management and statutory reporting
  • Issuing of action items (automated where required)

RELATED MODULES

  • Human Resources

  • Occupational Health and Safety

  • Business Process Management (If Required)

We’ll give you our thinking

Testamonial

      

Addax wins Implementation of the Year with the Bathurst Resources Implementation.

      

Customer Stories

  •       

    Greentree is going to bring big improvements to our reporting process. We’re feeling very positive about the future.

          
    NECA WA
    Hannes Boshoff Corporate Finance Manager
  •       

    Our competitive edge is about the reliability of our service. Greentree will support and better facilitate our service delivery, and that’s what keeps us ahead.

          
    Nilsen Group
    Mark Nilsen Managing Director
  •       

    Our competitive edge is about the reliability of our service. Greentree will support and better facilitate our service delivery, and that’s what keeps us ahead.

          
    Matilda Equipment
    Damion Wilson CFO
  •       

    As a non-profit organisation, the functionality in Greentree has been an absolute boon for us. We have been able to save time and money by better managing our cost centres and grant maintenance in Greentree. These flexible reporting structures ensure that almost any financial reporting requirement can be easily fulfilled.

          
    Rocky Bay
    Mervyn Williams Finance Manager
  •       

    Innovation is critical in our industry and Greentree dovetails into this to help us maintain our competitive position.

          
    Crosby Tiles
    Andrew Williams General Manager