What is the primary function of the Time and Expenses module in Sage Intacct?

The primary function of the Time and Expenses module in Sage Intacct is to track employee time and project expenses. This module allows organizations to efficiently capture the hours worked by employees on various projects, as well as any related expenses incurred during that work. By enabling accurate tracking, companies can better manage labor costs, ensure projects remain within budget, and streamline invoicing processes. This functionality is essential for project management, as it helps in assessing project profitability and resource allocation.

The focus on time and expense tracking directly supports the overall goal of financial management within the organization, providing valuable data that contributes to comprehensive financial reporting and analysis.