Concepts

Before you implement and use Deltek for Professional Services, it is important to understand the fundamental principles of the application. The Concepts documentation gives you a basic understanding of the principles behind the transactions, processes, and activities that are vital to the work that you perform in Deltek.

See other sections of the Deltek help for step-by-step procedures and for descriptions of options and fields.

Related Topics:

  • Hubs
    Deltek hubs are information centers that you use to manage all of your business-related data. Use the hubs to enter, view, and revise your data in one convenient place.
  • Customer Relationship Management (CRM)
    Customer Relationship Management (CRM) refers to the set of tools and techniques that you use to manage and monitor the various interactions that occur between your enterprise and your customers.
  • Project Control
    The Project Control application helps you keep your projects running smoothly. Use it to manage project activities and monitor project progress.
  • Resource Planning
    Deltek provides powerful, yet easy to use, applications that support your project planning and resource management activities.
  • Accounting
    Use the Deltek Accounting application to manage the day-to-day financial activity of your enterprise. You can also generate reports that help you assess project and enterprise-wide financial performance.
  • Processing Cycle
    A processing cycle is a period of time during which transactions are entered, processed, and posted. Each cycle follows a regular sequence.
  • Work Breakdown Structure
    A work breakdown structure (WBS) divides each of your projects into distinct, manageable work elements in a way that balances management needs with the need to collect an appropriate and effective level of project data.
  • Organization Reporting
    Use the Organization Reporting application to track the performance of individual "organizations" in your enterprise. Similar to profit centers, these separate organizations are business units that incur expenses and/or generate revenue.
  • Multiple Companies
    If your enterprise is made up of multiple legal entities, you can use the Multicompany application to track all of your companies in a single database. You will have a comprehensive view of the transactions, interactions, and activities of all the companies in your enterprise and can track intercompany transactions, including intercompany billings.
  • Multiple Currencies
    The Multicurrency feature lets your enterprise transact business in any number of global currencies, while maintaining core financial records in a single, functional currency.
  • Multiple Languages
    Deltek supports multiple languages, including English, French, Spanish, German, Dutch, and others. After you select a language, the entire Deltek application, including the login screen, displays in the selected language.
  • Business Process Management
    Through business process management, you can use standard protocols to call advanced Deltek functionality or third-party applications.
  • Security
    Deltek's security lets a system administrator grant or restrict a user's access to applications, forms, records, and options.
  • Historical Data
    Most likely, when you install and begin using Deltek, you will already have a great deal of project and accounting data stored in other places. You must supply Deltek with a certain amount of this historical data (such as account balances as of the installation cutoff date) for your Deltek processing and reporting to make sense.
  • Asset Management
    Asset Management is an optional application that you use in conjunction with the Equipment hub to track and process depreciation or amortization for asset items that you capitalize.
  • Purchasing and Inventory
    Use the Purchasing application to automate your record-keeping for both internal and project-related procurement and receiving of services, materials, supplies, and capital items. Use the Inventory application to automate the management and tracking of inventory items.
Parent Topic: Deltek for Professional Services® Help