( "Muli" is an Aboriginal word from Australia's Arnhem Land, meaning "Shelter")

Muli Management's 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 adopted the Earned Value Accounting approach. This ensures that the positive liquidity, that arises from Project Managers who are very effective in their claims processing, is retained in Work in Progress rather than emerge as profit.

In utilising Muli, you internally prepare a full set of reports (Profit & Loss and Balance Sheet) in a detailed management format. This is then passed to your external accountant for the completion of year end accounting obligations - items such as Depreciation, Tax obligations and earnings recognition. The transactions or journals are provided by the accountant and incorporated into Muli to keep the Muli accounts in sync with your published accounts. 

To provide reassurance to accountants concerning Muli's approach, the company sought comment from the Australian Taxation Office (ATO) and their response is reproduced below.

Muli has maintained an active working relationship with the ATO ever since and has recently been engaged in the Standard Business Reporting discussions for the Linux platform.

1988_ATO

Muli Deployment Option

Server Operating System

Muli exclusively utilises the Linux operating system for its servers. Linux is more stable, more secure, and not subject to virus attacks, so it's considered ideal for mission critical applications - such as corporate accounting.

Muli has standardised on the Ubuntu Linux system.