Projects are designed to track workflow through the life of an engagement. They allow your company to track due dates of staff assignments separately from the due date of the engagement.
A project is a representation of any sort of engagement, such as tax returns, audits, or accounting services. If your company is providing services for which you need to track workflow or a collective group of ongoing assignments, you will need to use a project. Projects track this workflow through Assignments. Tax projects can automatically prompt staff to move the project to the next staff member by suggesting the next assignment. Other projects such as an audit can have multiple open assignments at once. Projects also have due date calculations which can be configured to automatically skip weekends and holidays. All of their due dates and extensions can also be pre-configured.