Empower Your Construction Business with Acumatica
The complete, native and cloud-based construction accounting software
Why Choose Acumatica Construction Accounting Software?
With an Acumatica construction accounting software solution, you have complete, real time view of your business anytime, anywhere including powerful financials, job cost accounting, project management, payroll, inventory, service management, CRM, mobile and more.
Built on the world’s best cloud and mobile technology with a unique all-inclusive user licensing model, this easy-to-use construction accounting software will help increase collaboration, streamline time-intensive processes and increase project visibility and profitability.
“We had been using a legacy construction accounting software package when we found Acumatica Construction Edition, and it is a perfect fit,” says Ron Fairchild, Chief Financial Officer, Texas Scenic Company, Inc. “It’s a modern cloud solution that handles our manufacturing, service, distribution and construction business in one cohesive integrated solution allowing a seamless flow of data. We expect this to provide significantly better business insights and improve overall efficiency.”
Benefits of Construction Accounting Software from Acumatica
Organize your business
Manage projects, costs, and company-wide capacity with a solution that links opportunities, contracts, schedules, budgets, change orders, subcontracts and compliance from one screen. When all team members having a “single source of the truth” in one location, decisions are made more efficiently and effectively.
Easily manage financials
Use construction accounting software to forecast and manage costs, payroll, profits, cash, and taxes accurately, using revenue balance, percentage completed, and completed contract accounting—with multiple entities, currencies, and languages. Manage subcontractors and materials, e.g., using purchase requisitions, inventory control, and advanced warehousing for stored materials.
Job Cost Accounting
Gain insight into your job costs, including cost to complete, cost at completion, and percentage of completion. This detailed job information will help you accurately estimate future projects.
Focus on the project not the paperwork
Leverage Acumatica construction accounting software for document management of plans, contracts, specifications, submittals, emails, change orders, photos, spreadsheets, inspection reports, etc. With Acumatica’s no per user fees and role-based access security, the documents can be shared with internal and external users to improve collaboration.
Make decisions more effectively
Easily manage labor, budgets, and schedules – giving everyone in the field and at the home office an up-to-date snapshot of the project.
Stay ahead of scope changes and cost impacts
Manage projects, budgets and track all activities, issues, change orders, project documents, and job costs from one central area.
Always available, anytime anywhere
Get a complete view of your project details—including real-time field updates—providing instantaneous information flow between your project team, back-office, and management.
Connect to other construction solutions
Take of advantage of cloud integrations to ProEst, Procore, CFMA Benchmark, Microsoft Office, DocuSign, and many more.
Operational continuity and business resilience
Acumatica’s unlimited user licensing and role-based security supports work from anywhere scenarios for everyone on your team, enabling flexibility, efficiency, and continuity of operations.
Acumatica Construction Accounting Software Features
Contracts
Links between contract details and sub-jobs in the project plan include all change orders.
Budgets
Budgets directly link to contracts, accounting, and the project plan for managing hard and soft costs, change orders, profits, overheads, and fees in real time.
Job Costing
Capture labor, material and equipment costs from any device providing instantaneous updates to keep project management and accounting in sync.
Change Orders
Control changes of the project budgeted and committed values and control the profitability of every change initiated by a customer. The change order is a document for profitability analysis and an audit trail of changes to the project revenue budget, commitments, and budgeted costs.
Daily Field Reports
Streamline field management and ensure everyone is looking at the same information with time collection, subcontractor updates, job site visitors, issue and change request tracking and job site weather updates.
Project Billing
Confirm details and automatically generate pro forma, progress, and time and material invoices from one screen, including quick billing.
Joint Checks
Purchase requisitions, contracts and inventory control integrate with subcontracts to simplify project and joint check management.
Compliance
Manage lien waivers and releases, insurance, certificates, and status updates, providing expiration and other alerts to staff and suppliers.
Payroll
Support for multiple unions, locals, classes, benefit packages, and complex wages, as well as certified wages and executive compensation.
Retainage
For both accounts receivable and payable, manage initial retainage and any changes to streamline invoicing and payments. Retainage tracking is supported for progress billing and time and material billing of projects. Plus, project cost commitments are calculated with respect to retainage in purchase orders.
Integrations
Take of advantage of cloud integrations to ProEst, Procore, CFMA Benchmark, Microsoft Office, DocuSign, and many more.
Mobile App
Capture time, expenses, project issues, change requests and more. Productivity will increase making your construction projects run even more smoothly.
Acumatica Construction Edition Functionality
General Contractor Accounting Software
Make the most of every type of construction project, stay on schedule, manage job costs and achieve greater profitability.
Home Builder Accounting Software
Manage your customers, subcontractors, and every aspect of the home building process with ease and complete control.
Land Developer Accounting Software
Manage your projects with ease and maintain complete control—from excavation through infrastructure.
Subcontractor Accounting Software
Seamlessly link the field and office to capture and manage labor, material costs, and inventory.
