Simplifying Your Construction Accounting with Acumatica
Discover how Acumatica streamlines construction accounting with accurate job costing, payroll, revenue recognition, and real-time financial reporting.
Construction accounting is harder than most accounting because the underlying business is harder. Multiple revenue recognition methods, retainage on both AR and AP, complex labor rules, and the constant tension between project-level and entity-level reporting all conspire to make the work non-trivial.
How Acumatica simplifies it
Native AIA billing and retainage. Configurable revenue recognition (completed contract, percentage-of-completion, milestone). Certified payroll, multi-state, and union-aware labor processing. Real-time WIP schedules and over/under billings. Multi-entity consolidations without spreadsheet gymnastics.
The simpler outcome
Month-end close that takes days instead of weeks. Reports that finance, ops, and leadership all trust because they're all reading from the same source. And a controller who finally has time to think strategically rather than chase reconciliations.
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