Construction

MYOB Acumatica Construction Edition is a cloud-based ERP solution built specifically for general contractors, homebuilders, subcontractors, and specialty trades. It unifies project management, accounting, payroll, budgeting, and field operations in one platform, providing real-time visibility, improved collaboration, and complete control over job costs and schedules.

Functional Areas & Key Features

Project Management

• Centralized project dashboard with real-time updates

• Manage subcontracts, change orders, RFIs, and daily field reports

• Document management with version control and sharing

• Mobile access for field teams with time entry, photos, and notes

 

Job Costing

• Track actual vs. budgeted costs at a granular level

• View costs by task, cost code, labor, materials, and equipment

• Real-time WIP (Work in Progress) and committed cost tracking

• Integrated with purchasing, payroll, and inventory

 

Construction Accounting

• Full financial suite: GL, AP, AR, bank feeds, and cash management

• Multi-company, multi-currency, and intercompany accounting

• Construction-specific reporting: AIA billing, retainage, and lien tracking

• Automated billing (progress billing, time & materials, and fixed fee)

 

Budgeting & Forecasting

• Multi-level job budgets with version tracking

• Forecast revenue, costs, and profitability across jobs

• Integration with project changes and commitments for accurate projections

 

Payroll & Compliance

• Certified payroll support for prevailing wage jobs

• Union and non-union wage rate tracking

• Integration with time capture tools and mobile entry

• Compliance tracking for insurance, licenses, and safety documentation

 

Field & Mobile Tools

• Mobile app for timesheets, daily logs, issue tracking, and approvals

• Field-to-office communication with real-time updates

• Attach photos, documents, and signatures on-site

 

Reporting & Dashboards

• Role-based dashboards for project managers, executives, and accounting

• Project profitability, budget variance, and productivity reports

• Built-in KPIs and customizable reports using Acumatica’s reporting engine

 

Key Benefits

• Gain real-time visibility into costs, progress, and profitability

• Improve communication between field and office teams

• Simplify billing, compliance, and subcontractor management

• Reduce delays and rework with centralized project data

• Scale efficiently with a flexible, modern cloud platform