Real-Time WIP Reporting for Construction Teams
Track budgets, billings, and profitability in Acumatica—without chasing spreadsheets.
If you’ve ever had to piece together a construction project’s financial health from spreadsheets, email chains, and scattered reports, you know how painful that process can be.
The good news? Acumatica’s WIP reporting tools are changing that.
In our latest demo video, Michael Figueroa, Cloud Solutions Specialist at The Answer Company, walks through how Acumatica’s Construction Edition gives you instant clarity on project budgets, costs, revenue, and profit, without the data chase.
If your finance team is still manually assembling WIP reports or struggling to identify over/under billing, this is a must-watch.
Why WIP Reporting Matters More Than Ever in Construction
For construction firms, understanding job performance in real-time is the difference between profit and loss.
You need to know:
- Are we overbilling or underbilling?
- Are we on track with costs, or are we bleeding margin?
- What’s the remaining contract value?
- How are change orders impacting our bottom line?
Unfortunately, many ERP systems give you a narrow view, or worse, they leave it up to your team to figure it out using exports and spreadsheets.
Acumatica does it differently. It gives your project managers and finance leaders a clear, drillable WIP report that’s actually useful in the field, and in the boardroom.
What You’ll Learn in the Acumatica WIP Reporting Demo
The video takes you through two core tools within Acumatica’s Construction Edition:
Project WIP Summary Report
This out-of-the-box report shows:
- A four-bucket breakdown of contract value (original, approved changes, pending changes, revised total)
- Estimated costs and commitments (with pending/approved separation)
- Gross profit calculations
- Over/under billing insights
- Revenue and GP backlog
- Remaining contract value
Most legacy systems lump these numbers together, making it hard to trace what changed, when, and why. Acumatica shows the full picture, broken into clear, auditable steps.
Project WIP Detail Report
This version zooms in on a specific project, drilling down to:
- Tasks
- Cost codes
- Line-level budget vs actuals
- Totals per work breakdown structure
- Export-ready reports (PDF & Excel)
It’s built to support both internal collaboration and external reporting, making it easy to share with stakeholders or project teams.
Built for Construction: Out-of-the-Box, Not Out-of-Reach
Acumatica’s Construction Edition isn’t a general-purpose ERP with a construction “add-on”, it’s purpose-built for the way modern contractors work.
This WIP reporting capability is:
- Standardized right out of the box
- Flexible, with options for budget or projection-based reporting
- Fast, delivering up-to-date numbers in just a few clicks
- Audit-friendly, with change order visibility you won’t find in legacy systems
And perhaps most importantly, it’s usable. Your team doesn’t need to be technical to run these reports. Once you see it in action, you’ll understand why so many growing construction firms are switching to Acumatica.
See How It Works: Real Data, Real Projects
In the demo, we walk through a real scenario inside Acumatica, where:
- Multiple projects are analyzed across entities
- Reports are filtered by date, project status, and projection type
- Gross profit is calculated based on up-to-the-minute project data
- A detailed task and cost code view gives granular insight for job costing
- Reports are exported directly to PDF or Excel for review and distribution
This is exactly what project finance teams have been asking for, and now, it’s available without customization.
Want to see how it works in your business?
Let’s talk. Our team of Acumatica experts is ready to help you implement a smarter, more accurate way to manage landed costs and every other aspect of your ERP strategy.
The Answer Company Approach
Let’s talk about how we can help your team run smarter with Acumatica.
At The Answer Company, we’ve completed over 250 successful construction ERP implementations. We don’t just know Acumatica, we know what construction businesses actually need from their ERP.
Our process is built on:
- Deep industry experience
- Collaborative implementation
- Real-world use case mapping
- Long-term support and optimization
We’re proud to be Acumatica’s top Canadian construction partner, and we bring a human-centered approach to every project, because at the end of the day, technology should work for people, not the other way around.
Driving Transformative Results for Construction Firms
Partnering with The Answer Company means unlocking the full potential of Acumatica—and the results speak for themselves:
- Better Collaboration: Real-time data and mobile access keep office staff and field teams aligned, no matter where they are.
- Lower Costs: Streamlined workflows and fewer inefficiencies mean reduced redundancies and better budget control.
- Greater Visibility: Dashboards give leaders a clear view of project progress, profitability, and risks—making it easier to act with confidence.
- Stronger Profitability: By accelerating billing cycles and improving cost control, firms protect margins and ensure projects deliver maximum value.
“The Answer Company is an exceptional business partner for our Acumatica product. From implementation to ongoing support, they have provided excellent service and are extremely knowledgeable.”
—Norman Rousseau, Vice President Finance, Infinity Properties
Want to See What Acumatica WIP Reporting Looks Like for Your Team?
If your current ERP system makes WIP reporting a struggle, or you’re still relying on spreadsheets and hope, it’s time to see what’s possible.
Watch the full demo video above, then reach out for a tailored conversation about how Acumatica can help your business:
- Improve margin visibility
- Stay on top of project performance
- Simplify your reporting process
- Give your teams the confidence to move faster
We’re here to help you build a system that supports growth, not gets in the way of it.
Acumatica WIP Reporting FAQs
Have a question about Acumatica WIP Reporting? Take a look through our FAQs.
A Work in Progress (WIP) report shows financial performance of active construction projects, including billing, costs, profits, and remaining value.
Acumatica provides clear columns for over– and under– billing so you can quickly assess whether you’ve invoiced ahead or fallen behind on each job.
Yes. Unlike many ERP systems, Acumatica shows four key buckets: original contract, approved changes, pending changes, and total revised contract.
Yes. Reports can be exported as PDFs or Excel files, making it easy to share internally or with clients, auditors, and stakeholders.
Absolutely. Acumatica supports filtering by entity, project, date range, and projection type, giving you total flexibility in how you analyze data.
Acumatica Construction Edition is ideal for general contractors, home builders, subcontractors, and specialty trades managing project-based work.
Yes. Acumatica supports multi-entity environments, allowing you to filter WIP reports by company or view them consolidated across your organization..
Absolutely. You can generate WIP reports based on either your original cost budget or updated cost projections, depending on your project management approach.
Reports pull directly from live transactional data in Acumatica, so they reflect real-time project performance—no need for batch updates or manual refreshes.
Yes. With proper permissions, PMs can access reports from the construction workspace, allowing them to monitor costs and profitability without going through finance.
While the out-of-the-box reports are very robust, they can be customized further using Acumatica’s reporting tools or generic inquiries to fit specific internal workflows.
Yes. Acumatica tracks all financial changes, including change orders, cost adjustments, and billing activity, with full audit trails for compliance and transparency.
Yes. Reports can be scheduled and distributed automatically via email as PDF or Excel attachments, keeping your internal and external teams aligned.
Acumatica provides far greater flexibility, real-time visibility, and clearer auditability than most legacy systems—without relying on Excel exports or external tools.
Yes. Acumatica’s financial reporting, including WIP tracking, is designed to align with construction industry standards and supports best practices in revenue recognition and cost tracking.
