Project Accounting connects your project costs, billing, and budgets to the rest of your financials, so project profitability is visible in real time instead of discovered at close-out. With Crestwood, you gain more than the software: you gain an in-house team that configures it around how your projects are actually costed and billed.
A project accounting system tracks costs, revenue, and budgets at the individual project level, then connects that data to the rest of your financials, so a labor hour, a change order, or a material cost hits project profitability immediately instead of surfacing weeks later during close-out. It goes beyond general accounting software: a true project accounting system handles complex billing methods, fixed-price, cost-plus, time-and-materials, and recognizes revenue as work is actually completed, not just when an invoice goes out.
Most businesses don’t need every module, they need the right combination for how they actually operate. Crestwood has configured these modules across 5,000+ implementations over 27+ years, all handled by an in-house team, so you get a system built around your business instead of a generic template.
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Liberty Elevator Corporation, a leading elevator company operating across New York, New Jersey, and Florida with more than 3,500 elevators under management, replaced a legacy system that couldn’t support its construction, modernization, service, and repair departments. The results, direct from their case study:
“We started looking for a platform that would offer more to our specific business and support all departments, manage project costing and ‘work in progress’ reporting and things like that.” — Lauren Clausman, General Manager, Liberty Elevator Corporation
Every business runs differently, and your ERP should reflect that. Talk with a Crestwood expert about which Acumatica modules fit your operations, backed by 27+ years and 5,000+ implementations, all handled in-house.
With decades of ERP advisory experience, Crestwood helps finance and operations leaders evaluate, implement, and optimize Acumatica with confidence. Our role is not just deployment, but ensuring the platform supports visibility, control, and long-term scalability as complexity grows.
As a certified Acumatica partner, we specialize in complex migrations that require deep knowledge of field service and customer relationship management.
Project cost tracking against budgets, advanced billing for fixed-price, cost-plus, and time-and-materials contracts, time and expense management from the field or office, and AI-driven budget forecasting and reporting, all connected to the rest of your financials rather than tracked separately.
Related, but broader. Construction job costing is one application of project accounting. Acumatica’s Project Accounting module spans project-driven businesses across construction, professional services, manufacturing, distribution, and more, wherever revenue and cost need to be tracked at the individual project level rather than the company level alone.
Yes. Acumatica automates revenue recognition based on percentage of completion or completed tasks, in addition to supporting fixed-price, cost-plus, and time-and-materials billing methods.
=Crestwood’s in-house team configures the module around your actual project costing structure and billing methods, migrates your historical project data, trains your team, and stays on as your support contact after go-live, backed by 27+ years and 5,000+ implementations.
