We are a civil construction company 80% done the implementation of our project. Is there shared knowledge on commonly used project profitability reports in construction. We dont want to reinvent the wheel here as there must already be a best practice which can be our starting point. Any help through sample files or or reosurce tips appreciated.
Answer
commonly used project reports in construction
Best answer by mike.gillum
The WIP & WIP Detail reports are a couple of the most commonly used construction reports for our customers. The Project Profitability Report is also a good one for a simple income/expense/margin report for a single project or a subset of projects. Screen grabs below:
Hi,
You can start with some standard metrics like Gross Profit Margin and Net Profit Margin. These are key performance indicators that a lot of companies use. Also, keep an eye on cash flow...the Cash Demand Period is another great metric
Thank you. I was also looking for if there are any sample reports or templates available as resources or if someone from the community in civil construction would like to share so we do not build from scratch. Regards
+2
The WIP & WIP Detail reports are a couple of the most commonly used construction reports for our customers. The Project Profitability Report is also a good one for a simple income/expense/margin report for a single project or a subset of projects. Screen grabs below:
Mike Gillum
+8
some inquiries i also find helpful are the project transaction detail - allows you to drill into and investigate specific transactions; another inquiry would be budget details, which gives you high level budget details for multiple projects at a time!
Thanks
Iqra
Iqra ~ If a member helped you, please *Like* their post. If a member provided an answer to your question, please mark it as *Best Answer*. Proud Acumatica MVP (2024, 2025) - See my journey here: https://community.acumatica.com/community-site-discussions-150/iqra-harrison-acumatica-mvp-2025-28977
+1If you have a few projects to monitor and you have Velixo, you can look at the sample Project reports that Velixo has on their website and modify them to meet your needs. When used in combination with the Acumatica reports that others mentioned, you will have a good starting point. Construction/Project report samples - Acumatica : Velixo Help Center
Ron F
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