The accounting engine
The two reports that decide your business – each one click. Not a weekend.
The WIP schedule your surety wants and the cost-to-complete your PMs want each take one click – not a spreadsheet and an entire weekend. SCPM Project comes with the complete SCPM Construction Accounting engine already inside it: a construction-native general ledger, not QuickBooks with job-costing bolted on.
1-click
WIP schedule
2 modes
live + definitive
0
bank credentials stored
Built for the contractor's cycle
Get paid. Pay & comply. Know your jobs. Close the books.
Get paid
AIA-style progress billing – schedule of values, pay applications, stored materials, and the G702/G703 PDF package your lender expects. Retainage receivable, AR aging, and customer receipts.
Pay & comply
Two-stage AP approval, subcontractor COI and lien-waiver tracking with payment holds that actually block payment, retainage payable, 1099s, and certified payroll with the federal WH-347.
Know your jobs
Committed-cost and PO reporting, change-order accounting both sides, profit fade, cash flow by job, and equipment costing – all posting against the same cost-code spine as the field.
Close the books
A guided period close with overhead allocation and WIP adjusting entries, a confidence-scored bank-rec auto-matcher, and a bonding-grade close package in one PDF.
The two reports that matter
One WIP schedule, two modes – both a single click.
Live WIP is available any time, computed from posted transactions, clearly labeled a working estimate – for the PM checking margin on a Tuesday. Definitive WIP is produced at period close, frozen, and reconciled to the general ledger to the penny – the bonding-grade version for the surety, the bank, and the CPA. It can never silently change.
Live
Any moment, mid-period. A working estimate – for decisions.
Definitive
At period close, frozen, tied to the GL. For the surety and the bank.
Owner billing
AIA pay applications that tie to the books
The schedule of values, this-period draws, stored materials, and retainage all pull straight from the job cost. Approve a change order and the pay app moves with it – then a signed G702/G703 renders to PDF in one click. No spreadsheet, no re-keying, no reconciliation.
- ✓AIA G702 / G703 continuation
- ✓Retainage held & released
- ✓Stored-materials tracking
- ✓Sub pay apps & lien waivers
Books you can prove
Field reality and financial reality never drift apart.
Append-only ledger
Posted journal entries are immutable – enforced by the database itself, not just application code.
Closed periods stay closed
The database refuses postings to a closed period outside a controlled, dual-control adjustment workflow.
AIA billing
Schedule of values, pay applications, stored materials, and the G702/G703 PDF package generated straight from the books.
Certified payroll
Day-by-day hours, work classifications, prevailing wage tracking, and the federal WH-347 form with its Statement of Compliance.
Multi-company groups
Each company keeps its own complete, standalone books; a derived, read-only combined layer presents statements the way a CPA builds them by hand.
Company overhead ledger
Department labor and operating expense in a month grid, with a live run-rate that feeds your estimating markup – so bids carry your real burden.
Service deferred revenue
Prepaid maintenance agreements sit in a GL liability and are earned per completed visit, reconciled to the ledger. No field-service platform on the market does this.
Every number drills through
Any figure on a dashboard or report traces to the postings behind it.
Want the accounting engine on its own?
SCPM Construction Accounting is also available as a standalone product for firms that only want the financial backbone, without the full construction-management platform.