For finance
For delivery
Project accounting and WIP management: An AEC ERP with strong backlog reporting
evergreen, as part of the Microsoft Industry Cloud for Architecture and Engineering firms aligns project accounting, revenue recognition, and WIP in one governed ledger. Finance and PMs work from the same financial truth, with real-time visibility into WIP aging, accrual exposure, and profitability, early enough to act before billing and close.
Make project decisions on live financial data, not month-end adjustments
As Architecture, Engineering, and Construction (AEC) firms grow, delivery teams build cost and progress in one set of systems while finance must reconstruct WIP, accruals, and revenue treatment under month-end pressure. The result is delayed visibility, inconsistent recognition, and avoidable write-offs. That gap surfaces across the close cycle in several recurring ways:
- Reconciling project activity to the general ledger after the month closes
- Carrying aged WIP because costs and percent complete are not aligned
- Applying inconsistent revenue recognition across delivery models and contracts
- Missing accruals for unbilled labor, expenses, or subconsultant commitments
- Arguing profitability with PMs because project and finance views do not match
Bring WIP, revenue, and profitability onto one governed foundation
evergreen structures project financials so WIP and revenue follow the project plan automatically, without any manual reconciliation. Finance and PMs operate from shared definitions across phases, cost types, and recognition methods. That foundation resolves the issues above by replacing reconciliation gaps with controlled project-ledger rules. Here’s how.
Accelerate close with project-led postings
Project activity posts automatically to the right ledger structure.
Reduce revenue disputes with consistent recognition
Recognition rules stay consistent across projects and billing models.
Strengthen governance with approved, auditable adjustments
Accruals and adjustments follow approvals with full audit history.
Surface WIP and margin risk early
WIP aging and profit signals surface before write-offs hit.
Align project financial truth across PMs and finance
evergreen maps each project ledger to your corporate chart of accounts, so project activity can be analyzed at the project and phase level without breaking financial reporting. WIP is calculated in real time and aged by project and phase, which keeps billing, revenue, and margin conversations grounded in the same data.
Controls and automation keep revenue recognition and accrual treatment consistent across delivery models, including fixed fee, time and materials (T&M), milestone, and other hybrid AEC contracts. As part of the Microsoft Industry Cloud for Architecture and Engineering Firms, evergreen embeds financial governance into daily project execution, so WIP exceptions, aging risks, and accrual gaps surface to the right roles before close.
Move from WIP reconciliation to proactive financial control
When WIP is calculated late and explained manually, leadership learns about margin pressure after it is already locked in. evergreen shifts control forward by standardizing project accounting logic and surfacing exceptions early enough to correct them.
Lock project postings to the right accounts
Treat project activity as finance-grade from day one by mapping project ledgers directly to the corporate chart of accounts. This keeps project reporting detailed without breaking statutory reporting or consolidation.
- Map project, phase, and cost type to the correct main accounts and dimensions
- Post approved time, expenses, and subconsultant activity into controlled ledger structures
- Reconcile project financials to corporate reporting without spreadsheet translation
Keep WIP current and explainable
Calculate WIP continuously and age it by project and phase, so teams can explain margin and revenue positions confidently during reviews and audits. This prevents month-end surprises and supports cleaner billing and revenue decisions.
- Calculate real-time WIP based on approved labor, expenses, and recognized progress
- Age WIP by project and phase to isolate stalled billing and delivery bottlenecks
- Surface exceptions early so PMs and finance resolve issues before close
Apply revenue rules with consistency
Support multiple revenue recognition methods that reflect how AEC firms deliver and bill work, without reinventing rules project by project. This reduces disputes, rework, and audit exposure.
- Configure recognition approaches by contract type and delivery model
- Standardize treatment across phases and cost categories to avoid inconsistent outcomes
- Maintain traceability from project activity to recognized revenue decisions
Accrue what is earned but not billed
Track accrual exposure for unbilled time, reimbursables, and subconsultant costs so profitability does not depend on perfect timing. This protects margins and keeps forecasts credible.
- Accrue unbilled labor and expenses tied to project coding and policies
- Capture subconsultant commitments and actuals to avoid understated cost exposure
- Expose accrual drivers for review and approval with governance controls
A connected Microsoft Industry Cloud foundation tailored for Architecture and Engineering firms
evergreen leverages Microsoft Dynamics 365 and Azure within your Microsoft tenant, strengthening security, governance, and control over firm data. You get a platform designed for audit readiness and tailored for the complex operating needs of how AEC firms operate.
Single source of record linking project delivery activity to finance-grade reporting
Microsoft-grade security with tenant-level control, identity, and access governance
Scalable governance that preserves approvals, audit trails, and compliance discipline
