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US Construction Job

140.70 140.70

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License: OPL-1, every download is watermarked.
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Compatible with Odoo 18.0 · 19.0
OPL-1 license · Odoo 18.0 & 19.0
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US Construction Job

Construction job costing & CFMA-style WIP / over-under-billing schedule (ASC 606 cost-to-cost percentage of completion)

Construction job costing & CFMA-style WIP / over-under-billing schedule (ASC 606 cost-to-cost percentage of completion)

Key Features

Jobs (contracts) with CSI MasterFormat-style cost codes /

Jobs (contracts) with CSI MasterFormat-style cost codes / divisions.

An original estimate + budget per cost code,

An original estimate + budget per cost code, with approved budget adjustments and a revised estimate at completion.

Committed costs (purchase orders / subcontracts) with open-c

Committed costs (purchase orders / subcontracts) with open-commitment tracking, and actual costs posted per cost code.

Owner contract value plus approved change orders (revenue

Owner contract value plus approved change orders (revenue and cost impact) feeding a revised contract amount.

Percent complete = cost to date / estimated

Percent complete = cost to date / estimated total cost (capped at 100%).

Earned revenue = percent complete x revised contract

Earned revenue = percent complete x revised contract.

Compare earned revenue to billed-to-date

Compare earned revenue to billed-to-date:

earned > billed => underbilling (costs & estimated

earned > billed => underbilling (costs & estimated earnings in excess of billings — a current asset)

billed > earned => overbilling (billings in excess

billed > earned => overbilling (billings in excess of costs & estimated earnings — a current liability)

A WIP schedule report across all jobs (contract,

A WIP schedule report across all jobs (contract, estimated cost, cost to date, % complete, earned, billed, over/under) that foots.

The period WIP adjusting journal entry that recognizes

The period WIP adjusting journal entry that recognizes the over/under billing position, with prior-period reversal so the ledger always reflects the latest computed position.

Screenshots

US Construction Job — Cost Codes in Odoo

Cost Codes

Why Choose This Module

A complete job-cost and Work-in-Process (WIP) engine for US construction contractors, implementing the CFMA-style WIP schedule and ASC 606 over-time (cost-to-cost) revenue recognition.

Specifications

  • Compatible: Odoo 18.0 / 19.0
  • License: OPL-1
  • Languages: English
  • Author: Pokutsoft
  • Dependencies: account
  • Support: support@pokutsoft.com

Update date: 2026-07-02