Dynamics 365
Power Platform
Dynamics
Cloud & Productivity
Project CIP
Streamline construction-in-progress and capitalize project costs with confidence
Project CIP is a Microsoft Dynamics 365 Business Central app developed by Rand Group that bridges the gap between project cost tracking and fixed asset management. Designed for organizations that build assets through project execution, Project CIP ensures costs flow seamlessly from construction-in-progress (CIP) to finalized fixed assets without spreadsheets or manual reconciliation.
Whether you manufacture internal equipment, construct facilities, or manage complex capital projects, Project CIP enables finance and operations teams to accumulate costs directly on projects and capitalize them into fixed assets with a controlled, guided workflow. By leveraging native Business Central tools—such as project journals, planning lines, and fixed asset journals—Project CIP provides a structured, auditable capitalization process fully embedded within Business Central.
Free 30 day trial
$100
per month/per tenant
Supported Editions
Dynamics 365 Business Central
Essentials & Premium
Supported Countries
USA & Canada
Complimentary sandbox
Onboarding assistance
Complimentary upgrades
Online training & support
About
Are project costs being tracked in one place and capitalized in another?
Project CIP connects project accounting directly to fixed asset management. It eliminates disconnected workflows and ensures costs flow seamlessly into finalized assets within Business Central.
Is your finance team relying on spreadsheets to reconcile CIP balances?
The app removes manual reconciliation by automating the capitalization workflow and generating proper Fixed Asset G/L entries within the system.
Do you struggle to prove audit traceability from project to asset?
Project CIP provides transparent cost visibility, controlled capitalization timing, and a clear audit trail from project task to fixed asset record.
Features
Features
Project CIP enhances Business Central’s native capabilities with structured, finance-driven asset capitalization tools. Features include:
- Comprehensive project cost capture: Accumulate all relevant costs directly on a project using Business Central’s native functionality, including purchase orders, job transactions, and other project-driven expenses. This ensures a complete and accurate cost foundation before capitalization.
- One-click capitalization to fixed assets: Use the “Capitalize” function directly from the fixed asset card to roll selected project costs into a fixed asset. Create a new asset or append to an existing one through a controlled workflow.
- Fixed asset G/L journal automation: When capitalization is executed, the app automatically generates the Fixed Asset G/L Journal. After posting, the asset is capitalized and the total cost is reflected in the project task—ensuring transparency and traceability.
- Controlled setup and configuration: Configure capitalization journal templates and batches directly within Fixed Asset Setup. Organizations can manage how and where capitalization entries post in the general ledger.
Screenshots
Screenshots
Supported Languages
Supported Languages
- English (United States)
The business case for capitalization controls
%
of organizations report manual processes as a major barrier to finance efficiency
%
of finance leaders cite improving data accuracy as a top priority
%
of finance teams spend excessive time on reconciliations during close
Why purchase an app from Rand Group?
Dynamics 365 Business Central experts
Our apps are built by experienced Business Central consultants who understand real-world finance and operational challenges.
Apps built for real-world use
We design practical, user-focused solutions that address everyday business needs and deliver measurable results.
Frictionless adoption & support
With guided setup, clear documentation, and responsive support, we ensure a smooth and confident implementation experience.
Microsoft ecosystem integration
Our applications are developed natively within Business Central to ensure seamless compatibility and long-term scalability within the Microsoft ecosystem.