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Product Update: Acumatica Cloud ERP 3.0

Acumatica Cloud ERP 3.0 is designed for businesses with multiple subsidiaries and locations that need to centrally manage projects and services. The release contains the next generation of project accounting software, automated inter-company transfers, and several other features.

Acumatica 3.0 Release Notes

Highlighted Features and Benefits

Project Accounting - Summary
Project Accounting - Summary
Project Accounting - Key Features
Project accounting enables businesses to track budgets, costs, expenses, and profitability for individual projects.

  • Manage time sheets, inventory, and resources within a project
  • Integrated billing by completion percentage or completed tasks
  • Track expenses against budget in real-time from any location
  • Track direct and indirect costs by project, department, or company
Acumatica Project Accounting Info


New dashboard in Acumatica 3.0
New dashboard in Acumatica 3.0
Inter-company Accounting - Key Features
Automate inter-company transactions involving purchases, inventory transfers, and more across multiple ledgers.

  • Multiple branches - link branches to 1 or more general ledgers
  • Central cash management - pay bills from different branches
  • Automated offset transactions for inter-company documents
  • Inventory management - automated transactions on transfers
Inter-Company Accounting Info


Additional features and enhancements

A complete listing of changes is provided in the release notes .

Who Benefits?

Acumatica 3.0 is targeted to mid-sized businesses. The latest software delivers informed decision making, improved cash flow, and increased productivity for professional service companies, marketing firms, service contractors, accountants, lawyers, consultants, and other project-focused companies. Non-profits can utilize project features to track funds and associated encumbrances. Existing customers, including manufacturing and distribution clients will benefit from hundreds of new features including inter-company accounting, activity monitoring and notifications, enhanced reporting, credit card processing improvements, enhanced vendor returns, and much more.

Release Eligibility

Acumatica gives you the freedom to upgrade at a time that is convenient to you. You may run an older version of the software subject to Acumatica's End of Life policy.

  • SaaS Customers. If you are a SaaS customer, then you automatically qualify for the latest updates. Contact your value added reseller to schedule your upgrade.
  • License Customers. If you own a software license and have an up-to-date maintenance plan, then you qualify to receive the latest software release. You may install the software yourself or schedule an upgrade with the help of your value added reseller.
Acumatica partners and value added resellers can get the latest version of the software by logging into the partner portal.