Privacy choice
Essential cookies keep the platform running. With your consent, we also collect anonymous usage analytics to improve Osolix. You can change this anytime.
See our privacy policy.
CWIP — Capitalisation (Lite)
Construction-in-progress · cost rollup · capitalisation gate · the finance-first tier
Billed annually · save 21% · users $10 each · operators free
The capitalisation spine: construction-in-progress cost tracking from project kick-off through one-click capitalisation that creates the asset and starts depreciation in the right book. Multi-project rollup, milestone-based gating, vendor invoice + GRN matching and IAS 23 borrowing-cost capitalisation. This is the finance-first tier — if you also need full construction execution (contracts, BoQ, interim payment certificates, EVM, bonds), Capital Project Management is the premium tier and includes this CWIP cost engine, so you never subscribe to both.
What's inside
9 core capabilities, all included in the CWIP — Capitalisation (Lite) module.
Project header, budget, manager, partners, contractor list, milestone schedule.
Gated capitalisation — assets only created on milestone completion + sign-off.
Direct + indirect costs from POs, contractor invoices, internal labor, finance charges.
One-click: project → asset; depreciation starts on the placed-in-service date.
Group capex programs; cross-project cost allocation; portfolio-level reporting.
IAS 23 borrowing-cost calc on qualifying assets with effective-rate method.
Classify each cost line as capitalisable (IAS 16) or period expense before the gate.
Photo + GPS-stamped progress logs; auto-attach to milestone evidence.
Contracts/BoQ, interim payment certificates, variations, EVM, bonds and BIM live in Capital Project Management (CPM) — the premium tier, which includes this CWIP cost engine.
Osolix AI tools for CWIP — Capitalisation (Lite)
4 Osolix AI agents tuned to this solution. Every suggestion is accept / edit / reject bounded.
Contractor invoice → structured PO/GRN match candidates for cost capture.
Osolix AI summarises site-visit logs + invoices into the milestone sign-off pack.
Suggests which costs qualify as capitalised vs expensed (IAS 16) with citable rationale.
Forecasts final cost based on burn-rate, milestone slippage and historical patterns.
Platform foundation
Cross-cutting capabilities every Osolix solution shares, tuned here for CWIP — Capitalisation (Lite).
Ask Osolix AI — "Which projects are at risk of overrun?", "Show CWIP balance by entity", "Draft the milestone sign-off for Project ALPHA".
Site-visit photo + GPS log; capture daily progress; milestone evidence on the go.
Every milestone gate, cost allocation, retention release and capitalisation logged with signer + reason.
Milestone-gate workflow: site-engineer · QS · PM · Finance · CFO chain with parallel branches.
Round-trip vendor invoices, retention, advances and capitalisation journals with SAP, Oracle, Dynamics, NetSuite.
CWIP balance by entity / portfolio, milestone burn-down, contractor performance, capitalisation pipeline.
Project Director dashboard: portfolio view, top variances, schedule slippage heatmap.
Pre-print QR labels for delivered equipment — scanned-on-site flips status to "Received on site".
Pairs well with
Solutions that work especially well alongside CWIP — Capitalisation (Lite).
Add CWIP — Capitalisation (Lite) to your plan
Sold separately. Good $15 · Better $22 · Best $29 per month (yearly saves 21%).