PRJDrop the side spreadsheet for project profit: link sales, purchasing, and expense documents to the project, and approved hours post to it too. Costs, commitments, and revenue collect in a project ledger whose entries can't be edited, and you read profitability straight from the project record.
Runs in your browser. In the cloud or on your own server, it's the same IWB.
PRJ01
Realized margin, margin including committed cost, and estimated margin at completion (EAC) sit side by side on one scorecard. Cost, commitments, and revenue come from a project ledger whose entries can't be edited: corrections go in as reversing entries.
02
If labor or stock material costs are missing from the ledger, the scorecard tells you. When there's no labor cost, the margin percentage is hidden and you see "Labor cost not included." Materials issued from the warehouse show a "Stock materials not included" warning. Hours awaiting approval are shown separately and don't count toward the margin.
No guessed amounts
If the exchange rate for an hourly rate can't be found, the amount stays blank and isn't posted to the ledger. IWB doesn't fill in an estimate.
03
Your team enters hours on a weekly grid and picks the project, task, time type, activity, and work location right on the row. You can copy last week's rows into the new week, with the hours left blank. Start the timer from a task, and when you stop it, IWB creates a draft time entry.
04
Approve time entries by person and week, with badges on the weeks that need a closer look. With partial approval, eligible rows are approved and the rest are skipped with a reason. Counters warn you about the 11-hour daily limit and the 270-hour annual overtime cap. Hard rules, such as those for employees under 18, apply when the entry is recorded.
No one approves their own hours
If you route time approval through an approval workflow, the person who entered the hours can't approve them (the four-eyes principle).
05
Earned but uninvoiced revenue is listed in 0-30, 31-60, 61-90, and 90+ day bands, so you can see how long each item has waited. Select rows, and IWB creates one draft sales invoice per customer. You choose the billing method for each project: fixed price, time and materials, milestone, or not billable.
06
No one types in a progress percentage. IWB calculates it from the weights of the milestones reached, and if no weights are entered, every milestone counts equally. Templates build the plan from day offsets against the start or end date, follow working-day rules, and skip public holidays. The plan you see in the preview comes from the same calculation as the plan applied to the project.
Start from a ready-made template
The built-in "ERP Implementation" template comes with 7 phases, 19 steps, and 4 milestones.
07Document flow
Link the quote and the order to the project. On a time-and-materials project, approved hours become earned revenue and join the work ready to bill, where you create a draft sales invoice. Once the invoice is issued, the amount moves to invoiced revenue in the project ledger.
TEK-2026-00219PRJ-2026-0002308IWB AI
Ask which projects are overdue, how much work is ready to bill, and whether a project is profitable. Users without cost permission don't see cost or margin in IWB AI's answers either.
Creating projects, approving hours, and invoicing ready-to-bill work stay with you. IWB AI only reads project data.
Every action comes to you first as an approval card. IWB AI doesn't create or change records without your approval.
09Capabilities
Link the lines of sales, purchasing, and expense documents to a project. The project on the header carries down to the lines by default, and a project chosen on a line overrides it.
Revise the budget with a reason. Entries that aren't linked to a budget line collect in a separate list, and you get alerts at 80% and 100%.
Only people you give cost permission to can see cost, margin, and budget amounts. Without it, the "Over budget" flag is hidden too.
See the days with no hours entered. Public holidays and days outside someone's employment don't count as missing. You can also reconcile attendance records with project hours.
People you add to the team can see the project. You can also add an installation crew that doesn't have IWB accounts.
The site address and site contact are kept separate from the customer's contact record. Print the work order form for the site from your browser.
See the invoiced, collected, remaining, and overdue amounts on the project record.
Material lines in the budget that reference a product go to Requirements Planning as demand.
10Compliance
IWB tracks the overtime limits in Turkish Labor Law No. 4857 with counters on time entries. The counters warn you, and IWB doesn't calculate overtime pay. Until the invoice is issued, revenue is tracked as earned but unbilled.
11Connected modules
Industries
12
You see project tasks in the timeline (Gantt) view in Tasks, with finish-to-start dependencies. The project list also opens in a timeline view. Critical path, resource leveling, and importing Microsoft Project files (MPP) aren't available.
No. Stock issues aren't posted to the project ledger, and the scorecard shows a "Stock materials not included" warning. Costs from purchasing and expense documents are posted to the project.
In the time-and-materials model, approved hours become earned revenue and join the work ready to bill. IWB creates one draft sales invoice per customer from the rows you select.
The hourly cost rate is calculated from the monthly payroll cost that you enter or import from Excel. IWB doesn't calculate salaries. If the exchange rate can't be found, the amount stays blank and no estimate is posted.
No. Progress is calculated from the weights of the milestones reached. If no weights are entered, milestones count equally and the screen says so. Project health is the only indicator you set manually.