Archdesk now aligns its Project Controls terminology with industry standards, making financial reporting clearer and more consistent across your projects. 

Key terminology changes:

• Budget is now Project Controls
• Budget Code is now CBS (Cost Breakdown Structure)
• Project Task is now WBS (Work Breakdown Structure)
• Financials is now Controlling
• Project Budget is now CBS

On top of that new financial metrics are now available, giving commercial and project teams greater visibility into project performance, including:

• Estimated Cost (previously Quotes) and Cost Variations (previously Quote Variations)
• Offer and Offer Variations
• Sale Invoices and Sale Credit Notes
• Expected Cost, Earned Value, and Unbilled Revenue

These changes bring Archdesk in line with the language your commercial and project controls teams already use — reducing confusion and improving the accuracy of financial reporting across the business.