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Best Construction Accounting Software for 2020

Best Construction Accounting Software

Construction accounting software for general contractors and subcontractors range from basic bookkeeping software with integrated profit and loss accounting by job, to full-blown enterprise resource planning (ERP) software with an accounting component. We’ve selected a range of software to fit different business needs, from simple accounting software for contractors with one crew to ERP software for mid-sized construction companies.

There are a large number of construction accounting software on the market today claiming they can make such processes easier.

Choosing the right construction accounting software to meet specific needs is not always an easy task for a company. Before making any kind of decision, it’s often best to do thorough research on the solutions that may (or may not) work best for your unique needs. Below is the Best Construction Accounting Software currently available.

Sage 100 Contractor

syscon-inc offers a reliable and robust construction accounting software, Sage 100 Contractor that will improve the productivity and efficiency of the construction related businesses with ease.

Sage 100 Contractor is a business management and accounting software designed specially for general and engineering contractors and subcontractors. This software program includes estimating, scheduling, project management, equipment management, accounts payable, general ledger, payroll and accounts receivable for better accounting management..

Syscon was the first company who has developed add-on reports and products for Sage 100 Contractor. So, if you are looking for the best construction accounting software, you should opt for Syscon’s Sage 100 Contractor.

BuilderTREND

BuilderTREND is one of the leading accounting software programs for construction, home builders, and re-modelers. Both production and custom homebuilders can use this system. But it is an ideal solution for small to mid-size construction contractors, who don’t have enough budget to raise funds for managing their accounting system.

It is a web-based construction management system that includes web portals that can be accessed online via any mobile device, such as iPads, iPhones, Android phones, etc.

QuickBooks Enterprise for Contractors

Another construction accounting software option is QuickBooks Enterprise Solutions, the powerhouse of the QuickBooks Desktop products. Like QuickBooks Premier, QuickBooks Enterprise Solutions offers industry-specific tools, reports, and features. It also allows you to set custom user permissions for up to 30 users, meaning you have complete control over who sees what information in your growing construction company. QuickBooks Enterprise Solutions costs $1,155 per year.

All desktop versions of QuickBooks can be accessed via the cloud using a hosting company like Right Networks. Hosting solutions require an additional, per-user fee.

FreshBooks

Additionally, FreshBooks lets you create professional-looking estimates and invoices showcasing your brand. Collection and online payment can be made through methods preferred by your clients, eliminating the chance of you chasing that elusive check from your clients.

Why use FreshBooks for your construction business?

  • Match expectations with accurate estimates. Minimize project proposal rejection with realistic estimates that easily resonate with the expectations of your customers, especially long-time clients.
  • Stay on the same page with clients any time, anywhere. FreshBooks relies on its strong mobile implementation to give you confidence in communicating with your clients from just about anywhere you are at any moment.
  • Collaborate with on-field teams, contractors, and even clients. Never miss costly details by sharing key information online and having all the people involved stay on the same page throughout the life of projects.
  • Never lose on any billable time. Every minute of work is precisely tracked and reflected on your records, so you won’t wonder where all those work hours of your personnel have gone.
  • Receive timely payments. With FreshBooks’ multiple online payment options, you won’t have to worry again about how your clients will be able to pay you.

ComputerEase

Over 6,000 contractors have chosen ComputerEase Construction Accounting Software and Project Management Software. The best construction software is easy to use and works the way you work. Software that integrates Job Cost, Construction Accounting, and Project Management with a remote job-to-office tool is the future for modern Construction Software. ComputerEase is taking bold steps toward that future with FieldEase and Cloud options.

Co-Construct

Co-Construct is a cloud-based accounting software ideal for the medium size builder. One key aspect of Co-Construct is that change orders online and invoices can be prepared in Quickbooks or Xero. It offers some unique user interface and great reporting tools.

Procore

Procore is a powerful software that can be use to engage all construction team members under a single platform. The construction accounting software is so powerful that can be used to track all communications, invoices and documents keeping a neat record of all information.

Conclusion

Finally, enlist the help of your accountant or bookkeeper. They know your business almost as well as you do, and they will be able to help you choose the best construction accounting software that will provide the functionality and reporting your construction company needs.

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