1. QuickBooks for Contractors
QuickBooks, developed by Intuit, remains a top choice for small and mid-sized construction businesses. It offers features like job costing, expense tracking, and invoicing, along with seamless integration with payroll and tax tools.
2. Sage 300 Construction and Real Estate
Formerly known as Sage Timberline Office, Sage 300 provides comprehensive accounting and project management solutions for large construction firms. It supports budgeting, billing, forecasting, and compliance management.
3. Foundation Software
Foundation Software is designed specifically for construction accounting. It offers real-time job costing, certified payroll, and integration with project management tools. It’s a favorite among contractors looking for detailed financial insights.
4. Viewpoint Vista
Viewpoint Vista by Trimble provides an all-in-one ERP and accounting platform for construction companies. It includes document management, HR tools, and powerful reporting capabilities for large-scale projects.
5. Procore
While primarily known as a project management solution, Procore also offers strong financial tools for construction firms. It provides budget tracking, invoice management, and real-time reporting that integrates with popular accounting systems.
6. CMiC
CMiC delivers a unified platform for project control and financial management. Its accounting module includes accounts payable, receivable, payroll, and equipment cost tracking — ideal for mid to large enterprises.
7. Jonas Construction Software
Jonas provides a cloud-based construction accounting and service management solution. It’s designed for general contractors, HVAC, and electrical firms, with modules for job costing, billing, and reporting.
8. Deltek ComputerEase
Deltek ComputerEase focuses on construction accounting, project management, and field-to-office communication. It helps contractors manage cash flow, equipment costs, and compliance efficiently.
9. CoConstruct
CoConstruct is tailored for custom home builders and remodelers. It combines accounting with budgeting, project scheduling, and client communication tools, helping builders manage finances and workflows in one place.10. BuilderTREND
BuilderTREND offers a modern cloud-based platform combining project management and financial tools. It integrates with QuickBooks and Xero, providing streamlined estimates, purchase orders, and payment tracking.
Key Features to Look for in Construction Accounting Software
When choosing the right software, consider the following must-have features:
- Job Costing: Track expenses and profits for individual projects.
- Payroll Integration: Manage union and certified payrolls easily.
- Budgeting & Forecasting: Predict financial outcomes with real-time analytics.
- Change Order Management: Handle project modifications without financial discrepancies.
- Cloud Access: Manage finances and projects remotely from any device.
Benefits of Using Construction Accounting Software
Using specialized software for construction accounting offers several key benefits:
- Accuracy: Reduce manual errors in billing and payroll.
- Efficiency: Automate repetitive accounting tasks.
- Transparency: Provide real-time visibility into project costs.
- Profitability: Identify cost overruns early and make informed decisions.
- Compliance: Simplify tax reporting and industry-specific documentation.