Best Construction Accounting Software for 2023
Updated: May 18
Construction software helps companies automate critical processes such as takeoff, estimating, project management, and accounting, and integrates various applications and accounting. These tools can help firms modernize, grow their business, and operate more efficiently.
In this part, we’ve rounded up the best construction accounting software to fit different business needs, from simple software with one crew to advance ones for midsized construction companies.
Sage 100 Contractor: Best Construction Accounting Software
Sage 100 Contractor is cloud-based accounting and enterprise resource planning (ERP) software designed to help contractors manage their operations effectively. It provides a terrific solution for startups and small organizations, including general contractors, service contractors, and home builders who need an all-in-one solution for powerful accounting and project tracking at a reasonable price.
Full bookkeeping software: Sage 100 Contractor is a single, comprehensive solution that combines project management and accounting in one platform. That means you won’t have to purchase separate software for managing and tracking projects and bookkeeping. You can get access to the chart of accounts, financial reports, journals, banking, ledgers, inventory, payroll, and others.
Job costing: This feature is integrated with all of its modules so it’s easy to review job costs information by generating cost reports and tracking job cost journals, labor journals, and billing summaries.
Project management: Sage 100 Contractor includes project management modules that give you access to documents and task lists operation status, daily field reports, and correspondence.
Sage 100 Contractor is a good fit for
Sage 100 Contractor is a solid choice for small contractors looking for an affordable accounting solution with basic ERP features. It is suitable for companies that have outgrown generic accounting software, the suite of applications encompasses the entire construction cycle including accounting, estimating, project scheduling and management, job costing, and service management at the same time.
However, it wasn’t designed to be a full-fledged ERP system so it doesn’t track employee location, which can be a drawback if you have teams that work in the field. Besides, there is no available mobile app version so if you run the business from the road or outdoor, you need an alternative.
Below are Sage 100 Contractor Pros and Cons:
Create customized reports from scratch
Take time to set up and learn