5 Accounting Tools for Contracting Businesses
Summary
A business owner must also track financials — including job costing, estimates, client invoices, and payments to suppliers — to stay both profitable and organized. Contractors can easily pay subcontractors and invoice homeowners, track real-time financial data and create budgets, send and manage bids, and automate purchase orders. Construction professionals working with outside accountants can also benefit from the CPA Audit and Review Software, which automatically shares data with CPAs to ensure ongoing financial compliance. For contractors who are seeking an on-the-go solution, Foundation’s mobile app operates via smartphone, tablet, or laptop and can sync remotely to the main software. In addition to automating financial reports, billing, and payments to outside vendors, the software includes job costing, time entry, subcontract management, and compliance tracking.
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