Construction accounting software provides users with financial management tools for construction businesses. These products offer such features as job costing, payroll, accounts payable and receivable, general ledger, subcontracting, and audit reporting, among others. Such capabilities may be project-focused for more specific financial information, while others may provide accounting insights into the company as a whole. These solutions are nearly equivalent to basic accounting software, however they are specifically tailored to the construction industry. While construction accounting software may be offered as a standalone product, some also provide estimating or construction management capabilities; however, if a product offers all three functions then it is classified as a construction suite.
To qualify for inclusion in the Construction Accounting category, a product must: