There are many different types of accounting software, but this article will focus on software for small general contractors. If you are a small general contractor, then it is more than likely that you know the frustrations of not having the right software to manage your finances and monitor your projects. Not only can this potentially lead to mistakes and poor management decisions, but it may also make it difficult for you to compete with larger firms that have access to better tech and bigger budgets.
To become successful as a small general contractor, you need to have the right software. That means you need to invest in accounting software that minimizes your financial mistakes and maximizes your profitability. The best way to ensure that you don’t make these mistakes is to educate yourself about the different types of software available on the market. This article provides all the necessary information about accounting software for small general contractors within reviews for the best ones.
Our Top 5 Best Accounting Software For Small General Contractors
Best Accounting Software For Small General Contractors Reviews
1. Best Overall: Jobber
A Jobber is accounting software for small general contractors. It’s a complete system, from quoting to billing and project management, explicitly made for contractors. Estimated jobs can be updated in real-time in case of last-minute changes according to customer requests.
For billing, the new automated invoicing system saves your time by calculating taxes based on the customer address. And for tracking progress and inventory, Jobber keeps costs low by automating inventory counts at the job site.
Jobber has all the features you need from your accounting software: Quote, Estimate, Bill, Project Management, and much more. Your customers will appreciate the fact that they don’t have to remember anything. You are in control of your time. Jobber is designed to make your daily work more accessible and more efficient.
2. Best User-Friendly: QuickBooks Online
QuickBooks is the industry’s most popular accounting software, used by over 60% of all general contractors and home-based businesses in America. It has features to help manage your finances and business from anywhere via the internet. With so many benefits, it’s no wonder that many people use QuickBooks for their accounting needs!
The Benefits of QuickBooks Online.
When it comes to business accounting software, you have a lot of options. However, none are as versatile and powerful as QuickBooks. So let’s take a look at the benefits it offers:
- A Great Track Record for Accuracy and Reliability: The fact that so many businesses use QuickBooks speaks volumes about the level of accuracy and reliability that it offers.
- A Simple Accounting System: Unlike some other accounting systems, QuickBooks is simple and easy to use. There are no complex buttons or awkward processes. It makes your work easier and more convenient so you can focus solely on your business.
- Up-to-date Data: From its secure cloud servers, it’s able to sync and update your business account information whenever you need it online. So, even if an error is made on your part, it can be corrected with just a few clicks.
3. Best for Billing and Invoicing: FreshBooks
For small contractors trying to keep their accounting tasks and business from getting out of control, FreshBooks is a software program that can allow you to manage your time and finances without any hassle.
With this service, users can create invoices, track expenses by category, set reminders for bill payments or follow-ups on leads, keep time logs with detailed reports for billing purposes, and generate PDFs for contracts that they can print out. Furthermore, the platform offers insurance tracking options and exports all transactions into an Excel report. FreshBooks is a web-based application and accessible from any computer with an Internet connection.
Accounts can be easily set up on the FreshBooks website, and you can be up and running in no time. Through this software, you can connect to your bank accounts and credit cards to import transactions for easier bookkeeping proceedings. You will also be able to customize your invoices, generate estimates, send payment reminders, receive electronic payments quickly with PayPal integration, and even create customer profiles for better management of your business relations.
4. Best for Growing Businesses: CMiC
CMiC is accounting software for contractors, small businesses, and sole proprietorships. It has a very easy-to-use menu interface that helps users efficiently and accurately record all income and expenses from construction projects. With the CMiC app being so simple, you can be up and running in no time with its automated recurring invoicing feature.
Additional features include tax filing, supplier management, job accounting, bi-weekly payroll templates, and more. With CmiC’s invoicing feature, you can automatically send invoices at the beginning of each month for your clients and/or employees, then send 1, 2, or all of them.
5. Best Quality of Support: Procore
Procore is one of the leading cloud-based construction software systems available today. It can be used to manage, execute, and control the financials of your company. The system is specifically designed for small general contractors and subcontractors in the construction industry.
Procore is an excellent product for small general contractors. It has even been reported that it is the only cloud-based construction software actually designed to assist in managing and fund a project. In addition, the system’s versatility, ease of use, and compatibility make it an excellent solution for your company’s financial management needs.
Procore also has a construction management mobile app that allows you to access your financials on the go. So you can check to see exactly where your money is at any given time.
As an owner, you have access to detailed reports that reveal key information about your company’s project, along with the ability to view daily updated user data when working on-site.
Buyer’s Guide
There are different kinds of accounting software for small general contractors, each of which has its own set of benefits and drawbacks. Therefore, it can be challenging to know which accounting software product is right for you and will help you succeed as a small general contractor.
That is why you need to do your research. One of the best ways to do that is by reading buyer’s guides and reviews. Our buyer’s guide will help you compare the different options and decide which solution is right for you.
What Is Accounting Software For Small General Contractors
Accounting software for small general contractors helps to improve your business. It makes it faster and easier to do your day-to-day functions, such as managing expenses and generating invoices. It also makes it much easier to keep track of your finances. This specifically comes in handy when it comes time to prepare taxes at the end of the year.
With accounting software, you can generate financial reports to save you both time and money on tax preparation. You can also cut costs by using accounting software to reduce the amount of time you spend on bookkeeping tasks.
But what exactly is software for small general contractors? As the name suggests, it is accounting software that has been designed for use in the construction industry. It allows you to keep track of your finances and manage your projects effectively.
FAQ
What Are General Contractors?
Contractors are typically responsible for the general construction of buildings and other structures. They work with various materials, including bricks, cement, steel pipes, and electric wires. In addition, contractors may work as sub-contractors to other larger construction companies that specialize in certain aspects of building design, such as plumbing or electrical wiring.
As contractors are often self-employed professionals who take on multiple contracts at various stages of completion, they tend to be available at any time for emergencies and last-minute requests.
Is Quickbooks Good For Contractors?
Yes. If you are a contractor, Quickbooks is the software you need. Of course, depending on the type of business, other options may be better for your company, such as FreshBooks or Xero. But if you’re new to the business world and don’t know what computer programs to use, Quickbooks can help get your company off on the right foot with various features and tools designed specifically for contractors.
What Is The Best Accounting Software For General Contractors?
The best accounting software for general contractors is QuickBooks. QuickBooks is a personal finance and business management application that allows you to track your expenses, income, and more. It has easy-to-use features like invoicing, payroll processing, and analysis tools that will help your business succeed. It also helps accountants prepare their taxes for small business owners who need tax filing software.
