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Best Accounting Software For Construction

The best construction accounting software should include features like job costing, project management, accounts payable, accounts receivable, and time tracking. Here are our best options!

    Erica Seppala
  • UPDATED

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

Construction accounting can be extremely complex, but construction accounting software can simplify the process. Whether you’re a builder, contractor, or another trade, there’s a construction accounting solution that’s right for you.

In this post, we’ll look at the features to look for in your construction software, as well as our top picks for the best construction accounting software on the market. Keep reading to learn more.

Learn More About Our Top Picks

CompanyBest ForNext StepsBest For
Foundation

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  • Overall best construction accounting software
  • Contact Foundation for pricing
  • Numerous industry-specific features
  • Overall best construction accounting software
  • Contact Foundation for pricing
  • Numerous industry-specific features

Visit Site

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CMiC

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  • Best construction accounting software for enterprises
  • Contact CMiC for pricing
  • Robust ERP software for large & enterprise construction businesses
  • Best construction accounting software for enterprises
  • Contact CMiC for pricing
  • Robust ERP software for large & enterprise construction businesses

Visit Site

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Jonas Construction

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  • Best construction accounting software for large businesses
  • Starts at $249/month
  • Advanced feature set backed with personalized support
  • Best construction accounting software for large businesses
  • Starts at $249/month
  • Advanced feature set backed with personalized support

Visit Site

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Sage 100 Contractor

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  • Best construction accounting software for contractors
  • Contact Sage for pricing
  • Ample features
  • Best construction accounting software for contractors
  • Contact Sage for pricing
  • Ample features

Visit Site

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Knowify

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  • Best combined construction accounting & project software
  • $124-$330/month
  • Integrates with QuickBooks accounting software
  • Best combined construction accounting & project software
  • $124-$330/month
  • Integrates with QuickBooks accounting software

Visit Site

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QuickBooks Online

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  • Best construction accounting software for builders & remodelers
  • QuickBooks Online starts at $30/month; CoConstruct integration starts at $299/month
  • Combines the ease of QBO with CoConstruct's industry-specific features
  • Best construction accounting software for builders & remodelers
  • QuickBooks Online starts at $30/month; CoConstruct integration starts at $299/month
  • Combines the ease of QBO with CoConstruct's industry-specific features

Visit Site

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AccuBuild

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  • Best construction accounting software for job costing
  • Contact AccuBuild for pricing
  • Excellent job costing features
  • Best construction accounting software for job costing
  • Contact AccuBuild for pricing
  • Excellent job costing features

Visit Site

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Show Fewer Options

Read more below to learn why we chose these options.

What Is Construction Accounting Software?

Construction accounting software is specialized accounting software used by construction companies to track income and expenses. Construction accounting software is suitable for various construction trades, contractors, engineering businesses, and architects. This type of software not only allows businesses in the construction industry to keep an eye on their finances, but it also can be used to streamline and organize other important tasks, such as invoicing clients, paying employees, and managing projects.

What To Look For In Construction Accounting Software

With so many small business accounting solutions on the market, it can be hard to determine which option is the best for your construction business. Construction accounting software has more advanced, industry-specific features than your run-of-the-mill accounting solutions. The best construction accounting software should be easy to use and include features like:

  • Job costing
  • Project tracking & management
  • Customer invoicing
  • Change orders
  • Job proposals
  • Bid requests
  • Estimates
  • Employee time tracking
  • Payroll for employees & contractors
  • Fixed asset management
  • Equipment tracking & management
  • Inventory management
  • Reporting & analytics

The 7 Best Construction Accounting Software

The best construction accounting software should simplify every stage of your construction jobs, from administrative and HR tasks to tracking the time and costs of projects. Here are our top seven picks for the best construction accounting software.

  • Foundation: Overall Best Construction Accounting Software
  • CMiC: Best Construction Accounting Software For Enterprises
  • Jonas Enterprise: Best Construction Accounting Software For Large Businesses
  • Sage 100 Contractor: Best Construction Accounting Software For Contractors
  • Knowify: Best Combined Construction Accounting & Project Software
  • QuickBooks Online + CoConstruct: Best Construction Accounting Software For Builders & Remodelers
  • AccuBuild: Best Construction Accounting Software For Job Costing

1. Foundation: Overall Best Construction Accounting Software

Foundation



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Pros

  • Numerous features
  • Easy to use
  • Good customer support

Cons

  • Nontransparent pricing
  • Difficult implementation

Foundation — which prides itself as being “America’s #1 construction accounting software” — is the choice of over 25,000 businesses, and it’s easy to see why. This award-winning software has multiple modules that come loaded with industry-specific features for construction businesses of all sizes. It also has received overall favorable reviews among its users, who praised the software for being user-friendly, customizable, and equipped with plenty of features and automations to simplify accounting in the construction industry.

Foundation Pricing

Unfortunately, Foundation does not list pricing details online. To receive pricing information, you can contact Foundation’s sales department by phone or go online to schedule a live demo.

Foundation Features

Foundation comes packed with enough features to serve even the largest construction businesses. Some of the standouts worth noting include:

  • Job costing
  • Payroll4Construction integration
  • Inventory & material management
  • Project management
  • DataGenie report creator
  • Fixed asset tracking
  • Service dispatch
  • Purchase orders & subcontracts
  • Project & contractor scheduling
  • Equipment management & tracking

When Foundation Is The Best Construction Accounting Software Option

Foundation is suitable for construction businesses of all sizes. Despite having just about every feature you can think of, the software is intuitive, and even beginners find it easy to learn. Additionally, the software is backed with good customer support to help you get the most out of the software and efficiently manage the back-end of your construction business.

Get Started With Foundation

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2. CMiC: Best Construction Accounting Software For Enterprises

CMiC



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Pros

  • Numerous advanced features
  • Scalable
  • Consistent updates & improvements

Cons

  • Moderate learning curve
  • Limited custom reporting options

CMiC is enterprise resource planning (ERP) software designed to tackle everything from project management to accounting for construction businesses. CMiC offers personalized solutions for businesses of all sizes and is robust enough to cater to enterprises and large construction firms. This software has won numerous awards and has earned high reviews across the web from users that like the features, unlimited storage capacity, and scalability of the software.

CMiC Pricing

CMiC offers personalized construction solutions and, as such, does not provide pricing details online. You can reach out through the form on the CMiC website to learn more.

CMiC Features

One of the things that users like best about CMiC are the advanced features it offers. Here are just a few of the features you can expect from this software:

  • Job costing
  • Bid leveling
  • Resource planning
  • Equipment & fixed asset tracking
  • RFIs & submittals
  • Material procurement & inventory
  • Subcontractor pre-qualification management
  • Time tracking
  • Construction payroll
  • Human capital management

When CMiC Is The Best Construction Accounting Software Option

Large and enterprise businesses looking for an ERP solution won’t be disappointed in all that CMiC has to offer. Although there is a learning curve, many users report that the software is easy to use and navigate once trained on the software. Users also like having all of their data in one place with no need for integrations or additional software.

Get Started With CMiC

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3. Jonas Enterprise: Best Construction Accounting Software For Large Businesses

Jonas Construction



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Pros

  • Suitable for large businesses & enterprises
  • Cloud & on-premise options
  • Excellent customer support
  • Numerous advanced industry-specific features

Cons

  • May be too expensive for smaller businesses
  • Moderate learning curve
  • High implementation costs

From home builders and land developers to contractors, Jonas Enterprise has everything large and enterprise construction businesses need to streamline accounting and operate more efficiently. While the software is a bit pricey, businesses that are in a position to purchase the software will find everything from an excellent job costing feature to project management, all backed with exceptional customer service and hands-on training.

Jonas Enterprise Pricing

The Jonas Enterprise Construction and Service Software is an enterprise-level solution that has custom pricing based on the needs of your business. Cloud and on-premise deployments are available.

There is also a cloud-based version of the software that is better suited for small- to medium-sized businesses. This option is priced at $249/month per user or $199/month per user when you pay annually. A one-time implementation fee starting at $30,000 will also be charged.

Jonas Enterprise Features

Jonas Enterprise has an outstanding set of features that covers everything from the back of the office to the field with its all in-one-solution. Highlights of the software include:

  • Job costing
  • Project scheduling
  • Field service management
  • Equipment management
  • Inventory management & control
  • Work order management & billing
  • Dispatch scheduling
  • Payroll
  • Reporting
  • Construction change orders

When Jonas Enterprise Is The Best Construction Accounting Software Option

Jonas Enterprise software is robust enough for the largest construction businesses, offering plenty of advanced features and personalized customer service options (including live training, unlimited group training, and a dedicated project manager). While Jonas says it offers software for businesses of all sizes, the pricing is a bit steep, so it’s not a viable option for smaller businesses with lower revenues.

Get Started With Jonas Construction

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4. Sage 100 Contractor: Best Construction Accounting Software For Contractors

Sage 100 Contractor



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Pros

  • Easy to use
  • Numerous reports

Cons

  • Inconsistent customer support
  • Nontransparent pricing

Sage 100 Contractor (previously known as Sage Master Builder) is a software solution designed for contractors. This software makes it easy to manage all stages of construction in every area of your business, from the office to the field. With Sage 100 Contractor, you can keep all of your business and project information in one place in one easy-to-use package. Additionally, Sage provides continual updates to improve the functionality of the software.

Sage 100 Contractor Pricing

Sage 100 Contractor’s pricing is not available online. You can contact the company by phone or through their website to learn more about the software and associated costs. You can also schedule a demo to see the software in action.

Sage 100 Contractor Features

Sage 100 Contractor has few complaints when it comes to the breadth of its features, which include:

  • Job costing
  • Progress billing
  • Payroll
  • Maintenance tracking
  • Quotes & estimates
  • Proposals
  • Budgets
  • Subcontractor agreements
  • Purchase orders
  • Work orders

When Sage 100 Contractor Is The Best Construction Accounting Software Option

Sage 100 Contractor is best suited for small- to mid-sized construction companies and contractors. This software is a great choice for accounting software beginners who want to be able to learn and use the software right out of the box without extensive training.

Get Started With Sage 100 Contractor

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5. Knowify: Best Combined Construction Accounting & Project Software

Knowify



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Pros

  • Multiple integrations
  • Good reporting
  • Competitive pricing

Cons

  • Moderate learning curve
  • Inconsistent customer support

Knowify combines invoicing, CRM, and project management into a single suite of tools designed for service workers, residential contractors, commercial construction businesses, subcontractors, and other trades. Knowify simplifies everything from bidding on jobs to tracking projects in real-time and accepting online payments. And if you’re missing a key accounting feature, don’t worry — Knowify seamlessly integrates with QuickBooks accounting software.

Knowify Pricing

Knowify has three main pricing plans that range from $124-$330/month. A discount is available if you sign up for an annual plan. A custom plan is also an option if you need more than 250 active jobs and custom reports.

Additional users are priced from $1-$15/month depending on their level of access. A 14-day free trial of the software is available.

Knowify Features

Knowify has a strong feature set, especially when it comes to project management, CRM, and invoicing. Notable features include:

  • Job costing
  • Time tracking
  • Purchase orders
  • Subcontractor management
  • Lead management
  • Submittals & RFIs
  • Change orders
  • Progress billing
  • AIA-style billing
  • App for field workers

When Knowify Is The Best Construction Software Option

Knowify is a suitable construction software option for small- to mid-sized businesses or contractors. It’s also a great choice for current QuickBooks users, as the software easily integrates with QuickBooks Online or QuickBooks Desktop.

Get Started With Knowify

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6. QuickBooks Online + CoConstruct: Best Construction Accounting Software For Builders & Remodelers

QuickBooks Online



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Read our Review

Pros

  • Easy to use
  • Advanced features
  • Good customer support

Cons

  • May be too expensive for smaller businesses
  • Difficult implementation

QuickBooks Online is the gold standard when it comes to cloud-based accounting software, offering features such as invoicing, inventory management, bill tracking, and more. If you’re a home builder or remodeler, you can customize your QuickBooks software with the addition of the CoConstruct integration. CoConstruct integrates seamlessly with QBO, giving you access to industry-specific features that syncs between the two programs.

QuickBooks Online + CoConstruct Pricing

QuickBooks Online has four pricing plans ranging from $30-$200/month. The more expensive plans include additional features and more users. Discounts for new users are available, or you can take advantage of a 30-day free trial.

The CoConstruct integration is not included in your QuickBooks monthly subscription fee. This integration starts at $299/month.

QuickBooks Online + CoConstruct Features

QuickBooks Online comes with all of the accounting features you would expect. But adding the CoConstruct integration takes it to the next level for home builders and remodelers. Some of the most notable features include:

  • Advanced estimates
  • Advanced scheduling
  • Bids
  • Labor budget tracking
  • Punch lists & warranty requests
  • Insurance certificate & license tracking
  • Purchase orders
  • Change orders
  • Communication tools for clients & crews
  • Branded mobile app

When QuickBooks Online + CoConstruct Is The Best Construction Accounting Software Option

If you already use QuickBooks Online for accounting in your small- to mid-sized business, adding the CoConstruct integration is the perfect way to add industry-specific features while eliminating double entries. If you’re looking for accounting software that’s easy to use but boasts features specific to home building and remodeling, signing up for QuickBooks Online and adding this integration may be the right choice for your business.

Get Started With QuickBooks Online

Read our in-depth review

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7. AccuBuild: Best Construction Accounting Software For Job Costing

AccuBuild



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Pros

  • Easy to use
  • Scalable
  • Good customer support

Cons

  • Outdated UI
  • Add-ons can drive up pricing

When it comes to construction accounting, few features are as important as job costing. AccuBuild simplifies the complex calculations of job costs with its construction accounting software. And it doesn’t stop there — AccuBuild also offers a number of tools to tackle your accounting, project management, payroll, and employee management needs. AccuBuild has earned top ratings among its users, primarily for its job costing, ease of use, and add-ons.

AccuBuild Pricing

AccuBuild does not disclose its pricing online. You can contact the company directly for pricing details and to schedule a live demo.

AccuBuild Features

AccuBuild comes equipped with a load of standard features designed for construction businesses, including:

  • Job costing
  • Accounts payable
  • Accounts receivable
  • Payroll
  • Equipment management
  • Inventory management
  • Project management
  • Scheduling
  • Time tracking
  • Reports & analytics

When AccuBuild Is The Best Construction Accounting Software Option

AccuBuild is a scalable solution that grows with your business. Although the UI isn’t as flashy as others out there, the software is easy to use and comes standard with most of the features you need for your business. And if there’s something that’s lacking, there are a number of add-on modules you can add to your plan to create a custom software solution that fits the specific needs of your business.

Get Started With AccuBuild

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Which Construction Accounting Software Is Right For Your Business?

What works for one business might not be the best for yours. When choosing construction accounting software, keep in mind the needs of your business. You want to select accounting software that fulfills those needs and simplifies the critical stages of construction. Make sure that you pick software that’s intuitive, easy to use, and fits your budget. Before investing your hard-earned funds, take advantage of any demos or free trials to get hands-on with construction accounting software.

Construction accounting software isn’t the only software that can benefit your construction business. Check out our top picks for construction project management software, or make payroll a breeze with construction payroll software. Good luck!

 

Construction Accounting Software FAQs

What is the best construction accounting software?

While there are plenty of good options on the market, our pick for the overall best construction accounting software is Foundation.

What accounting method do construction companies use?

Many construction companies use the accrual accounting method. In other words, revenue is recorded when it’s earned, expenses are recorded when incurred, and taxes are paid on all earned income. However, there may be circumstances where cash-basis accounting is the right method for you. Talk to your accountant or a tax expert to learn more.

What should I look for in construction accounting software?

The best construction accounting software should include features like job costing, project management, accounts payable, accounts receivable, and time tracking. You should also look for software that’s easy to learn and use, as well as a program that fits your budget.

How much does construction accounting software cost?

The cost of construction accounting software varies based on a number of factors, from the number of users to the plan you select. In general, pricing can range from a few hundred dollars for basic construction accounting software to $10,000+ per year for more advanced options.

Can I use QuickBooks for my construction company?

It is possible to use QuickBooks for your construction company, but it may lack many of the industry-specific features you need to efficiently run your business. Fortunately, there are a number of great integrations you can add — such as CoConstruct and Buildertrend — to get the construction accounting features that QuickBooks lacks.

In Summary: The 7 Best Construction Accounting Software

  1. Foundation :
    • Overall best construction accounting software
    • Contact Foundation for pricing
    • Numerous industry-specific features
  2. CMiC:
    • Best construction accounting software for enterprises
    • Contact CMiC for pricing
    • Robust ERP software for large & enterprise construction businesses
  3. Jonas Construction:
    • Best construction accounting software for large businesses
    • Starts at $249/month
    • Advanced feature set backed with personalized support
  4. Sage 100 Contractor:
    • Best construction accounting software for contractors
    • Contact Sage for pricing
    • Ample features
  5. Knowify:
    • Best combined construction accounting & project software
    • $124-$330/month
    • Integrates with QuickBooks accounting software
  6. QuickBooks Online:
    • Best construction accounting software for builders & remodelers
    • QuickBooks Online starts at $30/month; CoConstruct integration starts at $299/month
    • Combines the ease of QBO with CoConstruct's industry-specific features
  7. AccuBuild:
    • Best construction accounting software for job costing
    • Contact AccuBuild for pricing
    • Excellent job costing features
Erica Seppala

Erica Seppala

Expert Analyst & Reviewer at Merchant Maverick
An expert in accounting, finance, and point of sale, Erica has been researching and writing about all things small-business since 2018. Erica's insights into personal and business finance have been cited in numerous publications, including MSN, Real Simple, and Reader's Digest. She is a graduate of Limestone College.
Erica Seppala
View Erica Seppala's professional experience on LinkedIn.

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The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.

Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

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