Off-the-Shelf Accounting Software
General, off-the-shelf accounting software is used by thousands of small businesses, and they are great programs. But they often don't allow contractors to accomplish all they need to. Many times, these systems can't track or report on critical, construction-related information like retainage, prevailing wage rates, multiple trades, job activities, percent complete, change orders, PO/subcontracts, quantities, equipment usage, AIAs, union deductions and fringes, and much more. In addition, these programs lack automatic data defaulting and validation, both of which can save substantial time and ensure accuracy.
FOUNDATION for Windows is industry-specific and technologically advanced
FOUNDATION for Windows offers the best of both worlds -- construction-specific functionality and Microsoft SQL database technology that will grow with your business. The system provides features such as integrated job costing; automatic certified payroll reporting; multiple state and local payrolls, powerful over/under billing reports; and AIA, percent-complete, unit price and time-and-material billing, project management and document control. It also offers powerful accounting functions such as complete date-sensitivity, a secure audit trail, extensive drill downs and customizable reporting. The system is a true 32-bit Windows program created from the ground floor using Microsoft SQL Server, a sophisticated relational database. SQL is designed to give users maximum data management, security and reporting power. The best part is that SQL is built into FOUNDATION!
If your construction business is using a general off-the-shelf accounting software, or an older, outdated construction-specific system, you may not be as efficient as you could be. If any of the following describe your current accounting software situation, you should consider switching solutions:
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