FOUNDATION ACCOUNTING SOFTWARE FOR CONSTRUCTION OVERVIEW
Foundation software has been providing accounting software for construction firms for more than 20 years. Its Foundation for Windows solution address many of a firm's accounting needs, including job costing, payroll, general ledger, accounts payable, accounts receivable, purchase orders and sub contracts. It also features a customizable report and form designer and a CPA audit and review dashboard.
In addition's Foundation offers modules for construction project management, equipment service and usage tracking, fixed assets, inventory, time and material billing, unit price billing, consolidated general ledger, executive management, and construction scheduling.
Clients range from companies with fewer than 10 employees and $1 million in sales to enterprises that employ more than 1,000 employees and revenue of more than $100 million a year, according to Foundation. Most customers, however, have 15 to 250 field employees and annual sales of $2 million to $40 million, the software developer stated.
According to the Dayton, Ohio-based vendor, many of its construction clients previously used off-the-shelf job cost accounting software, such as QuickBooks or Peachtree, or software systems that are no longer supported.
In addition to its accounting software for construction, Foundation offers additional services such as a directory of construction Certified Public Accountants, webinars and monthly electronic newsletters for both construction and accounting professionals.
