Construction Accounting & Payroll
Financial management built for construction — job costing, progress billing, AIA invoicing, payroll, and QuickBooks/Sage integrations.
How to Choose
Construction accounting is fundamentally different from standard bookkeeping — job costing, retainage, percent-complete billing, and union payroll rules require software that was built for the trades, not retrofitted. QuickBooks Online is fine for very small contractors, but as you grow past a few concurrent projects you'll want purpose-built construction accounting that can produce a WIP schedule and handle AIA G702/G703 billing without workarounds. Evaluate whether the platform handles your state's prevailing wage and certified payroll requirements before signing.
Key Features
Job CostingTrack labor, material, and sub costs at the job level in real time
AIA BillingGenerate G702/G703 payment applications with stored value and retainage
WIP ReportingProduce over/under billing schedules required by bonding and banking
Certified PayrollAutomate Davis-Bacon prevailing wage calculations and WH-347 reports
Retainage TrackingManage held retainage on both receivables and payables through project closeout
Subcontractor ComplianceTrack insurance certificates and lien waivers tied to AP payments
What to Look For
- True job costing that breaks costs down by phase, cost code, and cost type
- Payroll module that handles union fringes, multi-state work, and certified payroll
- Retainage handling on both the billing and AP side
- Integration with your project management or estimating software
- Bank-feed reconciliation and multi-entity support if you run multiple companies