Quickbooks accounting software which is used by millions of accountants. It allows you to invoicing, tracking sales, sending estimates, cash flows, reporting, payroll-related activities, etc. And now you can use Quickbooks for Construction. Quickbooks has come up with the construction accounting features for the users that work whether you are at the office or at work. You can do easy accounting for construction. And there are various plans for this in Quickbooks.
Why choose Quickbooks for construction?
Quickbooks provides you many functions which can be very helpful for your construction business. Some of them are shown below have a look:
Job Cost management:
By using Quickbooks for your construction business you can easily track time in expenses for each and every project of yours. You can always see where your business stands by having a view on full job cost and valuable profits.
Automate Accounting tasks
All your accounting tasks will be done for you by Quickbooks. You don’t have to worry about paperwork anymore as your data is scanned across devices quickly and securely with the help of Quickbooks. So most of your Accounting and financial activities will be done automatically by this application and you will be able to focus on your main business. And can generate more profit. Quickbooks do all the payroll related activities for you too. So, the employees can be paid on time. It also allows you to manage reports like cash flow reports.
Manage tax and contractors
Stay compliant and save time on all your 1099s. Sub-contractors can add their W-9 and tax ID information when you send them a request right in Quickbooks. You can easily manage all your income and expenses into tax categories. You can also share the transactions and data with your accountants or export the essential documents. All these tasks are very easy if you use Quickbooks. At the end of the year, you can easily get your hand off the tax as Quickbooks is there to help you out.
Integration with other Apps
You can easily connect to apps and customize your construction accounting tools for your business. When you work with Quickbooks you can easily collaborate with other apps like Corecon, BuilderTrend, RedTeam, Greenback, Autoentry, etc.
QB Online plan for Construction Business
If you are planning to buy it now CONGRATULATIONS! You will get 50% off on both of the offers. Below we have shown you the Flexible Quickbooks Online plans for your construction business.
Plus
This option will be available to you at $70/per month but for now, it is only available at $35/per month only. If you opt for this option then you will get these features:
- Track income & expenses
- Invoice & accept payments
- Maximize tax deductions
- Run comprehensive reports
- Capture & organize receipts
- Track miles
- Manage cash flow
- Track sales & sales tax
- Send estimates
- Manage 1099 contractors
- Includes 5 users
- Manage & pay bills
- Time tracking
- Track project profitability
- Track inventory
Advanced
This option will be available to you at $150/per month but for now, it is only available at $75/per month only. If you opt for this option then you will all the features of plus and in addition, you will get more features like:
- Business analytics & insights
- Batch invoices & expenses
- Customize access by role
- Dedicated account team
- On-demand online training
- Automate workflows
- Restore company data
Other Useful Resources:
Guide to Receive Payments in QuickBooks Online
Quickbooks Enterprise plan for Construction Business
If you purchase it right now you can get 40% off on the prices. There are some brand new features added in the Contractor addition in Quickbooks other than Develop reliable job costing estimates; Easy payroll to pay workers in seconds; Connect Quickbooks with Salesforce CRM; Expanded user access and connections to the field; Manage and run critical reports easily; Technical expertise not required; Exceptional data capacity. Additional features added for construction business are:
Data level permissions
If you use Quickbooks you can set permission for the various uses. Everybody needs not to have every right to the data. You can customize the user’s permission and give the team the right to the data which they need to do their jobs. Scale from 1 to 40 users and assign custom user permissions as per their requirements. If you think a user only needs to view, edit, or delete rights to a specific customer, the vendor you can set their right that much.
Easy receipt management
In Quickbooks you can easily manage all your receipts because in Quickbooks you can automatically create categorized receipt expense entries using a mobile app. You can import and review—and accurately categorize and record multiple receipt transactions at once.
Send statements automatically
With new and better features of QuickBooks, you can automate regularly sent statement emails, tailored to different customer groups based on their needs or tendencies. Settings can also be done to set reminders for the customers who owe to you and get paid faster.
Customize payment receipts
In QuickBooks, you can customize payment receipt formatting, including logos, for a professional and consistent look across your customer communications. This could be very helpful to you.
CRM connector
The connector is used to sync QuickBooks to Salesforce data, giving you one source of information between sales and support. With this, you can answer customer questions quickly or resolve issues before they escalate. This makes the orders processed faster so customers are happier—and you get paid faster. And if your customer will be happy your business purposes will be solved.
Conclusion:
Now you know what Quickbooks provide for construction. We hope you found the article helpful and all your queries are resolved now. If this blog wasn’t helpful to you and you want to know more about the Quickbooks for construction business, we advise you to consult help from the experts. We have a team of QuickBooks ProAdvisors and Experts with great experience to assist you 24*7. So, get in touch with us whenever required by ringing us on our toll-free number +1-877-898-0542 to get instant help. You can also contact us if you have any other queries or issues related to Quickbooks.
Keep Sharing, Keep Smiling:)