Construction Accounting Software | Construction Accounting System

By: Jonas Construction  09-12-2011
Keywords: Preventative Maintenance, Accounts Receivable, Software System

The Jonas Construction Accounting Software Solution

At the core of the Jonas solution is the Construction Accounting Software, which consists of five robust and highly configurable components. Each additional element of the Jonas software is built from this core accounting software base, making the construction accounting software system extremely stable and secure while delivering significant reporting flexibility. Seamless integration between every module maximizes data accuracy and efficiency by eliminating duplicate data entry.

Key benefits of the construction accounting software system include:

  • Full audit trails for all transactions that allow you to analyze irregularities or any detail of interest
  • User-level security that provides complete control over what individual users can access within the system
  • A multi-company/multi-division structure, with automatic inter-company accounting, that eliminates the need to separately manage multiple entities
  • The option to have multiple accounting periods open, which provides the flexibility to work in past periods as well as the current one

The construction accounting software consists of the following five components:

General Ledger
Fully GAAP compliant and designed specifically for contractors, the General Ledger (GL) module is both powerful and easy to use. Open accounting period flexibility allows you to work in the current period (month, quarter, year, etc.) while the previous period is still open. Jonas construction accounting software's user-level security clearly defines who can post transactions to any given period, and multi-company accounting automatically completes routine inter-company transactions.

Account Receivable
The Accounts Receivable (AR) module gives you full control over client invoicing and receivables and gives your accounting group a simple and accurate tool to manage cash receipts. A wide range of invoicing options are available in the construction accounting software, including progress billing, AIA, job cost, preventative maintenance contracts, work orders and time and material billing. In addition, holdback / retainage are calculated and released automatically.

Accounts Payable
With the Accounts Payable (AP) module, managing supplier and subcontract invoices to gain better control over cash flow couldn't be easier. Choose which invoices to pay and when and automate functions like lien wavers, holdback / retainage release, direct deposit payments and recurring payables.

Fixed Assets
The Fixed Assets module allows you to closely monitor the location and value of your fixed assets and simplifies the management of depreciation and amortization. Track assets by category and location with related purchase and selling prices, and calculate depreciation with automatic monthly journal entries using a variety of rates and methods.

Master Report Generator
With the Master Report Generator, you can design any financial report you need – quickly and easily. This simple financial report writing tool allows you to create your own custom financial reports to supplement the standard reporting options within the Jonas accounting software. The Master Report Generator gives you complete access to summary financial and job related information and the ability to include budget and actual costs from user-defined periods in your reports.

Call Jonas about our Construction Accounting Software today at 1-888-789-9073

Keywords: Accounts Receivable, Audit Trails, Construction Accounting, Construction Accounting Software, Data Accuracy, Preventative Maintenance, Software System,

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