ACCOUNTING and FINANCE
The Best Accounting Program For Contractors
Here are several I have used and that work well. When you review them, make sure you are looking at the Contractor editions. Click on hardhat to go to websites.
- Quickbooks desktop = the old stand-by, widely used, user friendly. The one everyone knows. Has special Contractor-oriented platform.
- Quickbooks online = Intuit has recently made a big improvement to their on-line entry. This cloud-based platform is improving rapidly in response to the entry of Xero in the US market.
- Xero = new entry to the US market. Comes out of Australia. Very aggressive company, constantly improving their product. Cloud based. They have recently acquired HubDoc, a documents management company, which could provide them with a market advantage for remote accounting.
- Sage 50 (used to be Peachtree) = more respected accounting program, more expensive. Most independent builders do not need the power of this program.
Any of these will do the job.
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No matter which accounting program you choose, use the NAHB Chart of Accounts.
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