FINANCE AND ACCOUNT

Welcome to BEETASOFT- Transforming Finance and Accounting in Construction

Finance & Account

The Finance and Accounting module in a construction ERP system is crucial for managing financial transactions, reporting, and ensuring compliance with regulatory requirements. It provides tools to track financial data, manage budgets, monitor expenses, and streamline financial operations.

Features

  • Budgeting and Forecasting

    Develop detailed project budgets and financial forecasts to plan and control costs effectively.

  • Accounts Payable and Receivable

    Handle supplier and subcontractor payments, track client payments, and ensure timely invoicing and collections.

  • General Ledger Management

    Record and reconcile all financial transactions, maintaining an accurate and comprehensive ledger.

  • Cost Management and Job Costing

    Track project costs in real-time, allocate expenses to specific jobs, and compare actual costs to budgeted costs for variance analysis.

  • Payroll Processing

    Calculate and process employee wages, manage overtime, bonuses, and deductions, and ensure compliance with tax regulations.

  • Financial Reporting and Compliance

    Generate standard and customized financial reports, such as income statements and balance sheets, and ensure adherence to financial regulations and tax laws.

Benefits