Winning new jobs and maintaining the profitability of those jobs is more important - and perhaps more difficult - than ever before. That’s why Sage 50 offers construction industry solutions that let you track cost and revenue information down to the finest detail, helping you become more profitable.

Sage 50 solutions for the construction industry facilitate:

• Progress billing
• Retainage
• Labor burden calculations
• Job work-in-progress reporting
• Payroll overhead rate tracking
• Sub-contractor insurance expiration tracking
• Custom construction planning reports

Plus, Sage 50 comes with Plus, Sage 50 comes with Sage Business Care Silver, an auto-renewing program that provides automatically delivered upgrades, access to customer support, online training, customizable reporting tools, and more.

Save Time with Efficient Accounting Essentials

• Invoice customers, pay bills, track receipts
• Real, double-entry accounting principles
• Use at-a-glance dashboards for quick insights into your business status

Organize Your Business

• Set email alerts to know what requires attention
• Use Microsoft Excel and Word1 integration for key tasks
• Gain further insights using customized reports

Manage Cash Flow

• Analyze and forecast your expected payments and receipts with Cash Flow Manager
• Confirm that you have enough cash to meet current and upcoming obligations

Payroll

• Works with Sage 50 Payroll Solutions
• Print or direct deposit paychecks

Take Control of Your Numbers

• Control user access and secure business data
• Check for common accounting errors

Easily Track and Manage Inventory

• Build inventory assemblies and track customer orders
• Use Average, LIFO, and FIFO inventory costing methods

Create multiple budgets based on departments and cost centers

Go beyond one budget for your entire business. Improve financial planning and insight by tracking budgets for each of your departments and cost centers. Create “what if” scenarios for better decision making.

Consolidate multiple companies for financial reporting

Reduce time and mistakes when combining financials for multiple companies. Combine charts of accounts, transactions, budgets, and more for a single, clear financial picture of all your businesses.

Design and share insightful reports with Crystal Reports

Crystal Reports, widely recognized as a leading report-writing package, expands the flexible reporting you get from Sage 50 Accounting, including the ability to create graphs and charts.

Print financial statements by organizational department

Manage and track all change order information in one place for better control over job costs and revenue. Capture approvals, update estimates and end dates, maintain notes, and attach documents.

Track serialized inventory

Assign serial numbers to individual inventory items and maintain detailed records for costing and warranty tracking and recalls.

Print construction-specific operational reports

Sage 50 Construction Accounting has the reports construction companies need. Print 1099s, proposal transmits, contract transmits and welcome letters. Report on retainage, labor burden, and more.

Automatically apply labor burden at the company or job level

Get a better understanding of your job profitability, while saving time and increasing accuracy by letting Sage 50 Construction Accounting manage labor burden for you. Allocate a percentage of an employee’s overhead costs, such as taxes, insurance, and benefits, to any job.

Progress billing based on percent of contract completion or proposal

Create invoices based on the job’s current progress or specify that billing be based on a percentage of the job’s completion, a percentage of estimated job revenue, or a percentage of each line item.

Automated retainage management for customer and vendor bills

On invoices and credit memos, Sage 50 Construction Accounting will automatically calculate the funds to retain when using accrual-based accounting. Show retainage on invoices, credit memos, and customer statements. Also track your retainage against vendor bills and vendor credit memos.

Subcontractor and vendor insurance tracking for compliance

Get automatic notification when you try to pay a subcontractor whose insurance has expired. Store and report on insurance expiration dates, policy number, and policy limit so you can easily review your contractors’ insurance expiration dates.