Construction Accounts Payable
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Accounts Payable is where many job costs expenses originate. These can be from subcontractors or other outside vendors and will involve various labor and material expenses that will be charged to jobs. Receipts against Purchase Orders for materials and services can often be used to automatically create a vendor liability that will post to accounts Payable. Accounts payable also involves the management of money owed to creditors for goods and services. An accounts payable module should be able to produce reports sorted by crucial criteria, such as vendor, job number, date, etc.

For free comparisons on how different construction software products handle the accounts payable process, download the free Construction Software Selection Kit.

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