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Construction Accounting

edited Oct 29, 2024 4:42PM in Accounting / ERP 6 comments

We are starting a construction company. We have a contract for our first project (17m) to break ground May 2025. There will only be 1 project a year for the first 3 years then possibly add 2-3. Currently we are not ready for the larger modules that NetSuite offers so I am curious how you might set up your books using the basic system. Would you use classes, departments, or location? Would it be a complete waste of time? I am in the process of migrating from QB hoping for a more robust program for our construction consulting firm. I

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