Construction · Industry Solution
Accounting for Construction
In construction and contracting, project budget, progress payments and subcontractor management require functions to see cost, progress and cash flow together at project level. Run your general ledger in full compliance with Turkish regulations. Flexible chart of accounts, voucher management, fixed assets, VAT / advance corporate tax / corporate tax returns, statutory books, trial balance and financial statements — fully integrated with operational modules.
Construction context
Why Accounting works differently in Construction
In Construction, construction and contracting processes center on sector-specific concepts such as project budget, progress payment, subcontractor management. In construction and contracting, project budget, progress payments and subcontractor management require functions to see cost, progress and cash flow together at project level.
Qera ERP's Accounting module is set up around the reality of construction: Keeps project-based cost and revenue records in a compliant manner.
- When project budget isn't compared with actual cost, overruns are noticed too late.
- When progress-payment processes are handled by hand, work progress, deductions and payments come out wrong.
- When subcontractor contracts, progress and payments are scattered, control is lost.
Capabilities
How Qera Accounting works in Construction
The core capabilities of the Accounting module, framed for the project, progress payment and take-off needs of the construction sector.
Flexible chart of accounts and voucher management
Create a chart of accounts tailored to your business; all financial movements are entered as accounting vouchers, posted automatically to the relevant accounts and kept tidy.
Fixed asset management
Create asset cards; track depreciation, inflation adjustment and leasing within the system to simplify asset management.
Tax return processes
Manage VAT, advance tax and corporate tax return processes within the system; forms are generated and filled automatically, reducing error risk.
Statutory books
Keep statutory books such as the journal and general ledger in legal format and report them; ease statutory audits.
Period-end transactions and financial statements
Period-end accruals, transfers, FX differences, inflation accounting and opening/closing vouchers; balance sheet, income statement and cash flow statement ready instantly.
Trial balance and dynamic analysis reports
Verify account accuracy with trial balance and FX-based trial balance reports; examine the financial impact of operations with order, invoice and journal-voucher analyses.
Outcomes
What it delivers for your Construction business
Concrete gains that show up in construction operations when set up right.
- Eliminate manual data entry between sales, purchasing and accounting, and reduce errors.
- Lower the burden of tax returns and statutory books with full alignment to Turkish tax law.
- Speed up month-end close and financial statement processes.
- Improve the accuracy of financial reporting by managing fixed assets and period-end transactions on one platform.
Explore further
Related pages
Full details of the Accounting module, the Construction sector page and other Construction solutions.
Let's shape Accounting for Construction together
Get in touch for a demo tailored to the specific needs of the Construction sector.