Store all financial information in one system
The Nominal Ledger is flexible and is able to provide full financial control of all aspects of your business across multi company structures as you require.
Detailed management information can be obtained including profit & loss and balance sheet reporting.
The Nominal Ledger can have one-off recurring and/or reversing journals and via the intuitive interface, provides flexible onscreen enquiry and graphing routines.
Job costing information
With our Evolution Standard construction accounting software package you can gain a true financial picture of costs on your contracts.
Contract costs are recorded by activity or resource against the relevant contract and then tracked against budgets set to provide a true financial picture of your profitability
For more detailed contract management and costing information, including visibility of work in progress through the management of your CVR process, view our Evolution Corporate solution.
Fully integrated Payroll
A flexible Payroll is required to effectively and securely manage the payment of employees within the construction industry.
The Payroll allows payments by cash, cheque or BACS to be made at weekly, fortnightly, 4 weekly or monthly payment frequencies to support both costed and non costed employees.
Prepare information and send electronically to the HMRC and manage construction specific schemes such as the B&CE Benefits Scheme.
Standard reporting templates
The data in your accounting system is only powerful if it is easy to extract and can support you in taking key business decisions.
Evolution Standard makes it easy to extract data out of the system. Export data from enquiry screens into Excel with just one click and run professional standard reports.
If you are looking for more flexibility with your reporting, view our Evolution Corporate accounting package which provides an easy to use built in report writing module and contains an Excel Automation tool which allows for detailed management reporting within Microsoft Excel.
Effectively managing the use of subcontractors can be a time consuming and costly task.
Within the Evolution Standard Subcontractor Ledger, you have all the tools required to maintain subcontractor information.
Plus, all the legislative requirements of the CIS300 scheme are covered and HMRC reporting requirements are handled via an online subcontractor verification feature.
Useful article; The risks of non-compliance; the Construction Industry Scheme
Management of applications and retentions
Issuing applications and keeping track of retentions is key to managing a successful construction business.
Evolution Standard provides you with full visibility for retentions held against you, and also held by you against your subcontractors.
Receive notification when a retention is due to be paid and report on outstanding retentions held against subcontractors.
Useful article; Accounting for Subcontractors; what they need to know
A solution which grows with your business
Our solutions are designed to expand and adapt to your changing requirements as a business through growth or acquisitions.
Many clients start with our Standard solution and adopt additional functionality part of our Corporate solution as other business functions are managed within the system.
Systems continually develop in line with the changing requirements and legislation of the construction industry to create a long term platform for your business.
Useful article; Construction accounts management software; a buying guide