Affordable + Easy To Use
eTEK® Online Construction Accounting Software
"... based on America's #1 job cost accounting program; available cloud-based or on-premise. Will improve your profitability.
"... based on America's #1 job cost accounting program; available cloud-based or on-premise. Will improve your profitability.
eTEK is a 25+ year-old Colorado-based software development corporation. Our original product was the first accounting software to be certified by Microsoft as Microsoft Office compatible. eTEK has retained that emphasis and offers programs compatible with Microsoft 365.
13 Min video by eTEK CEO summarizing info on company & eTEK Online.
Does your construction accounting software help you bid on those bigger jobs? Perhaps for customers who require A.I.A. billing?
Unlike QuickBooks and others, eTEK provides the best cloud-based job cost accounting which includes A.I.A billing and generates both informal (plain paper) and official statements.
Allows you to preview what you plan to submit before finalizing with your customers who require A.I.A.
Importantly, change orders are automatically integrated with your job cost for all projects & jobs
And those change orders are appropriately included when you prepare your A.I.A. invoices
Completely user-defined (4-segment x 9-digits) eTEK's job cost accounting numbering structure provides maximum flexibility, permitting system to be tailored to serve the needs of general & subcontractors in any construction trade
Estimates can be created at any level required + estimates-to-complete provide real-time WIP/profit analysis
System includes the ability to charge the use of equipment/non-payroll labor to any job
Complete job cost master file is defined and maintained for all projects/jobs to any level of detail desired & system automatically tracks and applies change orders for
customers/subcontractors; CO’s tied into AIA automatically
The "pay-off" for using eTEK: Your ability at any time to compare actual costs against estimated costs by
project/job/cost center/task …
Then drill down to the specific source transaction detail transactions behind all revenues & costs (AP, AR, Payroll,
Purchase Orders, Equipment, & Non-Payroll Labor)
Management reports are extensive and include: WIP that pin-points profitable and unprofitable jobs based upon your current estimates to complete, billing/receipts analysis, numerous sub-contractor reports & AND …
A flexible built-in report wizard to lets you create your own job cost reports based upon a powerful "open database"
Project managers can select the level at which they want to perform their analysis of where work stands
While the built-in WIP reports and actual vs. estimated cost reports are typically used ...
The key overall analysis by project managers must include the identification of costs in excess of billings & billings in excess of cost (sometimes called over/under)
As mentioned under job cost accounting & estimating, the ability to include “estimates-to-complete” is crucial in the real world to avoid any surprises as large-scale projects unfold
eTEK’s project management reports - if used as designed, can help construction/project-oriented businesses improve profit margins. eTEK Online provides cloud-based job cost accounting that emphasizes reports to help improve profitability.
Estimating is an integral part of job cost accounting /project management functions
Importantly, eTEK provides the ability at any time during work on a project/job/phase/task to enter an
estimate-to-complete - this is VERY important to calculating an useable %-complete on WIP reports
The system allows you to import estimates from other specialized construction industry programs
All estimates are automatically taken into the various analysis reports so you can compare all actual costs at
any time
eTEK offers your organization the ability to allow workers working in the field to enter remote reports on key job cost accounting items such as:
- Hours worked by employees
- Hours worked by contractors
- Equipment useage to be charged to a project/job
- Material charges to be applied
- Inventory items to be issued to a project/job
- Other items (unique to the nature of your business)
This remote reporting process starts with the assignment of unique remote user log-ons and passwords
The data captured is maintained in a separate highly secure database ...
Then properly synchronized and updated in your central main eTEK system database
A broad range of financial reports are included in the General Ledger module (over 200 reports built-in)
The ability to set up or filter the key elements you want included is extensive ...
Any current or prior year period, all detail or summary, with comparisons to budget or prior years, consolidated
or applicable to a specific product line within a department or division ... the key: however you define your chart of
accounts in your organization