Stay compliant with construction accounting standards while streamlining payables, receivables, and tax management, along with bank reconciliation, credit facility tracking, and MIS reporting.
Complete integration across all modules and centralized financial operations, reducing errors, and better decision making
Manage individual or group company accounts with a unified chart of accounts, enabling accurate financial recording and consolidated reporting.
Map entities and resources to respective ledgers with sub-ledgers, while role types prevent duplication and provide consolidated statements across multiple business roles.
Automatically generate journal vouchers from departmental transactions such as supplier, labour, salary, and tax payables & receivables for seamless financial integration.
Prepare payment and receipt vouchers with ease, reconcile bank ledgers periodically, and import bank statements from Excel/PDF for faster reconciliation.
Simplify finance & accounting process and strengthen compliance with automated and real time insights.
Handle global transactions with real-time currency conversion based on current exchange values.
Stay compliant with regional tax laws, including GST, VAT, and other statutory requirements, through automated tax management.
Monitor guarantees and letters of credit in real time with proactive reminders that prevent lapses and strengthen financial control.
Stay compliant with automated alerts for policy renewals, license expiries, and internal approvals to avoid penalties or disruptions.
Trial Balance Report
Efficiently manage your finances with detailed debit and credit information
Balance Sheet
Effortlessly visualise your balance sheet with our construction finance software
Expenses vs Booked vs Payable Report
Gain clarity and control over finance management with our construction finance software
LC Worklist - LC Request
Track LC requests effectively
Payment Advice Process - Pending Advices
Track pending payments effectively
Voucher Entry
Efficiently manage vouchers with our Voucher Entry Dashboard
With profound industry experience and expertise, the Tactive leadership sets valuable and realistic goals for the company
The finance and accounts module is integrated, and works closely with other modules, and eases the work of the finance team and helps in decision making.
The Finance and Accounts module of our construction ERP software includes a range of financial management functionalities, including cost accounting, invoicing, accounts payable and receivable, expense tracking, MIS, financial reporting, tax compliance management, bank guarantee and letter of credit. It ensures comprehensive control and visibility into your company’s finances.
Yes, Tactive construction finance software supports multi-currency transactions.
The Finance and Accounts module aids in budget management by providing tools to create, monitor, and control project budgets within the limit along with order tracking capability.
The Tactive construction finance software includes features to address compliance and regulatory requirements specific to the construction industry. It helps in managing tax obligations, adhering to accounting standards, and generating financial reports that comply with regulatory guidelines.
Yes, Tactive construction ERP software is designed to integrate seamlessly with external accounting systems. This ensures consistency in financial data across the organisation and facilitates easy collaboration with external accounting systems.
Yes, the Tactive construction management system offers a bank guarantee and LC option.
Yes, Tactive construction management system offers an option called petty cash management, where the funds provided to site managers for emergency expenses can be recorded and alerts can be sent to the accounts team for reimbursing the expenditure.
Yes, Tactive construction ERP software is designed to be compliant with industry-specific accounting standards relevant to the construction sector. It ensures that your financial processes adhere to the required standards, providing accuracy and reliability in financial reporting.
The Tactive construction finance software provides a variety of financial reports, including bank reconciliation, trial balance, cash / fund flow, balance sheet, fixed asset, Project MIS report, payable and receivable, ageing analysis, expenses booked vs paid vs balance payables, etc.
Absolutely. The Tactive construction accounting software facilitates efficient tracking and management of project expenses by offering features such as expense tracking, cost allocation, and real-time expense reporting. This ensures that you have a detailed and accurate overview of project-related expenditures.
Tactive construction ERP software’s Finance and Accounts module includes functionalities for managing vendor payments and accounts payable. It streamlines the payment approval process, tracks outstanding invoices, and provides visibility into cash flow, ensuring timely and accurate vendor payments.
Yes, the Tactive construction finance software includes forecasting tools that allow you to generate financial forecasts for construction projects. It also helps in arriving at the theoretical value, proposal prediction through JCR based on real data.
Security is a top priority. Tactive construction ERP system employs robust security measures, including encryption protocols, user and role wise view of data and access controls, to ensure the confidentiality and integrity of your financial data.
Yes, Tactive construction accounting software includes audit trail functionality, allowing you to track and monitor changes to financial transactions. This feature enhances transparency and accountability, providing a detailed history of financial activities for auditing purposes.
