Contracting Companies

Accounting software
for contracting companies

Medad Contracting Accounting Program is compatible with all accounting requirements for contracting companies, as it is considered one of the best accounting programs in Saudi Arabia for contracting companies. The integrated cloud accounting ERP program for project management and follow-up of suppliers, customers, and employees, all with Medad accounting program approved by ZATCA and compliant with all e-invoicing requirements. The Medad system contributes to facilitating the work of contracting companies and achieving their financial and administrative goals efficiently for each project and its profitability.

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Medad Accounting Software for Contracting Companies
Contracting Accounting Features
In addition to the general features of Medad system, there are a number of features that support the contracting accounting sector, including:

An accounting program that offers the option to make cost centers mandatory for certain accounts.

Contracting accounting software supports cost centers, allowing for both main and sub cost centers.

The ability to attach document images when recording payment and receipt vouchers in Medad Accounting, allowing for easy reference whenever needed.

An accounting program that offers the ability to view account statements or cost center statements spanning multiple years.

Accounting software that offers the ability to link a specific account to a default cost center.

The ability to generate accounting reports by selecting specific accounts and saving these reports for easy future reference.

Ability to add discounts and surcharges to the invoice and issue invoices compliant with e-invoicing requirements.

project management

Project management is a cornerstone of success for contracting companies in Saudi Arabia, as the process demands high precision in tracking costs, managing resources, and analyzing the financial performance of each individual project. Consequently, it has become essential to rely on accounting software designed for contracting firms—software that offers integrated project management solutions and empowers decision-makers to monitor all financial and administrative details in real time.

The best construction accounting software should offer advanced capabilities—such as cost center management and project-specific accounting entries—alongside the generation of accurate financial reports that facilitate sound decision-making. Furthermore, the software must support the requirements of the Zakat, Tax and Customs Authority (ZATCA), particularly regarding e-invoicing and Value Added Tax (VAT), to ensure compliance with government regulations in the Kingdom of Saudi Arabia.

A key feature of any construction accounting software is ease of use, enabling employees from various disciplines to operate it without requiring advanced accounting expertise. Furthermore, continuous technical support is a crucial factor in ensuring operational continuity and resolving any issues that may arise during project management.

A comprehensive construction accounting software program must cover all aspects of the project—from managing accounts and recording payment certificates to issuing price quotations, analyzing costs, and monitoring work progress. Ideally, the software should also be compatible with other business management systems, such as ERP, to ensure the smooth and efficient flow of information across various departments.

Ultimately, selecting the best construction accounting software depends on its ability to facilitate effective project management, provide outstanding technical support, ensure ease of use, and maintain full compliance with e-invoicing and VAT requirements. "Medad Accounting Software" stands out as a leading choice for construction companies in Saudi Arabia, offering a comprehensive suite of project management tools, professional technical support, and a user-friendly interface that meets the needs of everyone in the construction sector.
Project Mgmt
Costing
Certificates
Quotations
Cash Flow
Work Progress

Some of our clients in the contracting sector

Abo Al Azm Real Estate
Al-Owali & Partners Saudi Co. Ltd. Contracting
Dar Al Ammar Contracting
Etijah Al Benaa
Sukuk International Contracting Co.
Shibh Al-Jazira Contracting Co.

Are you looking for a system suitable for contracting companies?

Contact us to learn about Medad's features for managing cost centers and tracking expenses, as well as generating reports and invoices for contracting business operations.

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