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Finocket for Contractors

Finocket for Contractors

Bill what you measured. Know what each site earned.

Raise Running Account Bills with measured quantities, keep site and work order references on every bill, record the TDS your client deducted, and see profit site by site.

Start freeSee how an RA bill works

The problems we fix first

  1. Running bills are typed up in Excel from the site engineer's measurement sheets

    Today: Measurements are written in a register at site, copied into a spreadsheet, then retyped into Tally or a Word bill format

    With Finocket: Raise the Running Account Bill once with L x B x H or area lines and a rate per unit, with the RA bill no., bill period and measurement-book ref. printed on it

  2. The client pays net of TDS and nobody can say which bill it belongs to

    Today: Bank credits are matched to bills by memory; TDS is chased in Form 26AS at year end

    With Finocket: Record each payment with the TDS the client withheld so the bill closes at gross and the TDS stays visible as a receivable

  3. TDS on sub-contractor payments is worked out by hand

    Today: The accountant deducts by rule of thumb, deposits late and prepares the quarterly return from a sheet

    With Finocket: Deduct TDS when you pay a sub-contractor, record the deposit and keep the return data ready

All challenges

How it works, end to end

  1. Estimate and work order
  2. Purchase
  3. Stock and site material
  4. Site progress
  5. Measurement and billing
  6. GST and e-invoice
  7. Collections and client TDS
  8. Sub-contractor payments
  9. Accounts
  10. Reporting
See every stage

Built for

  • Civil and building contractors
  • Interior fit-out contractors
  • Electrical, plumbing and HVAC contractors
  • Road and infrastructure sub-contractors
  • Labour-and-material contractors working for builders and government clients

What you get

  • Running Account Bill

    Bill what was measured: L x B x H, area or running length at a rate per unit, printed on a Running Account Bill with the RA bill number and bill period.

  • Site and work order on every bill

    Each bill carries the site, the work order number and date, and a location on every line, so the client's engineer can check it against the order.

  • Measurement book and BOQ references

    Type the measurement-book page and the BOQ item number a line bills against. They print on the bill; Finocket does not compute cumulative quantities from them yet.

  • SOR / DSR item codes

    Keep the schedule-of-rates code a rate was quoted against on the item, so estimates and bills use the same reference.

  • Site-wise profit and loss

    Tag income and costs to a site or project with cost centres and see what each site actually earned.

  • TDS both ways

    Record the income-tax TDS a client withheld on payment, and deduct TDS on what you pay sub-contractors and prepare the return.

  • GST, e-invoice and e-way bill

    GST bills with SAC per line, e-invoice (IRN) for clients who need it, and e-way bills for material moving to site.

  • Books your CA can take

    Hand over the books and reports at year end, or export to Tally, without retyping a bill.

All modules

Related trades

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The Finocket for Contractors page on Finocket