Double-entry accounting is a method of bookkeeping that records every transaction to two offsetting general ledger accounts. The debits and credits must always 'balance' by adding up to zero, ensuring the accuracy of construction bookkeeping. This method is commonly used in construction.
Complete breakdown of every Intuit Enterprise Suite Spring 2026 feature for construction companies. Certified payroll (WH-347), refreshed WIP reports, flexible job costing, Workforce Elite HCM, transaction-level eliminations, AI cost insights for budgets, and what RedHammer wants next from Intuit.
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Read MoreIntuit launches its first industry-specific ERP for construction. The IES Construction Edition covers the full project lifecycle—from proposals to AIA invoicing—with AI-powered tools and multi-entity support, putting traditional construction platforms on notice.
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