Accounting software for construction & contractors in Malaysia

What makes contractor books hard

• Income comes in stage payments / progress claims, not one clean invoice.
• Subcontractor and material bills land before the client settles — cash flow is tight.
• Retention sums are held back until completion.
• You need to know whether each project is actually making money.
• Since July 2025, construction services are within SST scope.

How AccountMi helps

• Bill by stage, chase less. Raise progress-claim invoices and watch overdue amounts surface themselves.
• Capture every cost. Record subcontractor and material bills as they come, and reconcile payments against the bank.
• See the job’s numbers. Keep projects separate and read income against cost through your reports.
• Stay SST-ready. An MFRS-aligned, SST-ready chart of accounts — useful now that construction is in scope. Read the SST guide.

Frequently asked questions

Can I invoice by stage / progress claim?

Yes. Raise an invoice for each progress claim or stage as the job advances, and track which claims have been paid and which are overdue — so cash coming in is never a guess.

How do I track money per project?

Record each project’s progress invoices and its subcontractor and material bills, and read the result through your reports. AccountMi is general-ledger accounting rather than a dedicated CIDB job-costing suite, but it gives you a clear income-versus-cost picture per job when you keep projects separate.

Is construction subject to SST now?

Yes — construction services were brought into the service-tax net from 1 July 2025, with a higher registration threshold (around RM1.5 million). See our SST guide for the detail, and keep SST-ready books so registration is painless if you cross it.

Can I run more than one company or JV?

Yes. Multi-entity lets you keep several companies or joint ventures separate under one login, each with its own accounts, reports and permissions.