TACT is a proven, complete accounting
and jobcosting system. It includes:
Payroll (with certified payroll)
Accounts Payable (with subcontractor tracking)
Accounts Receivable (with contract and AIA Billing)
Cash (with Check Reconciliation)
General Ledger
Jobcost
Equipment Tracking
Tool Tracking
Optional modules that are fully integrated with the rest
of TACT include:
Purchase Orders
T&M Billing
Inventory
TACT Graph
TACT WordLink
TACT Document Management - new
TACT was first developed in 1984 for an electrical contractor.
It has grown over the years to fit the needs of all types
and sizes of contractors. TACT is designed to work the way
a contractor works, not the accountant. TACT provides all
the information an accountant, banker and bonding agent would
need automatically, without the user having to be an accountant.
TACT has easy-to-read data entry screens, one-button pop
up screens for supporting files, on-line help and many, many
reports to help you get a complete picture of where your company
stands both by the job and overall.
TACTs data is always available. TACT never consolidates
and deletes data. The data you enter is always there, in the
format in which you entered it, until you decide you want
to purge it. This means that you can get ANY report at ANY
time no matter if the period is posted to the General Ledger,
or if you pass the end of your fiscal year of if you pass
the end of a calendar year. This flexibility is critical to
your companys operation.
TACTs data is changeable. Until you post your data
permanently to the General Ledger, all data is changeable.
If you enter a payable to the wrong job, just update and change.
Even after you have printed the payroll checks, you can update
the payroll entry and change the job, without having to void
the check or make an adjusting entry to jobcost. Permanent
posting to the General Ledger is not a required function in
TACT. You decide when you are ready to permanently fix your
data. This should happen only after you have reconciled your
checkbook, looked at your aged reports and checked out out
the accuracy of your jobcost. Then, you are ready to post.
You control it, not the program.
In the meantime, you can see financial statements at any
time by using TACTs Temporary Posting feature. This
allows you to see a financial statement for any period of
time without permanently posting the data to the General Ledger.
You never have to permanently post anything in TACT to see
the results of your data entry. Checkbooks, aged reports,
payroll reports, ALL reports are available without ever permanently
posting to the General Ledger. In this way, you get to make
sure everything is accurate before you make it unchangeable.
Of course, after posting, anything can be adjusted either
via a General Journal entry or by additional entries in any
of the supporting files and re-posting the period.