Accounting software for contractors is a type of specialty, industry-specific accounting software that performs the often complex functions that are necessary for the industry. It helps a contractor comply with tax law, keep track of revenue and expenses on each job site, itemize receipts automatically, perform payroll duties, and much more.  It’s essential to keep your business organized so you can spend more time on money-making activities. It helps with tracking your business finances to ensure you’re profitable and meeting tax deadlines.