LiveCosts

Add LiveCosts to Xero

Xero for Construction

Construction projects need more than Xero. 

Add LiveCosts to Xero, and get end-to-end tracking and reporting on your construction projects.

  • Real-time construction project reporting in LiveCosts
  • Track procurement, POs, deliveries, and invoices at the project level
  • One-click sync keeps Xero up-to-date
Try LiveCosts + Xero
xero for construction in construction accounting software

LiveCosts is a Xero Partner

See why thousands of construction contractors around the world choose LiveCosts to track their project costs with Xero.

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What is Xero? 

Xero is a cloud-based accounting software designed for small to medium-sized businesses, offering a comprehensive suite of financial management tools. It enables users to perform tasks such as invoicing, payroll, bank reconciliation, and financial reporting, all within a user-friendly interface. Xero supports real-time data access, allowing businesses to make informed decisions quickly. 

Its ability to integrate with a wide range of third-party apps and services enhances its functionality, making it adaptable to various business needs. 

Aimed at simplifying accounting processes, Xero helps businesses manage their finances efficiently, fostering growth and financial health.

When you add LiveCosts to your Xero accounting package you get a end-to-end reporting, where you track procurement, POs, deliveries and invoices at project level. This integration ensures your company has a highly-efficient full-rounded construction cost management software system in place.

Xero for Construction

The best construction project management software that works with Xero

LiveCosts is a simple construction cost management software that integrates with Xero. Livecosts is tailored to the unique requirements of a construction company or contractor.

From the office to the job site, LiveCosts provides simple workflows that tracks commitments / costs in real time against your construction project budget. 

When combined with Xero that’s a powerful construction accounting software solution.

Budget Tracking

Track Construction
Budgets in Xero

From construction purchase orders to requests for quotations and site deliveries, LiveCosts adds the construction context to Xero. 

Dedicated permission sets allow the whole team to contribute.

Benefits of budget tracking in LiveCosts
  • Assign your costs to project budgets
  • Involve the whole team
  • Produce project specific reports in seconds
Track Construction Budgets in Xero
On The Go

Track Construction Costs on Mobile

Tracking project costs is a team game.

Use the LiveCosts iOS / Android App to give your team the ability to create purchase orders from the site, track labour costs and receive delivery updates which your office team can see and approve in real time.

Benefits of Mobile Cost Tracking
  • Track purchase orders from the job site
  • Record time against a project budget
  • Record onsite deliveries in real time
Track Construction Costs on Mobile
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Product Tour

E-Invoicing 

Automate Invoice Data Entry

LiveCosts will scan your invoice, extract its data, and match it against the relevant project, PO, and delivery. No more paying invoices blind.

Streamline your invoice processing and allocation with our simple workflow and a single-click will send to Xero.

Benefits of Invoice Extration
  • Auto-Extract Invoice Data and sync to Xero
  • 3 way match invoices to Purchase Orders and Deliveries
  • Replace manual data entry into Xero
Start Automating Your Invoices

Project Reports

Generate Instant Reports

LiveCosts construction project tracking software lets you see in real time what is currently committed, what is outstanding, and what is billed.

You can access data for profit margins and costs to complete and also get an at-a-glance view of over billings and under billings for your clients.

Benefits of Project Reports
  • Track construction cost progress in real time
  • Easier way to track daily expenses
  • Accurate financials on individual jobs, and across all jobs
Build a Project Report

How LiveCosts Helps Construction Businesses

There’s a tangible benefit – it’s helped save us accountancy costs, which is really good. I haven’t got to wait for an accountant to tell me how my business is doing.

Nat Macauley​

Managing Director, JCM Fine Joinery

LiveCosts runs throughout our whole company now, right from site staff recording deliveries, and site admin staff being able to track costs – especially labour costs – to here at the office being able to track POs, to the management being able to look at the overall picture for jobs.​

Derek Byrne

Financial Controller, Apollo Group​

Before we had LiveCosts, our biggest problem was the accuracy on the margins of jobs. LiveCosts has saved us at least 6 days a month, and probably more.​

Trish Coleman​

Office Manager, IFES Electrical Services​

Most Popular Features

Feature 1 | Project Dashboards for Construction

See key cost data about your projects, automatically, in live reports on a custom dashboard. Learn more about LiveCosts construction project dashboard.

Feature 2 | Construction Budgeting Software

Automate your purchase order accounting process. LiveCosts creates a simple construction purchase order system that is tailored to the unique requirements of a construction company or contractor. Learn more about LiveCosts construction budgeting software.

Feature 3 | Procurement Software for Construction

Work smarter, not harder, with the LiveCosts Request for Quotation feature. Issue requests for quotes to multiple suppliers and once, compare prices line by line all with fewer clicks and manual data entry. Learn more about LiveCosts procurement software for construction.

Feature 4 | Construction Time Tracking Software

Time is money. LiveCosts records time from the jobsite and assigns it directly to a project budget ensuring you have full sight of a project’s true costs in real time and how it is performing against its original budget. Learn more about LiveCosts construction time tracking software.

Feature 5 | Construction Material Tracking Software

LiveCosts delivery feature captures the delivery receipt from the field and applies it to the correct Purchase Order in a simple workflow. Learn more about LiveCosts construction material tracking software.

Feature 6 | Construction Invoice Software

LiveCosts electronic construction invoice software will allow you to become paperless overnight.

Feature 7 | Construction Price Catalogue Software

LiveCosts provides a digital construction price catalogue that stores your most frequently ordered materials and their various prices over time. Learn more about LiveCosts construction price catalogue software.

Feature 8 | Accounting Software Integrations

LiveCosts seamlessly connects your project data to accounts in real time. Learn more about LiveCosts construction accounting software integrations.

Xero FAQs

Why Do Accountants like Xero?

Xero is a cloud-based accounting software that's really popular among accountants because it's easy to use and helps them do their job efficiently. It lets them see financial information in real time, which means they can make smart decisions quickly.

Since Xero is online, accountants can work from anywhere, which is super convenient. It automates a lot of boring tasks like entering data and making invoices, saving lots of time.

Xero also works well with other apps, making it flexible for different business needs. Plus, it's secure and always getting updated with new features, which keeps accountants happy because they can stay on top of the latest trends and regulations.

Can Xero be linked with your Bank Account?

Yes, Xero can be linked to your bank account, which is a big reason why many people find it helpful. When you connect Xero to your bank, it automatically updates your financial transactions, saving you from having to enter them manually.

This means you always have up-to-date information about your business's cash flow at your fingertips. It makes managing finances easier and helps in keeping track of how much money is coming in and going out.

Plus, this connection can help spot mistakes or unusual activity quickly, making your financial management more accurate and secure.

Is Xero Suitable for Construction Companies?

Yes, Xero is good for construction companies. It offers features tailored to the unique needs of the construction industry, such as project tracking, job costing, and progress invoicing, which help manage the financial aspects of construction projects efficiently.

Xero's ability to integrate with construction-specific apps enhances its functionality, allowing for a more comprehensive management solution that covers estimating, time tracking, and compliance. Its cloud-based nature provides flexibility, enabling access to financial data from any location, which is particularly useful for businesses that manage multiple job sites.

Overall, Xero's features can significantly streamline financial processes, improve cash flow management, and offer real-time insights into project profitability for construction companies.

Is it Hard to Use Xero?

Xero is generally considered user-friendly, especially when compared to other accounting software. It's designed with a straightforward, intuitive interface that makes it accessible for users of all skill levels, from beginners to experienced accountants.

The software offers a range of tutorials, guides, and customer support options to help new users get started and to assist with any questions that may arise. While any accounting software can have a learning curve, especially for those unfamiliar with accounting principles, Xero's emphasis on simplicity and its clear, easy-to-navigate design help to minimise these challenges.

Many users find that once they become familiar with the basic functions, using Xero becomes a seamless part of managing their business finances.

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