The invention discloses a mechanical and electrical installation assisting device with an adjusting function. The mechanical and electrical installation assisting device comprises a supporting plate,a ring of protection plate is arranged on the outer side of the top end of the supporting plate, a base is arranged below the supporting plate, stretchable rods are arranged on the two sides of the top end of the base, the top ends of the two stretchable rods are fixedly connected with the supporting plate, the middle portion of the top end of the base is connected with the supporting plate through a buffer device, the bottom end of the base is fixed to a bearing plate, a power box is arranged below the bearing plate, a double-output shaft motor is arranged at the middle portion of the bottomend of the interior of the power box, speed changing boxes are connected to the output ends on the left and right sides of the double-output shaft motor, the two speed changing boxes are each connected with a first bevel gear, the first bevel gears are connected with vertically-arranged second bevel gears in a meshed manner. By means of the mechanical and electrical installation assisting device,lifting and moving of the supporting plate can be quickly achieved, mechanical and electrical installation is facilitated, the occupied space is small, maintenance is easy, operation is convenient andquick, the application scope is wide, and the mechanical and electrical installation working efficiency can be effectively improved.