Construction Business Owner

DECEMBER 6, 2011

ACCOUNTING |. Accounting & Finance. My take on this idea is very simple: Stay Hungry. Tags accounting. accounting software. change orders. Construction Accounting Software. Tags: accounting , business , business owner , construction , software , stay hungry stay foolish , steve jobs.

Construction 195

Construction Software Software Accounting 195

Construction Business Owner

MAY 24, 2012

ACCOUNTING |. Accounting & Finance. It’s hard to think of examples where this is a good idea in any business. And for good reason, since the way accounting and business management use software is much different from the way construction operations and project management use it. Tags accounting. change orders.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

OCTOBER 10, 2011

ACCOUNTING |. Accounting & Finance. Ideas start flowing and problems are solved. Through our discussions, we shared ideas about what the profile of such an employee might be. Tags accounting. accounting software. change orders. Construction Accounting Software. STRATEGY |. MANAGEMENT |.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 10, 2012

ACCOUNTING |. Accounting & Finance. Getting people and processes in place is like Jobs’ wearing the same basic outfit—it eliminates minor decisions and troubleshooting so that you can focus on bigger decisions, ideas, and growing your business. Tags accounting. accounting software. change orders.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

OCTOBER 25, 2011

ACCOUNTING |. Accounting & Finance. And for my time, I usually walk away both inspired and loaded with new ideas to put to use. Even one new idea can be worth its weight in gold…but that’s just my opinion. Tags accounting. accounting software. change orders. Construction Accounting Software.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 17, 2012

ACCOUNTING |. Accounting & Finance. OSHA has been grappling with the idea of developing a specific ergonomic standard for the construction industry. So what are your thoughts and ideas regarding ergonomic applications in the construction industry? Tags accounting. accounting software. change orders.

Construction 120

Construction Software Software Injury 120

Construction Business Owner

SEPTEMBER 13, 2011

ACCOUNTING |. Accounting & Finance. « Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. » Considering New Accounting Software? Kids are back at school, football has started up, and contractors all over the country are starting to consider new accounting software.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JUNE 19, 2013

Fast Easy Accounting has numerous FREE downloadable Forms for ever contractor around the world to use. Several years ago Fast Easy Accounting only did business with clients located in Washington State, with improved processes and cloud solutions we now have clients all over the USA. Change Orders are a huge source of new profit.

Profitability 49

Profitability Cash Flow Accounting Construction 49

Construction Business Owner

MARCH 6, 2011

ACCOUNTING |. Accounting & Finance. I just finished reading Steven Rattner’s book, Overhaul – An insider’s account of the emergency rescue of the automakers. Let me know if any of you have done this before or have any ideas for putting together a stress test model for the construction industry.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 26, 2011

ACCOUNTING |. Accounting & Finance. A general contractor once told me that his accounting staff used to input time cards into their accounting software and then input the same data again in their job costing spreadsheets. Tags accounting. accounting software. change orders. STRATEGY |.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

JANUARY 5, 2012

ACCOUNTING |. Accounting & Finance. I hope these ideas help as the year starts and we get closer to the construction season. Tags accounting. accounting software. change orders. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.

Construction 120

Construction Bidding Software Software 120

ProcurementExpress.com

JANUARY 2, 2019

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account. From an accounting perspective, WIP represents an asset on the balance sheet.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

Construction Business Owner

OCTOBER 20, 2011

ACCOUNTING |. Accounting & Finance. Not too long ago, or so it seems, we were more than ecstatic at the idea of being able to call our project managers in the field on mobile phones. Tags accounting. accounting software. change orders. Construction Accounting Software. STRATEGY |. MANAGEMENT |.

Construction 136

Construction Software Software Project Management 136

Construction Business Owner

MARCH 29, 2012

ACCOUNTING |. Accounting & Finance. I hope these ideas will help with your construction business management. Tags accounting. accounting software. change orders. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

DECEMBER 1, 2011

ACCOUNTING |. Accounting & Finance. And these are not light-weight “apps” – these are powerful enterprise systems for accounting, financial management, project management, HR, and more. cloud computing) is going to bring us closer to that idea. Tags accounting. accounting software. change orders.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MARCH 29, 2012

ACCOUNTING |. Accounting & Finance. Drawings have been used by designers for centuries to communicate ideas to the construction trades. Tags accounting. accounting software. change orders. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |.

Construction 120

Construction BIM Software Software 120

Pro Builder

MARCH 29, 2022

Purchasing is not about how efficiently you can award new communities or process change orders. To mitigate that issue, do all you can to set milestones and hold other departments accountable for their part of the process. To be fair, you may have a paper processor instead of a true purchasing professional in that role.

Industrial 98

Industrial Management Schedule Resource 98

ProcurementExpress.com

JANUARY 2, 2019

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account. From an accounting perspective, WIP represents an asset on the balance sheet. How Does WIP Fit into the Construction Business?

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Contractor Bookkeeping

JULY 7, 2014

Owning a construction company is so much different from just working for another construction contractor and in most cases, new contractors had no idea what was involved in the business end of the operation before they started. Reconcile The Bank Accounts. Reconcile The Credit Card Accounts. Reconcile The Credit Card Accounts.

Contractors 49

Contractors Accounting Banking Project Management 49

Contractor Bookkeeping

JUNE 18, 2013

Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2 2 Change State - Arriving at a new understanding about something. Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template).

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Autodesk Construction Cloud

JUNE 20, 2023

Typically, construction punch lists only include small fixes, because the majority of large issues have already been fixed or addressed previously through a change order. They even go a step further and make sure that everyone knows which items on the punch list they are accountable for well before project closeout.

Construction 52

Construction Software Software Budgeting 52

Contractor Bookkeeping

OCTOBER 4, 2013

There are links to other resources included in this article and it is put together in the order of importance. Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2 2 Change State - Arriving at a new understanding about something. Are you open to a Paradigm Shift

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

JULY 23, 2013

Don’t be afraid to bring out the estimate, change order form or invoice. In most cases they want you to write up the order and if you do not get the paperwork started early they oftentimes think you are rejecting them. Be sure to keep some change order forms handy in case you need them.

Construction 59

Construction Deals Change Orders Contractors 59

Contractor Bookkeeping

FEBRUARY 28, 2014

There Are Three Steps To The Contractor Paradigm Shift: #1 Unfreeze - Open the portals of your mind and be open to new ideas and test them to determine if they are in agreement with your core values. #2 2 Change State - Arrive at a new understanding about something. Changes in their operations due to contingencies beyond their control.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Autodesk Construction Cloud

NOVEMBER 7, 2022

Typically, punch lists only include small fixes, because the majority of large issues have already been fixed or addressed previously through a change order. They even go a step further and make sure that everyone knows which items on the punch list they are accountable for well before project closeout.

Construction 52

Construction Software Software Budgeting 52

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Bank Accounts - Set up two bank accounts in your company name.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

FEBRUARY 14, 2014

We all know about the idea that if you can get someone to agree to hire you to work ten hours a day for thirty days and only get paid $.01 The first step in Best Practices is "M" for "Marketing" then "A" for "Accounting" followed by ""P" for "Production". Who will service my account? & P.A.M.". Do you replace my C.P.A.?

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

MAY 16, 2014

1 - What do you know about construction accounting? Go deeper ask about how they handle Work-In-Process (WIP), Retention, Job Deposits, Maintenance Agreement Tracking, Change Order Tracking, Payment Applications. Do they have the 10,000 hours of training and practice it takes to be good at construction accounting?

Contractors 48

Contractors Accounting Office US 48

Contractor Bookkeeping

JULY 18, 2012

Most regular bookkeepers have no idea what that means let alone put it together and track it properly in QuickBooks. Many Bookkeepers Have Been Stumped - Trying to force QuickBooks to do the accounting for commercial tenant improvement contractors and I understand and empathize with their plight.

Commercial 54

Commercial Contractors Remodeling Cash Flow 54

Job Order Contracting

DECEMBER 13, 2020

The key to consistent delivery of successful projects therefore lies in the ability to account for and/or manage variations as they occur. The ability to successfully account for and manage change during a project lies in an organization’s leadership and level of maturity relative to its strategies, processes, goals, and resources.

Project Management 161

Project Management Capterra Organization Management 161

PSMJ Resources

MAY 14, 2012

Use status reports as a real time journal to document anomalies and support change orders. Use status reports to enable your client to recognize progress every week and in the process hold everyone accountable for team success. Construction Marketing Ideas. Reserve these issues for private or small group discussion.

Resource 46

Resource ACEC Finance Change Orders 46

Autodesk Construction Cloud

DECEMBER 20, 2021

While a rewarding career, a PM is on the scene to juggle change orders, large teams of workers and unexpected issues–all while ensuring all work meets expected quality, budget and schedule. Flexible and transparent planning construction project managers see all processes to track productivity and make changes when needed.

Project Management 52

Project Management Management Construction Risk 52

ProcurementExpress.com

JULY 15, 2019

There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement, and more. Think about it this way: bringing your purchasing process into the cloud means you can check incoming orders against pending ones, cutting back on duplicates that hurt your bottom line. Process Change Orders Quickly.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

ProcurementExpress.com

JULY 15, 2019

There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement , and more. Think about it this way: bringing your purchasing process into the cloud means you can check incoming orders against pending ones, cutting back on duplicates that hurt your bottom line. Embrace Automation.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Viewpoint Construction Technology

MAY 30, 2018

Effective project management means controlling the data flow and staying on top of transmittals, submittals, RFIs, email communications, change orders, materials, inventory, job cost and WIP reports, labor hours and wages, union rules, safety regulations, insurance and bonding, compliance data and a whole lot more.

Project Management 141

Project Management Management Contractors Software 141

Autodesk Construction Cloud

JULY 5, 2022

Spreadsheets aren’t exactly a shining example of “selling an idea.” From contract generation to generating documents for change orders and monthly payment applications, a lack of standardized cost documentation can be extremely disruptive to project progress. So, we’ve made access to data visualizations even easier.

Autodesk 92

Autodesk Documentation Visualization Management 92

Autodesk Construction Cloud

MAY 27, 2022

It requires essential skills in leadership, communication, time management, coordination, problem-solving, accountability, and planning. The project manager will also be involved in preconstruction, budgeting, vendor management, change orders, and more. To Degree or Not to Degree? Consider Pursuing a Course.

Project Management 98

Project Management Management Construction Resource 98