Construction Business Owner

AUGUST 12, 2022

Meeting the demands of quality accounts payable candidates to help grow your business. But what are accounts payable (AP) professionals looking for in their career? Accounts Payable. Status of webinar Upcoming. Thu, 09/29/2022 - 12:00. What is most valuable to them when evaluating job opportunities? Chris Elmore. AvidXchange.

Charlotte 295

Charlotte North Carolina Accounting Construction 295

Viewpoint Construction Technology

NOVEMBER 6, 2018

Viewpoint Team improves project manager data self-sufficiency by providing job cost and billing actuals data without jumping to another application. Although project managers have broad responsibilities, keeping track of job financials is key. One of the many reports project managers can access via Team.

Project Management 211

Project Management Management Viewpoint Software 211

Levelset

JUNE 6, 2022

In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor. Retention receivable and payable is different from accounts receivable and payable. View profile.

Accounting 98

Accounting ABC Banking Liability 98

Construction Business Owner

JUNE 19, 2016

In today's world, the emerging construction financial manager (ECFM) faces many challenges. Internally, he/she may go from working with his/her immediate accounting team to dealing with the company's ownership or executive management team.

Finance 192

Finance Deals Project Management Accounting 192

Construction Business Owner

FEBRUARY 14, 2023

You’ll learn how to: • Create a modern expense policy based on trust, not control • Use tech to increase adoption and simplify enforcement • Reduce out-of-policy spending and rogue expenses SPEAKERS Christian Barfuss Account Executive Divvy Christian Barfuss is a senior account executive and has been with Divvy for nearly five years.

Construction 156

Construction Accounting Finance Management 156

Construction Business Owner

JUNE 19, 2016

In today's world, the emerging construction financial manager (ECFM) faces many challenges. Internally, he/she may go from working with his/her immediate accounting team to dealing with the company's ownership or executive management team.

Finance 120

Finance Deals Project Management Accounting 120

Lets Build

APRIL 15, 2020

The term construction project management can be used to describe a vast number of tasks, roles and responsibilities. Additionally, the basics and essentials of budgeting, finance, organisation, scheduling, conflicts, and legal issues are also covered by the project manager. Construction Management 101. The basics.

Project Management 148

Project Management Management Construction Feasibility 148

Levelset

MARCH 21, 2022

Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Protect your lien rights.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Levelset

SEPTEMBER 30, 2022

With your back against the wall, dipping into your personal bank account may feel like an easy solution. But when you take into account how long it takes for specialty contractors to get paid, it gets risky quickly, especially if you’re just starting out. Check out more articles on cash flow management here.

Cash Flow 52

Cash Flow Banking Finance Bidding 52

Contractor Bookkeeping

APRIL 14, 2023

As a small business owner, you're likely already aware of the importance of keeping your finances in order. Financial management goes deeper than paying your bills on time and collecting invoices (although those are also important).

IRS 89

IRS Finance Income Budgeting 89

Viewpoint Construction Technology

JUNE 6, 2018

Editor’s Note: This is Part 4 of a five-part series on Construction Project Management. Often, project managers work with information culled together in reports generated in software systems that cannot pull data until it is fully processed or individual phases of the project are completed. Why is that important?

Project Management 189

Project Management Management Software Software 189

Lets Build

AUGUST 3, 2017

From sales management techniques to accounting software, we have digitized and automated our work to a level where we require very less man power. There are millions of ways software can transform the way construction processes are happening and here are a few ways digital transformation can be a game changer: Performance Management.

Software 129

Software Software Maine Management 129

Autodesk Construction Cloud

JULY 14, 2022

Emerson Smith, Assistant Project Manager at Donohoe Construction Company , understands this fully and he’s a big fan of using technology to take care of tedious tasks. The company has five different divisions: development, real estate, building management, hospitality, and construction. The scope of work varies a lot. .

Project Management 97

Project Management Management Autodesk ProCore 97

Viewpoint Construction Technology

FEBRUARY 12, 2019

The main reason construction businesses implement an integrated project management system is for the visibility that they can gain over every aspect of a project. Here’s a list of key reports that you should be able to pull at any moment from your construction project management software: Basic Accounting Reports.

Cash Flow 130

Cash Flow Software Software Accounting 130

Lets Build

JUNE 7, 2019

In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1. Yet having at least some understanding of cost analysis isn’t just desirable—it’s necessary.

Estimating 130

Estimating Banking Finance Profitability 130

Construction Business Owner

NOVEMBER 29, 2012

Editor’s Note: This is the second in a six-part series titled “The Project Manager’s MBA,” which analyzes six key components of leading business practice and applies them to the construction industry. To read the first article in the series on finance and accounting, click here.

Project Management 136

Project Management Management Finance Accounting 136

Viewpoint Construction Technology

JUNE 5, 2018

Revenue recognition standards were recently updated by the Financial Accounting Standards Board , and these updates will have an impact in the construction industry. Understand the Effect on Construction Accounting. As we’ve discussed, the changes will definitely affect contract accounting at your business.

Contractors 227

Contractors Accounting Contract Viewpoint 227

Carol Hagen

FEBRUARY 18, 2013

Whether you are a residential or commercial general contractor, Quickbooks is the most popular accounting software serving the construction industry in the United States. The challenge is achieving an integrated solution with estimating, scheduling and project management capabilities while addressing detailed job costing.

CoreCon 141

CoreCon Management Software Software 141

Contractor Bookkeeping

SEPTEMBER 22, 2023

A fractional CFO, or Chief Financial Officer, is a finance professional working part-time, retainer, or contract. Because their financial management skills are so well-developed, it's common to bring one on board to help navigate a challenge. Their specialty is providing outsourced CFO services to small and medium businesses.

Construction 105

Construction Finance Contract Office 105

Contractor Bookkeeping

JUNE 14, 2013

Project Management Construction Accounting Professionals (PMP) work above the line focused on generating positive outcomes and results for contractors: Increase Sales. Allowing a construction accounting firm to preparer your annual tax return is foolish because there is nobody to review the work. Reduces Expenses.

Accounting 48

Accounting Construction Income Contractors 48

Contractor Bookkeeping

OCTOBER 22, 2021

It would be best if you had excellent planning, efficient project managing, and perhaps the right amount of staff working to keep customers happy, but not so many people that workers are standing around looking for things to do. The bad news is that homeowners won't wait around forever for you to fix your time management issues.

Remodeling 98

Remodeling Management News Project Management 98

Construction Business Owner

AUGUST 16, 2016

The Construction Financial Management Association’s (CFMA) 2016 Annual Conference & Exhibition was held June 25-29 at the JW Marriott San Antonio Hill Country Resort & Spa in San Antonio, Texas. For the first time in the history of the conference, total attendance exceeded 1,300.

CFMA 120

CFMA San Antonio Conference Education 120

Construction Business Owner

AUGUST 4, 2016

The Construction Financial Management Association’s (CFMA) 2016 Annual Conference & Exhibition was held June 25-29 at the JW Marriott San Antonio Hill Country Resort & Spa in San Antonio, Texas. For the first time in the history of the conference, total attendance exceeded 1,300.

San Antonio 120

San Antonio Education CFMA Conference 120

Viewpoint Construction Technology

SEPTEMBER 23, 2018

In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.

Industrial 130

Industrial Accounting Viewpoint Construction 130

Autodesk Construction Cloud

DECEMBER 20, 2021

Top Resources for Construction Project Managers. “If If you’re looking for a relaxing profession, choose construction management.” – said no experienced construction project manager ever. If and when things go wrong, you can bet the manager will be the first to hear about it, and frequently, the first to receive the blame.

Project Management 52

Project Management Management Construction Risk 52

Viewpoint Construction Technology

OCTOBER 16, 2018

And, as business globally gravitates further to the cloud to manage financial and operational data, so to does the construction industry. Our clients are at the forefront of this shift, implementing integrated construction management software and solutions to achieve new heights in productivity and profitability.”.

Viewpoint 195

Viewpoint Software Software Accounting 195

Contractor Bookkeeping

AUGUST 6, 2014

2 The financials tell the banker your bookkeeper doesn''t understand Construction Accounting. #3 4 You have no access to a construction accountant, not even for quarterly check-ups. #5 Bankers love chatting with accountants because we speak the same language. The Risk Management Association (RMA).

Finance 48

Finance Accounting Construction Banking 48

Construction Enquirer

JULY 10, 2023

. “JTL have a number of divisons across Facilities Management, Regeneration, Refurbishment, Engineering Services, and Care. “We as a board have worked tirelessly to attract additional overall finance into the group to invest for the future. . The company employed 460 staff at the time of the accounts and owed £17.7m

Cash Flow 98

Cash Flow Accounting Office Finance 98

Levelset

JULY 25, 2022

Construction companies need to know the differences between the three types of capital and why each one is useful for managing and growing a business. Because payment for construction jobs may be weeks or months after work is already completed, companies must manage their finances carefully to maintain cash reserves for taking on new jobs.

Debt 97

Debt Cash Flow Equity Finance 97

Contractor Bookkeeping

NOVEMBER 25, 2013

Let and let us take care of your bookkeeping with Xero Accounting Online! You can see at a glance what is happening with your finances anytime online from your smartphone, desktop, iPhone or any web enabled device. We Make Getting Started With Xero Accounting Online Painless! Xero Accounting Online Conversion.

Accounting 49

Accounting Banking Project Management Washington 49

Pro Builder

APRIL 19, 2021

For practices like estimates, time tracking, project management, change order management, accounting, and other key processes, mechanical contractor software has helped complete jobs more efficiently and effectively. 2) Time & Productivity Management. 4) Budgeting & Finances. 3) Estimating. Building Software.

Software 52

Software Software Contractors Change Orders 52

Contractor Bookkeeping

DECEMBER 3, 2013

Did You Have Trouble Setting Up Xero Accounting Online? You are not alone, it is an accounting program built to satisfy the needs of accountants with an attempt to make it easy for non-accountants. Xero Accounting Online Setup is not as complicated as QuickBooks setup projects. Set up your Chart of Accounts.

Accounting 48

Accounting Washington Leases Insurance 48

Construction Business Owner

FEBRUARY 16, 2012

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. Mountjoy, Chilton, Medley LLP is a CPA firm with a team of accountants dedicated to construction accounting. STRATEGY |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.

Banking 120

Banking Construction Cash Flow Finance 120

Viewpoint Construction Technology

FEBRUARY 14, 2019

One of the biggest challenges that contractors’ finance and accounting departments face is keeping up with all of the ever-changing tax regulations, incentives and procedures. Manage the company’s cash effectively to account for future downturns.

Viewpoint 204

Viewpoint Construction Contractors San Francisco 204

BD+C

JUNE 22, 2023

With more than 43 years of experience, Averill is an accomplished leader with an extensive background in global finance and business management and a proven track record of leadership and operational excellence at Pepper.

Construction 52

Construction Finance Indiana Office 52

Autodesk Construction Cloud

FEBRUARY 25, 2022

The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Accounts Receivable Turnover . Current Ratio . Debt Ratio .

Safety 94

Safety Debt Liability Equity 94

Construction Business Owner

SEPTEMBER 27, 2011

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. « Considering New Accounting Software? Better Project Management through Better Communication. Tags accounting. accounting software. construction management.

Construction 180

Construction Software Software Accounting 180