Remove strategy raise-revenue-understanding-overhead
article thumbnail

Construction Accounting Profit And Loss Reports Are A Hill Of Beans

Contractor Bookkeeping

Understanding only a few of the numbers can really improve your bottom line. Our QuickBooks Setup - For construction accounting separates direct and indirect construction costs from overhead costs. Gross profit is the difference ­between revenue and the cost of the material before overhead.

article thumbnail

Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

To help agencies better understand this contracting approach, this interim document highlights best practices in key phases of the multiple award contracting process including, among other areas, the “fair opportunity to be considered” requirement and streamlined ordering processes. Solicitation Requirements.