ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. They manage multiple projects , purchase a large quantity of materials, and work with a variety of subcontractors and vendors. Embrace Automation. We’ve talked about this on, well, too many occasions to count. Speed Up Receivables.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Construction Business Owner

SEPTEMBER 29, 2021

The Blueprint for Better Expense Management. How Construction Companies Can Boost Cash Flow and Profitability. How your company pays for purchases and manages expenses impacts your employees, your customers, and your key business metrics, including profitability. Streamline the accounting process. Greg Ragsdale.

Management 291

Management Virgin Islands Cash Flow Puerto Rico 291

Construction Business Owner

SEPTEMBER 30, 2011

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. However, after taking it out of the box, I knew to charge my iPad and then download necessary business-related applications (after downloading Angry Birds, of course). Tags accounting.

Construction 120

Construction Software Software iPad 120

Construction Business Owner

OCTOBER 26, 2011

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. Many times, you don’t know which subcontractors have seen your project, which have downloaded or ordered prints of your plans and specs, or which ones will submit bids. Tags accounting.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

AUGUST 2, 2012

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

Software 120

Software Software Construction Accounting 120

Autodesk Construction Cloud

JULY 8, 2021

Given the continually changing nature of construction projects, accurately managing and executing construction costs is critical to the project’s financial outcome. A key piece is having the ability to see and compare how much specific items or tasks cost so you can correctly forecast and manage cash flow. .

Construction 52

Construction Profitability Budgeting Budget 52

Contractor Bookkeeping

JUNE 11, 2014

A new message regarding a change to the Department of Revenue''s banking information is waiting in your Secure Messaging Inbox regarding your account. To read the message, visit the WA State Department of Revenue website and login to My Account by clicking the link below. Click On The Button Below To Download A Free Guide.

Washington 48

Washington Contractors Banking Accounting 48

Construction Business Owner

JUNE 14, 2012

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. Better Project Management through Better Communication » 4 Criteria to Consider When Choosing a Hosting Service. Better Project Management through Better Communication.

Construction 120

Construction Software Software Security 120

Construction Business Owner

DECEMBER 9, 2011

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. Until recently, most business software was delivered on discs in packaged boxes, or downloaded onto company servers and workstations. Better Project Management through Better Communication.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

DECEMBER 1, 2011

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. 3 Tips for Better Construction Fleet Fuel Management » Cloud Computing Basics: The Internet as a Utility. Better Project Management through Better Communication. Tags accounting.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

SEPTEMBER 1, 2014

Editor''s Note: We see many QuickBooks for contractor files where the contractor is paying tax on money they have not collected and when we ask why, the most common answer is the tax accountant wants to make sure the contractor pays their fair share of taxes. 3 Looking for trends to find ways to improve cash flow and profitability.

Contractors 48

Contractors Accounting Cash Flow Profitability 48

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. But, procurement , project management, and the C-suite should all monitor WIP closely. WIP is one element of an inventory account.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

Contractor Bookkeeping

MAY 28, 2014

Can Help You Overcome the challenges of Marketing, Accounting and Production by focusing on the keys to unlock your contracting company natural inclination to generate consistently high cash flow and profits. Click On The Button Below To Download A Free Guide. Business Process Management (BPM) For Contractors.

Contractors 48

Contractors Accounting Profitability Cash Flow 48

Contractor Bookkeeping

SEPTEMBER 12, 2014

This can be done with outsourcing your contractors bookkeeping services to someone like us with accounting systems in place to give you all of the benefits of fully staffed construction accounting department at a fraction of the price and none of the bad bookkeeper drama. Click On The Button Below To Download A Free Guide.

Profitability 48

Profitability Accounting Construction Project Management 48

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes. Poor document management results in overpaying taxes. Poor scheduling affects production and cash flow. Management skills are learned in the school of hard knocks.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

JULY 28, 2014

All construction problems are related to cash flow or communication. As soon as I need money I will ask for it - See Cash Flow Diagram. My wife is good at managing what little money I bring in so I don''t need any just yet. I have many charge accounts at suppliers everywhere. Click Here For More.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Contractor Bookkeeping

NOVEMBER 18, 2013

There Are Three Links With FREE Downloads. What Gets Measured Gets Managed! When good stuff goes into your QuickBooks or Xero Accounting Online good reports come out that you can rely upon to make intelligent decisions which can lead to nice profit margins. Business Process Management (BPM) For Contractors.

Accidents 48

Accidents Accounting Construction Profitability 48

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. But, procurement, project management, and the C-suite should all monitor WIP closely. WIP is one element of an inventory account. Click To Tweet.

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Contractor Bookkeeping

JUNE 19, 2013

Fast Easy Accounting has numerous FREE downloadable Forms for ever contractor around the world to use. Each one is just a little thing, a tiny process improvement that helps you be more efficient, have more cash flow and a better life. Click here. As friends we exchange emails and ideas to assist one another.

Profitability 49

Profitability Cash Flow Accounting Construction 49

Contractor Bookkeeping

AUGUST 25, 2014

Many commercial property owners have been putting off sealing parking lots, painting, renovating and other general maintenance projects due to the lack of cash flow. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to people like you so stop missing out! Need Help Now?

Contractors 48

Contractors Accounting Hawaii Profitability 48

Autodesk Construction Cloud

JANUARY 6, 2022

Developing a more collaborative culture is possible by changing project delivery methods, starting with collaboration with the original contract, embracing diversity, using collaboration tools, encouraging accountability, and focusing on human interaction. Encourage Accountability Through Feedback.

Construction 52

Construction Estimating Design Budgeting 52

Autodesk Construction Cloud

SEPTEMBER 19, 2023

Bridge | Import ACC Files / Folders – In Bridge, members can now import their Autodesk Construction Cloud folder and files, facilitating more collaboration across projects and accounts. These templates are accessible to download via the Data Connector template gallery tab.

Autodesk 122

Autodesk Products BIM Cash Flow 122

Contractor Bookkeeping

FEBRUARY 10, 2014

Your Tax Bill Is Based - On reports produced from your accounting system. Several years ago the accounting departments of smaller construction companies with less than $10M in annual sales had to slog through dozens of mind numbing General Journal Entries in order to "Close The Books". Reconcile Bank And Credit Card Accounts.

Accounting 48

Accounting Construction Banking Project Management 48

Construction Cost Estimating

MAY 23, 2012

Job Simplicity is a comp l ete building & construction management software utilized to control the full phase from bid management, job costing, estimating, purchasing, scheduling, service coordination to building. With Job Simplicity, one entry goes through the entire system and runs effortlessly to your Simply Accounting software.

Estimating 55

Estimating Software Software Sage 55

ProcurementExpress.com

AUGUST 12, 2019

Construction daily reports are a vital part of managing construction projects. These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. The problem is that supers and project managers often skip out on daily reporting or breeze through the steps.

Documentation 81

Documentation Contract Site Budgeting 81

Contractor Bookkeeping

JANUARY 27, 2014

Construction Accounting Services For Home Builders. Spec Home Builders Have Unique Construction Accounting Needs : Keeping Track Of Specialty Contractor Costs - Is one of the most valuable things your contractors bookkeeping services can do for you. The best way is to use Purchase Orders in QuickBooks.

Contractors 49

Contractors Accounting Banking Profitability 49

Contractor Bookkeeping

AUGUST 13, 2014

I Do Like Managed Risks - Which is anything I can control the input and have a greater than breakeven chance of making a profit. Knowledge Leads To Profits And Cash Flow. If you don''t know how to analyze your QuickBooks reports get someone that does, perhaps Fast Easy Accounting. What Makes Knowledge Powerful?

Contractors 48

Contractors Accounting Profitability CA 48

Contractor Bookkeeping

SEPTEMBER 27, 2013

What do you think would happen if a tax accountant with no construction skills tried to build a house and called you for some advice over the phone because it cannot be that hard! We have a FREE change order form you can download here. Business Processes Management. You just know it cannot be this hard!

Banking 49

Banking Change Orders Accounting Cash Flow 49

Autodesk Construction Cloud

SEPTEMBER 19, 2023

This month, we’re excited to release feature additions and enhancements to Autodesk Build across document management, project management, and cost management. These templates are accessible to download via the Data Connector template gallery tab.

Autodesk 59

Autodesk Cash Flow Management Drawings 59

Contractor Bookkeeping

MARCH 13, 2014

Six keys helped us out perform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family. I majored in Accounting in the first of several Universities I have attended. Subsequently I have become a perpetual student of Construction Accounting.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

AUGUST 4, 2014

Ever Wonder Why Some Competitors Seem To Have More Cash Flow And Profit Than You? According to the Construction Financial Management Association, ( www.cfma.org ) the average pre-tax net profit for general contractors is between 1.4 Click On The Button Below To Download A Free Guide. Click Here For More. Need Help Now?

Profitability 49

Profitability Contractors Accounting Documentation 49

Contractor Bookkeeping

AUGUST 11, 2014

Our In-depth Analysis Of QuickBooks Revealed These Critical Issues: The Chart of Accounts Was one of the worst QuickBooks Setup we have seen in the past ten years. It was obvious to us QuickBooks Setup was done by someone with very little if any experience in accounting let alone construction accounting. Click Here For More.

Profitability 48

Profitability Contractors Accounting Income 48

Pro Builder

JUNE 6, 2022

15 Management Systems to Help You Avoid the High-Speed Wobbles. But with that rapid growth come what I call “high-speed wobbles”—unsteadiness caused by lack of the management processes and systems needed to keep pace. Mon, 06/06/2022 - 07:00. Chuck Shinn. . Rising From the Ashes of the Great Recession. Work Smarter, Not Harder.

Management 52

Management Cash Flow Profitability Schedule 52

ProcurementExpress.com

AUGUST 12, 2019

Construction daily reports are a vital part of managing construction projects. These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. . The problem is that supers and project managers often skip out on daily reporting or breeze through the steps.

Documentation 52

Documentation Contract Site Budgeting 52

Contractor Bookkeeping

OCTOBER 4, 2013

Tell them you are working with a construction accountant that is involved with the bookkeeping and accounting and that you have a totally separate firm that prepares your Annual Federal Tax Return. 2 Connect With A QuickBooks Expert In Construction Accounting Services. The really good news they are on the banks payroll.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

JUNE 20, 2014

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. The only thing you know is your old boss was a terrible business manager and anyone could do better than that. Bank Accounts - Set up two bank accounts in your company name. Let us take care of your accounting.

Insurance 48

Insurance Construction Accounting Claims 48

Autodesk Construction Cloud

DECEMBER 18, 2021

Equipment tracking software may be needed to account for all moveable equipment. Step six is to write up a final report outlining each of the previous steps for upper management. Download our Ultimate Project Closeout Checklist : What Is Construction Closeout? Tools like Construction IQ can help.

Change Orders 52

Change Orders Documentation Equipment Risk 52