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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. That’s accounting’s job, right? 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.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. That’s accounting’s job, right? 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.

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Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders.

Job Order Contracting

Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders… possible? Design-Bid-Build. Traditional design-bid-build (DBB) delivery process with design, bidding, and construction in separate, sequential steps.

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How The Cloud Is Enabling Smarter Project Management—Part 4 of 5

Viewpoint Construction Technology

While having the best people in place, working together well and using the latest tools is critical, the construction project can still suffer if the data being tracked and reviewed is days or even weeks old. That outdated project information can make it hard to accurately gauge current job costs or work in progress.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Greg is a Principal at Mountjoy, Chilton, Medley LLP , a CPA firm with a team of accountants dedicated to construction accounting. Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why.

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What Is Xero Accounting Online And Why Are We Offering It?

Contractor Bookkeeping

What Is Xero Accounting Online? Xero Accounting Online Is An Established Leader In Accounting Software having been around since July 2006 and has quickly grown to over 200,000 users. Xero Accounting Online Is The Global Leader in online accounting with over 200,000 paying customers in over 100 countries.

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What Is Xero Accounting Software And Why Are We Offering It?

Contractor Bookkeeping

What Is Xero Accounting Software? Xero Is An Established Leader In Accounting Software having been around since July 2006 and has quickly grown to over 200,000 users. The pain point is that we were forced to learn more about the inner workings of a computer server and working with remote technicians than we ever cared to know.