Constructonomics

JULY 2, 2021

The construction industry is no exception. Increased health risks that came along with COVID-19 worsened the productivity and efficiency in the construction sector. But, it is also said that construction has a strong potential to accelerate recovery due to its ability to create jobs. A lot of U.S.

Industrial 100

Industrial Construction Safety Guidelines 100

Viewpoint Construction Technology

MAY 17, 2018

Editor’s Note: This is Part 1 of a five-part series on Construction Project Management. The lifeblood of any construction company is the construction project itself. How those projects are managed can make or break the company. Project Management Versus Construction Project Management.

Project Management 214

Project Management Management Capterra Software 214

Autodesk Construction Cloud

JULY 31, 2023

In the race to meet surging construction demand and reduce risk, the industry is turning to innovative solutions such as prefabrication and modular construction to increase productivity and protect margins. In other words, you need the right combination of people and technology to execute prefab and modular construction.

Autodesk 98

Autodesk BIM Innovation Materials 98

Lets Build

MAY 20, 2020

at UK BIM Task Force) during the recent Virtual Town Hall , organised by LetsBuild, perfectly describe the situation that the construction industry is currently in. Like every other industry around the world, construction is suffering the unprecedented impact of the Coronavirus outbreak. Some will handle the crisis better than others.

Construction 179

Construction Innovation Industrial BIM 179

ProcurementExpress.com

FEBRUARY 11, 2019

Construction teams face unique procurement challenges due to the complex nature of the business. It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management.

Procurement 63

Procurement Plans Construction Budgeting 63

Construction Junkie

AUGUST 17, 2020

Managers can use the app to track inventory and determine maintenance needs. Late last week, Milwaukee Tool announced a new integration into Autodesk’s construction management software, BIM 360. Back in February, Milwaukee also announced an integration with another popular construction management software, Procore.

BIM 53

BIM Milwaukee ProCore Autodesk 53

Contractor Bookkeeping

OCTOBER 7, 2013

Online bookkeeping has several advantages: 24/7 Access to your accounting data. You do not own your accounting information which means as long as you are in their good graces you are O.K. 02 Qualified Accounting firm To Act As Liaison. If You Have Tried QuickBooks Online And Are Not Satisfied Perhaps We Can Help.

Accounting 48

Accounting Contractors Documentation Profitability 48

ProcurementExpress.com

FEBRUARY 11, 2019

Construction teams face unique procurement challenges due to the complex nature of the business. It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management.

Procurement 52

Procurement Plans Construction Budgeting 52

ProcurementExpress.com

JANUARY 2, 2019

Let me tell you about Construction’s Secret Weapon. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. 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.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

Contractor Bookkeeping

SEPTEMBER 12, 2014

Construction Company. High profit construction company owner''s focus on both and understand it "Takes Money To Make Money". 1 Get Rid Of Paperwork - All it does is slow your down and the more construction projects you win the more paperwork you will have to deal with. Three Simple Yet Powerful Action Steps You.

Profitability 48

Profitability Accounting Construction Project Management 48

Construction Cost Estimating

JULY 15, 2013

There are various companies in the market wo provide mobile based solutions for construction industries. Dexter & Chaney lately launched a cloud-based service management and dispatch software tool designed for contractors. This tool facilitates contractors to be well versed with work order management and service dispatch.

Contractors 65

Contractors Software Software Inventory 65

Contractor Bookkeeping

MAY 7, 2014

1 Internal Bookkeeping which is the day-to-day data entry, reconciling bank accounts, credit card accounts, payroll processing and the other tasks with one primary purpose. Three Levels Of Accounting. #1 1 Retail which is roughly 80% of all bookkeeping and accounting and is primarily what is taught in colleges and universities.

Accounting 48

Accounting Construction Retail Contractors 48

Contractor Bookkeeping

FEBRUARY 10, 2014

Your Tax Bill Is Based - On reports produced from your accounting system. QuickBooks Year End Closing Tips For Your Construction Company. There are still a few things the accounting department needs to do. Reconcile Bank And Credit Card Accounts. Money In (Accounts Receivable). Inventory Count By December 31st.

Accounting 48

Accounting Construction Banking Project Management 48

ProcurementExpress.com

JANUARY 2, 2019

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. 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. How Does WIP Fit into the Construction Business?

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Fieldwire

FEBRUARY 14, 2022

Anyone who has managed a construction company, department, or project knows profitability can be challenging. Investment in equipment maintenance, along with up-to-date inventories and maintenance records, can help avoid costly down time and inefficient performance. Here are seven traits of profitable contractors.

Profitability 98

Profitability Contractors Management Contract 98

Autodesk Construction Cloud

DECEMBER 12, 2021

Why Construction Teams Should Be Tracking Way More Than Financials. How do you measure project success? As owners and project executives usually are looking at high-level metrics, it’s easy for teams to get driven purely by the money. Construction teams need to track more than financials to determine a project’s success.

Profitability 52

Profitability Products CFMA Construction 52

Lets Build

JUNE 24, 2021

Many project managers who work on projects with a lot of repetition tell us that they have to spend up to 50% of their time each week on admin-heavy tasks related to planning. Their programme is stuck on MS Project and to update it they have to go through countless WhatsApp notifications, emails, or phone calls.

Project Management 137

Project Management Management Zoning Plans 137

Viewpoint Construction Technology

MAY 30, 2018

Editor’s Note: This is Part 3 of a five-part series on Construction Project Management. Previously, we looked at the complexity of construction projects and the importance of the folks working on project teams—especially the project manager who has to keep all people and processes moving on a daily basis.

Project Management 173

Project Management Management Contractors Software 173

Contractor Bookkeeping

AUGUST 29, 2014

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

Cash Flow 48

Cash Flow Management Contract Accounting 48

Contractor Bookkeeping

DECEMBER 5, 2013

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". There are still a few things the accounting department needs to do. Reconcile Bank And Credit Card Accounts.

Accounting 55

Accounting Banking Project Management Contractors 55

ProcurementExpress.com

AUGUST 12, 2019

Construction daily reports are a vital part of managing construction projects. They provide an ongoing record of incidents, conditions, and the full range of tasks related to a project in progress. 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

AUGUST 11, 2014

His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. 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.

Profitability 48

Profitability Contractors Accounting Income 48

Contractor Bookkeeping

DECEMBER 12, 2013

The topic was Ask A Bookkeeper -- Easy End of the Year Accounting and in case you are interested I pre-recorded a video of the entire presentation which you can see below. There are still a few things the accounting department needs to do. Reconcile Bank And Credit Card Accounts. Money In (Accounts Receivable).

Accounting 49

Accounting Banking Project Management Seattle 49

Construction Cost Estimating

JUNE 5, 2012

Construction Cost Estimating Blog. Enhance your takeoff, estimating, and proposal management procedures with ProContractorMX™ by Maxwell. Maxwell introduces ProContractorMX™ containing robust and comprehensible features to enhance your takeoff , estimating, and proposal management procedures. adsense analytic.

Estimating 45

Estimating Construction Software Software 45

Contractor Bookkeeping

AUGUST 21, 2013

Updating Chart of Accounts. No Inventory Reporting. Tax Accountants in an effort to make QuickBooks online easier for them. Most Construction Companies started using QuickBooks Online so they could get to their QuickBooks Pro or QuickBooks For Contractors file anywhere they have internet access 24/7. Payroll Issues.

Accounting 70

Accounting Profitability Contractors Washington 70

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Washington Project Management Contractors 48

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 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Project Management Contractors Washington 48

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Washington Project Management Contractors 48

ProcurementExpress.com

AUGUST 12, 2019

Construction daily reports are a vital part of managing construction projects. They provide an ongoing record of incidents, conditions, and the full range of tasks related to a project in progress. . 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

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contractors 49

Contractors Change Orders Accounting Schedule 49

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contractors 49

Contractors Change Orders Accounting Schedule 49

Contractor Bookkeeping

AUGUST 30, 2013

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. Invite Your Construction Bookkeeper To A Jobsite For Half A Day. It has to be the person who is a constru ction bookkeeper, not a regular bookkeeper because the difference between construction accounting and regular accounting is night and day.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Project Management Contractors Washington 48

Construction Cost Estimating

MAY 31, 2012

Construction Cost Estimating Blog. TRAKware provides end to end solution for your construction estimating process. TRAKware is a business management solution that contains an extremely instinctive synchronized scheduling system to recreate the production schedule graphically and convey it to all the personnel engaged with the project.

Estimating 45

Estimating Inventory Fabrication Construction 45

Contractor Bookkeeping

JUNE 1, 2013

The First Place to start is an understanding the real profit in any construction is made in the office, not in the field because hard work in the field cannot overcome bad strategy from the office. Grow By The Inch Is A Cinch, Grow By The Yard Is Hard. We are in this together and we are pulling for you.

Products 48

Products Profitability Construction Cash Flow 48

Contractor Bookkeeping

JULY 27, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. QuickBooks Training Program For Construction Contractors. QuickBooks Classroom Training.

Contractors 49

Contractors Change Orders Accounting Schedule 49