Construction Enquirer

AUGUST 29, 2023

“Mature discussions” with clients about material price rises enabled specialist engineering contractor McGee to protect its profits despite rampant inflation. Latest results for the firm for the year to November 30 2022 show pre-tax profits steady at £6.1m from £6m last time despite a dip in turnover to £83.3m

Risk 77

Risk Profitability Security Engineering 77

Viewpoint Construction Technology

JANUARY 17, 2019

Additionally, the industry is still dominated by male professionals, accounting for 79.5% Contractors are Buying into Idea of New Tech…But Not Necessarily Funding It. More contractors are moving toward dedicated construction technologists, but the bad news is their IT budgets are still limited, this year’s report notes.

Contractors 130

Contractors Industrial Mobility Software 130

Safety Services Company

DECEMBER 1, 2023

Two contractors working for a construction firm bid for projects in the same city —we’ll call them Mark and Bob. Both contractors have operated with their firms for over 15 years, employ qualified workers, and boast high-level capability to take on major commercial jobs. Consider this! Here’s where things change.

Safety 109

Safety Bidding Contract Liability 109

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

Contractor Bookkeeping

AUGUST 27, 2014

QuickBooks For Contractors Setup. We Fix Bad QuickBooks For Contractors Setup Issues. Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle.

Contractors 88

Contractors Accounting Work in Progress Profitability 88

Contractor Bookkeeping

MAY 25, 2013

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One. You''re in the exact right place to learn about solution designed especially to help you read and understand your Job Costing and Job Profitability reports without having to setup QuickBooks and generate the reports yourself.

Accounting 48

Accounting Profitability Construction Contractors 48

Autodesk Construction Cloud

FEBRUARY 25, 2022

Evaluating a subcontractor’s health before awarding work has become more important than ever for general contractors. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Accounts Receivable Turnover . Formula: Revenue / Accounts Receivable .

Safety 94

Safety Debt Liability Equity 94

Contractor Bookkeeping

FEBRUARY 28, 2014

If you are like most construction contractors your dream has turned into a bit of a nightmare which you cannot seem to wake up from. Perhaps it is time for you to experience: The Contractor Paradigm Shift! We sincerely care about all contractors and want to do our part to help and support you.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

DECEMBER 20, 2013

Contractors Are Getting Paid Faster And Saving Time With Bill Paying Chores With Bill.Com. Online Invoicing and Bill Pay is the next great leap in productivity since the introduction of the cell phone!" - Randal DeHart, Premier Construction Accountant. Randal DeHart, Premier Construction Accountant.

Profitability 48

Profitability Accounting Construction Security 48

Contractor Bookkeeping

JANUARY 31, 2014

Lately with construction on the rise a number of construction contractors and their bookkeeping staff are searching for someone who can solve problems unique to QuickBooks for Mac. We are well grounded in construction accounting and have a number of clients all across the USA. How To Upload QuickBooks For Mac To Fast Easy Accounting.

Accounting 49

Accounting Construction Project Management Contractors 49

Job Order Contracting

MARCH 14, 2017

JOC construction labor costs p rovide the foundation for any successful Job Order Contracting Program. On average, labor accounts for sixty percent (60%) of a project total construction cost and is therefore a primary consideration. Bare costs (no contractor overhead and profit). JOC Construction Labor Costs.

Construction 100

Construction Overhead Contract Accounting 100

Contractor Bookkeeping

NOVEMBER 1, 2013

Is Xero Accounting Online Not Working For Your Construction Company? Xero Accounting Online is a great program for small contractors but it may not the power to do what you need it to do. We do one thing very, very well contractors bookkeeping services for construction contractors like you.

Accounting 48

Accounting Construction Contractors Project Management 48

Contractor Bookkeeping

SEPTEMBER 20, 2013

We Can Move Your QuickBooks Online To A QuickBooks For Contractors Desktop Version You Can Access Online! We can move everything from inside QuickBooks Online into QuickBooks For Contractors Desktop version and provide you with easy online access. Updating Chart of Accounts. Key Performance Reports Every Contractor Needs.

Contractors 48

Contractors Accounting Profitability Overhead 48

Job Order Contracting

APRIL 19, 2018

Within a Job Order Contract, JOC, each project/job order requires a detailed line item cost estimate (created by the contractor and reviewed by the owner). This assures a fuller understand of project scope of work by both the owner and the contractor. For example, using location factors can result in 30%+ error in labor costs alone.

Overhead 100

Overhead Estimating Profitability CSI 100

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Starting Or Re-Starting A Construction Company Is Easy.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

FEBRUARY 14, 2014

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. Click the button below to get right to the Frequently Asked Questions About Outsourced Contractors Bookkeeping Services. 4 out of 100 contractors will earn between 3%-15% net profit.

FAQ 49

FAQ Contractors Accounting Security 49

Job Order Contracting

NOVEMBER 17, 2020

The UPB is organized using the CSI MasterFormat data architecture and includes separate line items for demolition as well as line item modifiers (the latter are cost adds or deducts to account for project size or other variables). If a UPB is properly created it consists of “bare costs” only (no contractor overhead or profit).

Contract 130

Contract Bidding Procurement CSI 130

Contractor Bookkeeping

JANUARY 6, 2014

The Old Way Contractors Invoiced the jobs were sometimes just as much or more work than doing of the job itself. Construction Contractors Have Two Choices depending on what you are most comfortable with, QuickBooks Desktop Version In The Cloud or Xero Accounting Online. Xero Accounting Online. Need Payment Applications.

Accounting 50

Accounting Contractors Work in Progress Banking 50

Contractor Bookkeeping

JUNE 29, 2013

Contractors Don''t Want Drills - They want holes. Contractors Don''t Want QuickBooks - In fact most of our clients don''t like it, some hate it and a few see it as a necessary evil that must be tolerated. They just want financial reports, Profit & Loss, Balance Sheet, Job Costing Reports and Job Profitability Reports.

Contractors 72

Contractors Office Work in Progress Profitability 72

Job Order Contracting

MAY 15, 2017

Line item modifiers are used to account for quantities, access, and other variables. The coefficient(s) is intended to account for the contractors overhead and profit, and any other items that are allowed per the Job Order Contract. Task descriptions are in plain English using industry standard terms. to 1.20.

Contract 100

Contract CSI Overhead Accounting 100

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

BD+C

NOVEMBER 15, 2023

According to the survey, shrink accounted for a staggering $112.1 Wal-Mart loses an estimated $12-18 billion in profits per year due to theft. Retailers are also investing more on security, with extra personnel and high-tech security systems equipped with better cameras and more sophisticated anti-theft detection in their builds.

Retail 59

Retail Security Atlanta Organization 59

Contractor Bookkeeping

JULY 24, 2013

Contractors Using QuickBooks Online May Experience Some The Following Issues. Updating Chart of Accounts. Tax Accountants in an effort to make QuickBooks online easier for them. Key Performance Reports Every Contractor Needs. Profit & Loss statement anytime YOU want it! Limited Job Costing Reporting.

Contractors 48

Contractors Profitability Security Accounting 48

Levelset

APRIL 1, 2022

As a contractor or sub, you can expect to incur many costs during the course of a construction project. Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Theft from construction sites is a serious issue, and it costs contractors a lot of money each year. Insurance claims.

Site 52

Site Cash Flow Insurance Construction 52

Contractor Bookkeeping

AUGUST 18, 2014

Contractors Everywhere are Overpaying on Payroll. These days you won’t find a contractor using inefficient tools on the jobsite. While every contractor recognizes the flaws of using inefficient tools on the jobsite, they may still be losing money due to inefficient payroll tools and processes. Are You One of Them? No question.

Contractors 48

Contractors Accounting Mobility Software 48

Contractor Bookkeeping

JANUARY 14, 2013

Do you have a wife, girlfriend, partner, neighbor doing your contractor bookkeeping? Did You Know - That your construction company can have all of the benefits of a professional construction accounting staff in most cases for less than it costs to hire someone to be in your office? Emergency Accounting Services Nights And Weekends!

Contractors 55

Contractors Accounting Profitability Insurance 55

Construction Business Owner

SEPTEMBER 27, 2011

ACCOUNTING |. Accounting & Finance. « Considering New Accounting Software? A lot of contractors have asked me about Section 179. Most of these contractors are considering an investment in equipment or software, and they want to know if it can actually help their construction business. Tags accounting.

Construction 180

Construction Software Software Accounting 180

Contractor Bookkeeping

JULY 22, 2014

At networking events, construction contractors have asked me if we are cheaper than a virtual bookkeeper is. The time contractors save can be used to do things only they can do like meeting with clients, scheduling jobs and riding herd over apprentices. Click here to learn what contractors need in QuickBooks setup.

Contractors 48

Contractors Accounting Office Documentation 48

Contractor Bookkeeping

JUNE 11, 2014

Washington State Department of Revenue is sending emails to all construction Contractors and other business owners. A new message regarding a change to the Department of Revenue''s banking information is waiting in your Secure Messaging Inbox regarding your account. https://fortress.wa.gov/dor/efile/MyAccount/SecureMail/.

Washington 48

Washington Contractors Banking Accounting 48

Construction Marketing

DECEMBER 19, 2019

Managing a reputation for delivering high-quality projects, keeping your business profitable, your people productive, and your firm growing requires focus, commitment, and understanding. It’s a secure, SaaS solution with reporting, dashboards and data analytics available on phones, tablets and PCs—anywhere at any time.

Software 206

Software Software Construction ProCore 206

Contractor Bookkeeping

AUGUST 21, 2013

Contractors Using QuickBooks Online May Experience Some The Following Issues Which They Didn''t Have With QuickBooks Desktop Version! Updating Chart of Accounts. Tax Accountants in an effort to make QuickBooks online easier for them. Key Performance Reports Every Contractor Needs. Limited Job Costing Reporting.

Accounting 67

Accounting Profitability Contractors Washington 67

Construction Business Owner

AUGUST 30, 2011

ACCOUNTING |. Accounting & Finance. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. Construction-specific systems allow contractors to instantly track and analyze job progress and performance.

Construction 168

Construction Software Software Accounting 168

Contractor Bookkeeping

JUNE 13, 2013

Contractors Need People Who Solve Problems Not Assign Homework! His wife works a full time job and performs the contractor bookkeeping services. She hates contractor bookkeeping because she is not trained in it. Heated arguments occurred when he asks for Profit and Loss or Job Profitability reports. Professional.

Contractors 48

Contractors Profitability Cash Flow Consulting 48

Contractor Bookkeeping

FEBRUARY 10, 2014

Contractors Should Use Reseller Permits When Buying Items For Resale. Construction Companies - In Washington State contractors selling material (as part of your service) is a taxable event. This can be copied and mailed / emailed to your major suppliers and sub-contractors. Who is the customer? When is sales tax paid?

Certification 49

Certification Washington Contractors Cash Flow 49

Construction Business Owner

JANUARY 18, 2012

ACCOUNTING |. Accounting & Finance. Mid-January is a time of reflection for many contractors. Querying different type of jobs in job costing to look at profitability by type. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

APRIL 1, 2011

ACCOUNTING |. Accounting & Finance. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. Tags accounting. accounting software.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

APRIL 5, 2012

ACCOUNTING |. Accounting & Finance. And risk can be a profit center, since insurance companies obviously make money. Contractors work in the middle of a chain of risk passed onto them. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law.

Risk 120

Risk Insurance Construction Software 120