Contractor Bookkeeping

JUNE 4, 2014

How To Put QuickBooks Product Information On Word Document. This Is One More Example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and grow your construction company. Xero Outsourced Construction Accounting Services. Click Here For More. Need Help Now?

Documentation 48

Documentation Products Accounting Project Management 48

Mr Ethics

JUNE 9, 2014

Ethics, The lead project designer wants us to turn over all documents related to a change order request we have submitted. The designer even wants our original bid sheets and profit calculations and bids from our subs. The architect is refusing to review our change order until we turn over those documents. What should we do?

Change Orders 100

Change Orders Bidding Documentation Profitability 100

Mr Ethics

JUNE 9, 2014

Ethics, The lead project designer wants us to turn over all documents related to a change order request we have submitted. The designer even wants our original bid sheets and profit calculations and bids from our subs. The architect is refusing to review our change order until we turn over those documents. What should we do?

Change Orders 100

Change Orders Bidding Documentation Profitability 100

Mr Ethics

JUNE 9, 2014

Ethics, The lead project designer wants us to turn over all documents related to a change order request we have submitted. The designer even wants our original bid sheets and profit calculations and bids from our subs. The architect is refusing to review our change order until we turn over those documents. What should we do?

Change Orders 100

Change Orders Bidding Documentation Profitability 100

Contractor Bookkeeping

JULY 30, 2014

Builder Accounting begins with a proper QuickBooks setup For Spec Home Builders. Understand to get good, usable information out of any accounting system that they need to be an active participant and code the paperwork. Accountants do not have a crystal ball and or a magic wand…It Is True – Garbage In = Garbage Out.

Accounting 49

Accounting Housing Construction Contractors 49

Lets Build

MAY 11, 2022

Construction companies, contractors, and owners account for preliminaries in their construction contracts because they often make up a significant percentage of the project and can be challenging to allocate across a project’s various activities. Free eBook: Guide to a digitised QHSE organisation. What are prelims?

Contract 144

Contract Construction Site Accounting 144

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. When You Are Ready - To send us your paperwork, receipts, documents simply open it up.

Accounting 48

Accounting Contractors Documentation Profitability 48

Viewpoint Construction Technology

JULY 17, 2018

Attend sessions taught by some of construction’s best in business valuation, succession planning, leadership and more to help you run a solid, profitable business where business thrives and the very best construction professionals want to work. Implementing Process-Driven Profitability: What You Need to Hear. 15-18 in Portland, Ore.

Conference 131

Conference Viewpoint Software Software 131

Contractor Bookkeeping

OCTOBER 13, 2012

We know what to do with the paper, the electronic documents and how to turn it all into usable information. Construction Accounting is different than general accounting. Since August of 2011 Randal has been writing a blog at under Fast Easy Accounting.

Accounting 48

Accounting Construction Profitability Deals 48

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. Need Complex Construction Accounting Reports. Xero Accounting Online Works Best If You: Have Simple Jobs With One Invoice.

Accounting 48

Accounting Construction Contractors Project Management 48

Viewpoint Construction Technology

FEBRUARY 19, 2015

Spectrum’s Work Order solution—the tools you need to keep operations profitable and clients satisfied. Transaction information flows seamlessly between Service Management and other applications throughout Spectrum, including: Accounts Receivable, Accounts Payable and General Ledger. Construction Accounting.

Software 130

Software Software Management Construction 130

Viewpoint Construction Technology

APRIL 19, 2018

We’re committed to helping our clients grow and profit by embracing and deploying the latest construction software and technologies. Here’s a look at just some of the new features in Vista, development with other Viewpoint products and how they’re benefitting Viewpoint clients: Construction Accounting Software Enhancements.

Office 130

Office Innovation Viewpoint Contractors 130

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

Contractor Bookkeeping

JANUARY 6, 2014

In The Past You Had To make notes, collect customer information, go to your office, open QuickBooks or whatever construction accounting software you are using, wait for everything to load up and then try to find the paperwork, open the invoice screen and fill it out and if you were lucky you could email it from QuickBooks to your customer.

Accounting 50

Accounting Contractors Work in Progress Banking 50

Lets Build

DECEMBER 2, 2022

That gives your firm the fiscal strength and confidence to pitch positively for future work, without overruns or remediation eating into profit margins at this time of unexpectedly high inflation. A construction quality management plan should be drafted as a standard document, to be applied to all future projects. Creating a plan.

Management 156

Management Construction Risk Cash Flow 156

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

Construction Business Owner

SEPTEMBER 1, 2022

It’s the careful balancing of stocking enough inventory to meet your construction company’s needs without unnecessarily tying up cash — is an essential component of keeping your business running profitably and productively. You’ll always have just enough construction supplies and materials.

Inventory 226

Inventory Resource Construction Materials 226

Cassell Construction Estimating

JULY 14, 2015

Procore helps firms drastically increase project efficiency and accountability by streamlining and mobilizing project communications and documentation. This real time data and accessibility minimizes costly risks and delays—ultimately boosting profits.

ProCore 100

ProCore Sage Consulting Estimating 100

Job Order Contracting

FEBRUARY 20, 2023

This practice does not work for material, labor, equipment, nor does it account for local market productivity in any effective manner. Locally researched JOC Price Books are readily available to provide cost visibility, cost transparency, and therefore improve cost management. d) Distribution.

Contract 226

Contract Office Negotiation Documentation 226

Construction Business Owner

JULY 26, 2012

ACCOUNTING |. Accounting & Finance. Look for software that does a better job providing applications based on the workflow of a project from cradle to grave, and that provides web-based anywhere-any time visibility into job progress, profitability, change management, and more for everyone who involved in the success of a job.

Software 136

Software Software Construction Documentation 136

Viewpoint Construction Technology

JANUARY 22, 2019

It’s a great idea,” said one general contractor attendee after our first 2019 Take 15 webinar on Using Construction Data to Manage Profit Fade. For contractors who are constantly on the go, the short format has been a hit for quick learning. The 15-minute slice is just the right portion to squeeze into a busy schedule.”. Well done!”.

Construction 146

Construction Schedule Software Software 146

Construction Business Owner

JANUARY 12, 2012

ACCOUNTING |. Accounting & Finance. The end of December didn’t just bring about New Year’s resolutions – it brought the end of the yearly accounting cycle. Needless to say, most accounting departments are rather busy right now. Archiving documents. Tags accounting. accounting software. STRATEGY |.

Construction 136

Construction Software Software Accounting 136

Viewpoint Construction Technology

OCTOBER 16, 2018

Our clients are at the forefront of this shift, implementing integrated construction management software and solutions to achieve new heights in productivity and profitability.”. Attendees also got a glimpse into future accounting feature developments and plans. That said, construction is still hard. increase in gross margins.

Viewpoint 141

Viewpoint Software Software Accounting 141

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes. Ignoring Profit Centers and Key Performance Indicators (KPI). Lack of good accounting records causes 9 out of 10 contractor’s business failures. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Construction Business Owner

JULY 12, 2012

ACCOUNTING |. Accounting & Finance. Project Document Management : Your Communication Strategy. Because some very specific documents are created and used throughout the life of a typical construction project, these documents can serve as the center of your communications strategy. Document availability.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

JUNE 29, 2012

ACCOUNTING |. Accounting & Finance. Consider these three vital areas: Construction Project Documents: How do you move documents through your organization? When documents are created or modified, are the appropriate people notified? There are a number of software packages out there that allow document sharing.

Construction 136

Construction Documentation Software Software 136

Job Order Contracting

MARCH 1, 2017

This particular document was circulated by the National Cooperative Purchasing Alliance, NCPA. Carefully review all of the Job Order Contract and all associated documents. Will you earn a reasonable profit? Cost and accounting transparency via standardized cost data architectures, terms, and definitions.

Contract 100

Contract Legal United States Documentation 100

Contractor Bookkeeping

JUNE 21, 2012

Construction Companies - Need short term liquid working capital such as cash, lines of credit, loans, owner financing, credit cards, supplier accounts and other forms of money to conduct daily operations. Compare the success and profitability of a McDonalds franchise to most restaurants. We simply do your bookkeeping.

Profitability 48

Profitability Contractors Banking Change Orders 48

Viewpoint Construction Technology

NOVEMBER 5, 2018

For larger businesses, such sanctions can critically impact business cash flow in the short term and due to reputation damage, profitability into the long term. Clarification can be documented and recorded to ensure compliance and accuracy. It takes a firm hand and senior champions to get things moving in the right direction.

Software 130

Software Software Management Construction 130

Fieldwire

MARCH 5, 2024

Subcontractors getting awarded a contract spells financial disaster if the bid is too high to be competitive or too low to be profitable. General contractors can review all available construction documents or the bill of quantities the property owner or project engineer prepared. On average, remodelers net 4.7% before taxes.

Budgeting 52

Budgeting Budget Estimating Bidding 52

Viewpoint Construction Technology

FEBRUARY 19, 2015

Spectrum’s Purchase Order solution fully integrates with other Spectrum functionality, including Accounts Payable, Work Order, Equipment Control, Preventative Maintenance, Document Imaging, Inventory Control, Time + Materials and Job Cost. Manage open commitments and their impact to job profitability. Construction Accounting.

Inventory 130

Inventory Software Software Construction 130

Construction Business Owner

APRIL 26, 2012

ACCOUNTING |. Accounting & Finance. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Greg is a Principal at Mountjoy, Chilton, Medley LLP , a CPA firm with a team of accountants dedicated to construction accounting. STRATEGY |. MANAGEMENT |. SOFTWARE |.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

JANUARY 12, 2012

ACCOUNTING |. Accounting & Finance. Document Management. With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. Use a system to manage the documents you and your subs use to prepare bids.

Bidding 149

Bidding Construction Documentation Software 149

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

JANUARY 18, 2012

ACCOUNTING |. Accounting & Finance. Querying different type of jobs in job costing to look at profitability by type. There are plenty of construction-specific accounting packages that work the way construction does and can efficiently prepare W2s and 1099s and year-end financial reports. Tags accounting.

Construction 168

Construction Software Software Accounting 168

Pro Builder

MAY 19, 2021

They often estimate the time spent on each project at the end of the week rather than accurately documenting it daily and in real-time. Inaccurate reporting is costing owners hard-earned profits. How do you hold everyone equally accountable and eliminate time theft (both intentional and unintentional) without demolishing trust?

Construction 97

Construction Estimating Documentation Accounting 97

Construction Business Owner

SEPTEMBER 27, 2011

ACCOUNTING |. Accounting & Finance. « Considering New Accounting Software? If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. Tags accounting. STRATEGY |.

Construction 180

Construction Software Software Accounting 180