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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. 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. That’s accounting’s job, right? Well, not exactly.

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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. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Real-time work-in-progress figures, or WIP, allow teams to become more efficient, effective, and remain in control.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Construction Bookkeeping Vs. Regular Bookkeeping. Expenses - Overhead required to maintain business operations. Construction Bookkeeping - Is roughly 15% of all accounting and Accounting with manufacturing making up roughly 5%. Construction Bookkeeping Has These Things In Common: Sales - With 1-10 categories.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Did someone setup QuickBooks by trying to follow the built in template inside QuickBooks and you figured out you cannot get any of the financial and job costing reports you need to operate and grow your construction company? We Do QuickBooks Setup For Construction Beginning With Year 2000 And Up. Of course you are!