Contractor Bookkeeping

SEPTEMBER 12, 2014

Construction Company. Cost Is What You See - Profit potential is what you don''t see. High profit construction company owner''s focus on both and understand it "Takes Money To Make Money". Highly Profitable Companies - Focus on how high is up? Then develop a project plan to eliminate them, one at a time. #3

Profitability 48

Profitability Accounting Construction Project Management 48

Viewpoint Construction Technology

OCTOBER 25, 2017

As technology and data analysis tools evolve, data science is giving construction firms the ability to see how their operations fit together and where there’s room for improvement so they can gain a more detailed understanding of their business. Business intelligence can help your construction firm rise above the competition.

Risk 217

Risk Schedule Profitability Viewpoint 217

Contractor Bookkeeping

AUGUST 11, 2014

The banker said his Profit & Loss, Balance Sheet did not look right to him. 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. QuickBooks Job Profitability Reports.

Profitability 48

Profitability Contractors Accounting Income 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 63

Procurement Plans Construction Budgeting 63

Contractor Bookkeeping

AUGUST 30, 2013

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. Invite Your Construction Bookkeeper To A Jobsite For Half A Day. Job Material Inventory Costs.

Profitability 48

Profitability Contractors Accounting Cash Flow 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

Construction Business Owner

FEBRUARY 17, 2011

General Management. Construction Law. People Management. Construction Safety. Equipment Management. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Using spreadsheets in construction is a lot like a gravedigger using a shovel. INSURANCE |. EQUIPMENT |.

Construction 149

Construction Software Software Accounting 149

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

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

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. The Key To Maximizing Profits is finding the right mix of production and resources. It is all about having a Strategy That Works!

Products 48

Products Profitability Construction Cash Flow 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

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

Lets Build

SEPTEMBER 15, 2022

As the size and challenges of these projects continue to grow, so do the problems they bring for general contractors and construction companies. The result is often lower productivity and less profitability for those involved in infrastructure projects. Creating value with lean construction for infrastructure projects.

Infrastructure 148

Infrastructure Construction Profitability Contractors 148

Contractor Bookkeeping

FEBRUARY 10, 2014

QuickBooks Year End Closing Tips For Your Construction Company. 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". Inventory Count By December 31st.

Accounting 48

Accounting Construction Banking Project Management 48

Contractor Bookkeeping

AUGUST 21, 2013

No Inventory Reporting. QuickBooks Online is a great program for small companies including some non-profit organizations but it is not suited for a serious construction contractor with more than two projects a month and generating more than $500 a year in sales. Profit & Loss statement anytime YOU want it!

Accounting 70

Accounting Profitability Contractors Washington 70

Contractor Bookkeeping

MAY 7, 2014

2 Construction which is roughly 15% of all bookkeeping and accounting and includes serving the needs of general contractors, builders, residential and commercial remodelers, specialty trade contractors and about fifty more contractor types. Construction Companies That Are Small. Construction Companies That Are Small.

Accounting 48

Accounting Construction Retail 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

SEPTEMBER 20, 2013

No Inventory Reporting. QuickBooks Online is a great program for small companies including some non-profit organizations but it is not suited for a serious construction contractor with more than two projects a month and generating more than $500 a year in sales. Profit & Loss statement anytime YOU want it!

Contractors 48

Contractors Accounting Profitability Overhead 48

Contractor Bookkeeping

DECEMBER 12, 2013

Unfortunately you will miss out on the Q&A portion of the event; however, when it repeats again in the future be sure to sign up early before it sells out: QuickBooks Year End Closing Tips For Your Construction Company. Inventory Count By December 31st. Verify Profit And Loss - Does It Make Sense? Verify Petty Cash Entries.

Accounting 49

Accounting Banking Project Management Seattle 49

Rory Woolsey

JANUARY 16, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. A New Year in Construction Estimating. Hello to all the friends that I have made over the past 25 years of facilitating construction estimating seminars. Monday, January 16, 2012. Labor Productivity? Happy 2012 to all of you!

Estimating 45

Estimating Construction Overhead Contract 45

Autodesk Construction Cloud

DECEMBER 18, 2021

The Ultimate Checklist to Complete Your Next Construction Project. Often the last thought in your mind when your job is running full speed ahead is project closeout. As the days pass and your project draws to a close, you’re ready to chalk this one up as a success and prepare for your next challenge. Not so fast.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Viewpoint Construction Technology

OCTOBER 9, 2018

Construction projects all too easily run over budget and behind schedule, and in an industry with thin profit margins, that can be a big problem. Luckily, the construction industry is beginning to innovate by introducing new technologies which help increase productivity, reduce costs and provide sound ROI.

Contractors 189

Contractors Software Software BIM 189

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". Inventory Count By December 31st. Verify Profit And Loss - Does It Make Sense? Gather Receipts Into One Container.

Accounting 55

Accounting Banking Project Management Contractors 55

Autodesk Construction Cloud

MAY 5, 2023

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. So, another solution emerged: the native model, which came in the form of an ERP with a project management module embedded inside it.

Office 52

Office Autodesk Accounting Project Management 52

Contractor Bookkeeping

OCTOBER 7, 2013

You will notice - This bookkeeper does not talk back, argue, arrive late, leave early, take long lunch and coffee breaks, demand overtime, fringe benefits, try to train you , or have any of the bad bookkeeper habits that drive construction company owners crazy! In between he learns that B.OA.T. means B ring O ut A nother T housand.

Accounting 48

Accounting Contractors Documentation Profitability 48

Contractor Bookkeeping

FEBRUARY 14, 2014

We have owned and operated several construction companies from the early 1970''s until 2000 and experienced just about every good, bad and ugly thing possible. It has always been and will likely always be that: 95 out of 100 contractors will earn less than 3% net profit. 4 out of 100 contractors will earn between 3%-15% net profit.

FAQ 49

FAQ Contractors Accounting Security 49

Viewpoint Construction Technology

FEBRUARY 19, 2015

Construction Reporting. Spectrum ® Construction Reporting software turns data into action, accessible where and when you need it. Construction Accounting. Project Management. Equipment Management. Materials Management. Purchasing + Inventory. Service Management. Spectrum Overview.

Software 130

Software Software Construction Change Orders 130

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. We’ve talked about this on, well, too many occasions to count.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

Construction Business Owner

JUNE 8, 2011

General Management. Construction Law. People Management. Construction Safety. Equipment Management. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. The fact is we need to get rid of this inventory before demand will increase. INSURANCE |. EQUIPMENT |.

Construction 120

Construction Software Software Equity 120

Construction Cost Estimating

FEBRUARY 21, 2012

Construction Cost Estimating Blog. Construction Project Management & accounting software plays a vital role for construction companies. Construction companies can reap huge benefits by applying the Project management software in their projects. Project Administrator.

Project Management 40

Project Management Software Software Accounting 40

Construction Business Owner

MAY 11, 2011

General Management. Construction Law. People Management. Construction Safety. Equipment Management. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. The fact is we need to get rid of this inventory before demand will increase. INSURANCE |. EQUIPMENT |.

Construction 120

Construction Software Software Equity 120

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. We’ve talked about this on, well, too many occasions to count.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Contractor Bookkeeping

MAY 15, 2013

Neither one understands construction. Before starting this contractor bookkeeping services company I was raised in construction family and attended university to study accounting. A short while out of university I came back to construction, it gets deep inside you knowing you are a part of the greatest industry on earth.

Construction 49

Construction Accounting Documentation Software 49

Contractor Bookkeeping

MAY 9, 2014

No having to find out what a construction accountant is or what skills they need to do the work. The System Is The Solution - In 1991 while operating a successful construction service and repair business we started work on a Comprehensive Construction Bookkeeping System. No screening applicants and conducting awkward interviews.

US 48

US Contractors Accounting Project Management 48

Pro Builder

DECEMBER 15, 2021

1 home builder in building permits and construction value, scaring off every large-volume, multistate production operation that dared enter Ivory’s Wasatch Mountain lair. The biggest solution to land affordability is density, and for some that is a four-letter word,” says Peter Gamvroulas, a project manager at Ivory Development.

Innovation 122

Innovation Utah Housing Products 122

Contractor Bookkeeping

SEPTEMBER 26, 2014

Lately many of our contractor clients have told us how much they appreciate working with us because we really do understand them and the construction industry in which they work and play. 01 They had a bookkeeper embezzle money from their Construction Company. #02 Six Reasons Why Contractors Hire Us. #01

Contractors 48

Contractors Accounting Documentation Project Management 48

Contractor Bookkeeping

DECEMBER 29, 2012

Not a construction company. They do not fit our client profile of contracting for profit. We Recommend QuickBooks Desktop Version Cloud Computing When The Business: Is a construction company contracting for profit. Inventory tracking. Paperless Document Management. Project Management Software.

Contractors 48

Contractors Software Software Profitability 48