ProcurementExpress.com

JANUARY 2, 2019

Work in progress figures might not sound like something you need to think much about. 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. WIP is one element of an inventory account. That’s accounting’s job, right?

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

ProcurementExpress.com

JANUARY 2, 2019

Work in progress figures might not sound like something you need to think much about. 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. WIP is one element of an inventory account. That’s accounting’s job, right?

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Fieldwire

SEPTEMBER 7, 2023

2) Inventory In construction, inventory waste occurs when overproduction results in excess material. This includes material being stored on-site or at the fabrication yard, work in progress, and unused tools or parts. Optimize your inventory to reduce this type of waste.

Inventory 98

Inventory Construction Materials Transportation 98

Construction Marketing

DECEMBER 19, 2019

According to BSEC’s glossary of software terms , Enterprise Resource Planning Software is a product that “allows a company to manage various aspects of a business — such as accounting, inventory and human relations — in one place. NetSuite, though not designed for the construction industry, is a solution that is flexible enough to deliver.

Software 200

Software Software Construction ProCore 200

Pro Builder

JANUARY 3, 2022

Typically, we build what we design, so that’s why we chose 2023 [for the modules], but we have had a lot more demand for production sooner than we expected. So I expect we will get some of that capacity sharing but that's usually on a much shorter time schedule. That has now moved forward and could start as early as April 2022.

Inventory 98

Inventory US Site Products 98

Autodesk Construction Cloud

MAY 22, 2023

Cost Management | Additional Cost Management APIs Publicly Available* – Over 50 new APIs are now available for customers to integrate, including APIs for Payments, Schedule of Values, and Expenses. Forms | Work Log Enhancements – Better understand onsite work. This functionality already exists for iOS users.

Autodesk 52

Autodesk Products BIM Mobility 52

Contractor Bookkeeping

FEBRUARY 14, 2014

History is repeating itself and we are seeing a lot construction firms are being run by men and women with university degrees and they are bringing faster schedules, safer projects, better quality, more communications, better technology, all at much lower prices. Any Combination With An Inventory Of Rental Properties. Absolutely not!

FAQ 49

FAQ Contractors Accounting Security 49