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Service Management Construction Software | Construction Manager Software

Viewpoint Construction Technology

Create or append work orders from incoming service requests. Spectrum Service Management Construction Software is part of the integrated Spectrum Construction Software. Download Spectrum Brochure. Case Study: Service Management - Wilson Electric. Service Management Brochure. Project Management.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

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. WIP is one element of an inventory account.

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How to Get Your Supers to Actually Fill Out Daily Reports

ProcurementExpress.com

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. The problem is that supers and project managers often skip out on daily reporting or breeze through the steps. Free Download: What to Include in a Daily Report Template Click Here.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

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. WIP is one element of an inventory account.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Other examples of cash inflows are borrowed funds, income derived from sales of assets, and investment income from interest. The concept of profit is somewhat broad and only looks at income and expenses over a certain period, say a fiscal quarter. Keep your inventory as low as possible. Cash is king! Need Help Now?

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

Excessive Accounts Were setup to track individual inventory items like lumber, nails, paint, pipe, roofing material, dirt, bark etcetera. Financial Reports Were Worthless Profit & Loss Reports showed massive income because Cost of Goods Sold (COGS) accounts were understated. The Key Colum - Is the Percentage (%) of Income.

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How to Get Your Supers to Actually Fill Out Daily Reports

ProcurementExpress.com

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. . The problem is that supers and project managers often skip out on daily reporting or breeze through the steps. Are there pending shipments holding up the project?