Now is the time for the construction industry to leverage technology to improve operational efficiencies and reduce operating costs, and to help reduce the impacts of constantly shifting materials costs due to [Read the full article...]
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Construction specific help available for QuickBooks users and the accounting professionals who support [Read the full article...] Gerry has overhead costs, employees, specialized equipment, company vehicles, materials, subcontractors, retainage, percentage of completion billing, and more that he needs to take into consideration when estimating. He works mostly on prevailing wage jobs, where he has to pay his employees a much higher rate of pay plus fringe benefits with a few private jobs – he isn’t a union shop; so he is paying the prevailing wage fringe benefits in cash to his employees. Billing requirements for his jobs include Time & Materials and Percentage of Completion, where he needs to submit AIA billing forms and track retainage that he is owed and retainage he owes his [Read the full article...] Estimating and Job Costing needs will vary depending on the type of contractor you will be dealing with. We’ll be meeting Harry the Handyman, Sam the Subcontractor and Gerry the General [Read the full article...] |
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