Viewpoint Construction Technology

APRIL 17, 2018

Contractors today deal with challenging projects, often with multiple performance obligations. The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind.

Accounting 218

Accounting Contract Viewpoint Cash Flow 218

Contractor Bookkeeping

JULY 30, 2014

Builder Accounting begins with a proper QuickBooks setup For Spec Home Builders. When Everyone Is On The Same Page Paperwork flows like a Waltz in an old time movie, moving between the participants as needed. Accountants do not have a crystal ball and or a magic wand…It Is True – Garbage In = Garbage Out.

Accounting 49

Accounting Housing Construction Contractors 49

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement, and more. Let’s take a look: Free Download: 6 Forecasting Best Practices All Construction Teams Need to Know Click Here.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement , and more. Embrace Automation. We’ve talked about this on, well, too many occasions to count. Speed Up Receivables.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Contractor Bookkeeping

JANUARY 27, 2023

If you're at the bottom of the pack price-wise, they're likely to skip over you to get a good deal. Be aware of what's going on in your industry and adjust. Customers judge a business based on perceived value. Price yourself accordingly to attract quality clients.

Profitability 99

Profitability Construction Deals Industrial 99

Construction Business Owner

APRIL 1, 2011

ACCOUNTING |. Accounting & Finance. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. STRATEGY |.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

JANUARY 20, 2023

Freelancers in all industries deal with the same problems due to the nature of their work. Juggling existing financial commitments such as a mortgage or bank loan could put a squeeze on your business plans. Many entrepreneurs use creative thinking and shrewd planning to get businesses off the ground with the smallest budgets.

Budgeting 93

Budgeting Budget Banking Construction 93

Contractor Bookkeeping

DECEMBER 23, 2022

Phone calls from employees dealing with a minor crisis will pull your focus from your family, or your Christmas dinner will be taken over by business talk. If you're working on weekdays, you usually need the weekend to catch up on paperwork, pay bills, and manage any tasks you didn't get to during the week.

Deals 91

Deals Management Cash Flow Construction 91

Construction Business Owner

OCTOBER 12, 2011

ACCOUNTING |. Accounting & Finance. The point is that when dealing with a service or purchasing software, it’s important to have a Support department you can rely on. Usually the first department you talk to when dealing with a new company is Sales. Tags accounting. accounting software. STRATEGY |.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 29, 2012

ACCOUNTING |. Accounting & Finance. Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

OCTOBER 14, 2011

ACCOUNTING |. Accounting & Finance. As a company, you should define a process for dealing with change orders, and equip project managers with the right tools for success – whether those tools are change order specific forms or construction software. This is where accountability comes in to play. Tags accounting.

Change Orders 120

Change Orders Construction Software Software 120

Pro Builder

JUNE 12, 2020

How Just-in-Time Land Deals Help Manage Cash Flow. Now, with careful planning, a similar approach can be used to improve cash flow for home builders through intelligent use of capital. Fri, 06/12/2020 - 05:00. Justin Onorato. . Just-in-time business models have proven highly effective for U.S.

Cash Flow 64

Cash Flow Deals Management Inventory 64

Contractor Bookkeeping

DECEMBER 13, 2013

If Has Just Happened to you please stop and click on Emergency Accounting or call Sharie 206-361-3950 or email her Sharie@FastEasyAccounting.com and get help now! When it happens you have a full blown emergency accounting situation! And Worst Part Is - She had no idea that Construction Accounting is the hardest bookkeeping of all!

Deals 48

Deals Accounting Banking Contractors 48

Construction Business Owner

JANUARY 6, 2011

ACCOUNTING |. Accounting & Finance. One of the things I enjoy most about my position at ComputerEase is that I have the opportunity to deal with different contractors everyday and have the opportunity to help them with their construction software needs. Tags accounting. accounting software. STRATEGY |. SOFTWARE |.

Construction 120

Construction Software Software Accounting 120

Levelset

JUNE 21, 2022

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.

Cash Flow 98

Cash Flow Accounting Profitability Residential 98

Contractor Bookkeeping

SEPTEMBER 1, 2014

Editor''s Note: We see many QuickBooks for contractor files where the contractor is paying tax on money they have not collected and when we ask why, the most common answer is the tax accountant wants to make sure the contractor pays their fair share of taxes. 3 Looking for trends to find ways to improve cash flow and profitability.

Contractors 48

Contractors Accounting Cash Flow Profitability 48

Construction Business Owner

DECEMBER 1, 2011

ACCOUNTING |. Accounting & Finance. Thanks for this 3 Tips for Better Construction Fleet Fuel Management and also thanks for Eric Newton who share this stuff to you… Actually I’m working for a Company of Construction Equipment & Heavy Machinery Deals, there i have to learn much about such functionalities.

Construction 137

Construction Software Software US 137

Construction Cost Estimating

SEPTEMBER 19, 2017

Liabilities of a Quantity Surveyor: A Quantity Surveyor (QS) is a professional who mainly deals with construction costs and contracts associated with the Construction Industry. Once tenders are approved, the Quantity Surveyor arranges cash flow data for the client to outline his resources sufficiently to fulfill contract commitments.

Cash Flow 40

Cash Flow Construction Estimating Contract 40

Construction Business Owner

AUGUST 19, 2011

ACCOUNTING |. Accounting & Finance. Why Construction-Specific Accounting Software Costs More than Generic Accounting Software » Look for the September How To Issue. Then there’s long hours and reams of paperwork and difficult employees to deal with. Tags accounting. accounting software.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JUNE 18, 2013

Cash flow issues kill contractors even though they have profit. Poor scheduling affects production and cash flow. Spend a good deal of time “putting out the same fires” over and over. Work-In-Progress (WIP) report the ultimate gauge for cash flow and least understood. Value production over planning.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Construction Business Owner

MAY 17, 2012

ACCOUNTING |. Accounting & Finance. That’s a huge deal and a potential company-breaker. Business Consulting And Accounting. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management.

Construction 120

Construction Software Software Security 120

Contractor Bookkeeping

SEPTEMBER 12, 2014

. #1 Get Rid Of Paperwork - All it does is slow your down and the more construction projects you win the more paperwork you will have to deal with. This one thing can have a massive impact on cash flow and profits. Xero Outsourced Construction Accounting Services. Click Here For More. Call Sharie 206-361-3950.

Profitability 48

Profitability Accounting Construction Project Management 48

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Poor scheduling affects production and cash flow. Spend a good deal of time “putting out the same fires” over and over. Work-In-Progress (WIP) report the ultimate gauge for cash flow and least understood. Value production over planning.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Construction Marketing Ideas

AUGUST 30, 2012

I could have chosen to chew out or penalize the sales representative for negotiating a “bad deal” — but he really didn’t do anything that far off the line, and I want our employees to have some discretionary ability to make intelligent decisions on their own. We also consider our obligations.

Cash Flow 54

Cash Flow Negotiation Construction Compensation 54

Contractor Bookkeeping

JULY 4, 2012

Construction Company Owners - Need specialty accounting and bookkeeping services needs which is totally different than standard accounting. Clients include busy professionals and independent contractors who want someone else to deal with their piles of paperwork so they can do “The Fun Stuff” which is what they do best.

Contractors 48

Contractors Cash Flow Accounting Washington 48

Construction Business Owner

MAY 3, 2011

ACCOUNTING |. Accounting & Finance. I had to deal with a wide range of people with different backgrounds, personalities, and communications skills. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. August 2008.

Construction 120

Construction Software Software Accounting 120

Levelset

JULY 19, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 18, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 15, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Levelset

JULY 22, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Construction Marketing Ideas

NOVEMBER 27, 2012

Can/should we go after the really big projects or accounts? The accounts where a tiny purchase (to them) would be a multi-thousand (or hundreds of thousands of dollars) sale? The ones where, if you think about it just a minute, you might say “unrealistic” and be correct?

Cash Flow 54

Cash Flow Budgeting Budget Accounting 54

Contractor Bookkeeping

SEPTEMBER 25, 2013

Depending on your state’s (wage & hour law) that may not be a big deal and you may only incur nominal fines, penalties and interest. If they have employees check their workers’ compensation account and claim history. Washington State Resellers Permit saves money and increase cash flow: [link]. What does that mean?

Contractors 49

Contractors Cash Flow Washington Compensation 49

Contractor Bookkeeping

OCTOBER 4, 2013

Tell them you are working with a construction accountant that is involved with the bookkeeping and accounting and that you have a totally separate firm that prepares your Annual Federal Tax Return. 2 Connect With A QuickBooks Expert In Construction Accounting Services. The really good news they are on the banks payroll.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Levelset

JUNE 21, 2022

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.

Cash Flow 52

Cash Flow Contractors Accounting Profitability 52

Contractor Bookkeeping

DECEMBER 20, 2012

We understand you, we get what you are dealing with on a day to day basis because we have owned and operated construction companies in the past and have helped hundreds of construction companies save time, money and aggravation since 1991. #06 07 - Are you are having cash flow problems? #08 Need Help Now?

Contractors 48

Contractors Accounting Cash Flow Construction 48

ProcurementExpress.com

FEBRUARY 11, 2019

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. You’ll also want to add in a cushion to account for extra materials, damage, or anything else you can’t predict.

Procurement 63

Procurement Plans Construction Budgeting 63

ProcurementExpress.com

FEBRUARY 11, 2019

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. You’ll also want to add in a cushion to account for extra materials, damage, or anything else you can’t predict.

Procurement 52

Procurement Plans Construction Budgeting 52