Contractor Bookkeeping

JULY 22, 2022

Accounts Payable keeps track of the bills owed to a supplier or subcontractor. A proper Construction Contractor Bookkeeping System uses the Accounts Payable feature to track unpaid bills. The bills keep coming depending on your payment schedule; you may receive the past reminder notice before the original invoice arrives.

Accounting 96

Accounting Contractors Banking Insurance 96

Levelset

SEPTEMBER 14, 2022

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

Insurance 98

Insurance Liability Claims Injury 98

Viewpoint Construction Technology

JUNE 12, 2013

MCM is a CPA firm with a team of accountants dedicated to construction accounting. For example, if you completely own a piece of equipment, you probably estimate the amount of fuel that it uses on a job, but may not consider including the depreciation, insurance, maintenance, and other costs associated with running it.

Bidding 325

Bidding Profitability Construction Cash Flow 325

Construction Business Owner

JANUARY 10, 2024

Specifically, as it relates to accounting, construction technology can be useful to identify ways to save and control costs. Ultimately, those who fail to embrace some of these emerging technologies will find themselves paying for cost overruns, project delays, liquidated damages and potentially higher insurance rates.

Insurance 156

Insurance Accounting Innovation Sustainability 156

Construction Business Owner

AUGUST 30, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. I was doing some research on construction accounting softwares and came across your entry.

Construction 168

Construction Software Software Accounting 168

Levelset

MARCH 21, 2022

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. Restoration contractors can spend a lot of time waiting for payment.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Construction Business Owner

SEPTEMBER 27, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. « Considering New Accounting Software? As I said, be sure to talk with your CPA or tax specialist so that you know what you qualify for before making any purchases—whether it’s construction accounting software or a back hoe, you’ll want to make sure you’re informed!

Construction 180

Construction Software Software Accounting 180

Construction Business Owner

JANUARY 31, 2012

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. Tags: accounting software , business advice , construction , corporate image , foundation software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |. Construction Law.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

DECEMBER 6, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. Tags: accounting , business , business owner , construction , software , stay hungry stay foolish , steve jobs. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |.

Construction 195

Construction Software Software Accounting 195

Construction Business Owner

AUGUST 18, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |.

Cash Flow 168

Cash Flow Software Software Accounting 168

Construction Business Owner

JANUARY 18, 2012

ACCOUNTING |. INSURANCE |. Accounting & Finance. There are plenty of construction-specific accounting packages that work the way construction does and can efficiently prepare W2s and 1099s and year-end financial reports. Tags accounting. accounting software. Construction Accounting Software.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

NOVEMBER 8, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |.

Construction 174

Construction Software Software Accounting 174

Wolgast Corporation

APRIL 30, 2024

To get the most from an insurance claim involving property restoration, it is best practice to openly communicate and collaborate with both your agent and restoration company. Know Your Policy Additionally, there is no way around it, you need to know what is included in your insurance plan prior to disaster.

Commercial 127

Commercial Insurance Claims Documentation 127

Construction Business Owner

JANUARY 10, 2012

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. Tags: accounting , Apple , business , construction , software , steve jobs. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Construction Law.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

APRIL 2, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. My company’s flagship product continues to evolve, and we constantly have one goal in mind: to be the industry leader in new sales for construction accounting software. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

APRIL 5, 2012

ACCOUNTING |. INSURANCE |. Accounting & Finance. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Tags accounting. accounting software.

Risk 120

Risk Insurance Construction Software 120

Construction Marketing

DECEMBER 2, 2014

Amazon is trying to better compete with brick-and-mortar stores, which account for 90% of retail sales. Amazon plans on conducting background checks on the businesses and will determine if they have liability insurance. Customers can add the services to their shopping cart before they check out. Hurdles and Competitors.

Los Angeles 213

Los Angeles Retail Seattle New York 213

Construction Business Owner

DECEMBER 9, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. or higher, then it might be time to consider implementing a comprehensive safety plan to try and reduce your workers compensation insurance costs. Tags accounting. STRATEGY |.

Construction 136

Construction Insurance Software Software 136

Construction Business Owner

DECEMBER 20, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. Tags: accounting , Christmas , construction , Construction Accounting Software , foundation , foundation software , job costing. STRATEGY |. MANAGEMENT |. SOFTWARE |.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

JANUARY 12, 2012

ACCOUNTING |. INSURANCE |. Accounting & Finance. The end of December didn’t just bring about New Year’s resolutions – it brought the end of the yearly accounting cycle. Needless to say, most accounting departments are rather busy right now. Tags accounting. accounting software. STRATEGY |. SOFTWARE |.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

NOVEMBER 22, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. Tags: accounting , construction , foundation , software , technology. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

FEBRUARY 17, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. But should you rely on spreadsheets for accounting and jobs analysis? Today, new software applications – in job cost accounting, project management, estimating, etc. Tags accounting. accounting software. Construction Accounting Software.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

MAY 17, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. NEWSFLASH: In the exciting world of construction accounting software, the inmates are in control. Chaos reigns and some very ugly accounting software systems have infected the back offices of construction companies nationwide! Tags accounting. STRATEGY |.

Construction 149

Construction Software Software Accounting 149

Construction Law

JANUARY 11, 2024

Construction insurance will experience increasing impacts from the accelerating spread of Artificial Intelligence technology across the industry, warns law firm RPC in its Annual Insurance Review. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Insurance 52

Insurance Claims Accounting News 52

Green Building Law Update

FEBRUARY 21, 2021

The National Insurance Crime Bureau, the public source for vehicle theft data reported to insurance companies, stopped tracking catalytic converter thefts in 2015. The precise number of thefts is not known.

Wichita 177

Wichita Insurance DC New York 177

Construction Business Owner

OCTOBER 26, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. Construction Safety.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

JUNE 20, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. We have a very strong payroll module in our construction accounting software FOUNDATION for Windows. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |. Green Building.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

MAY 31, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. Construction Safety.

Construction 149

Construction Software Software Accounting 149

Levelset

SEPTEMBER 7, 2022

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

Liability 52

Liability Insurance Injury Contract 52

Construction Business Owner

APRIL 21, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. For example, maybe the first step for your business is switching from a completely manual or general accounting program to one focused just on construction. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. SOFTWARE |.

Construction 136

Construction Software Software Accounting 136

Construction Marketing

FEBRUARY 20, 2023

It is important to know that in the construction world, there are many different aspects that need to be taken into account. Setting up an efficient accounting system is of utmost importance if you want to keep track of everything. That’s why it is necessary to have the right resources and tools at your disposal.

Construction 293

Construction Risk Management Resource 293

Construction Business Owner

JANUARY 12, 2012

ACCOUNTING |. INSURANCE |. Accounting & Finance. Do they have the financial resources to complete a job; is their insurance up-to-date; how does their safety record look; what do their references say about their recent work; what experience do others in my company have with them? Tags accounting. STRATEGY |.

Bidding 149

Bidding Construction Documentation Software 149

Levelset

AUGUST 26, 2022

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

Insurance 52

Insurance Liability Equipment Agreement 52

Carol Hagen

APRIL 26, 2013

The CFMA conference lunches, networking and social activities provide time for mini consultations with speakers, exhibitors, CPAs, and Insurance experts from across the country. Think of it this way, you may pay consultants $250+/hr for expert opinions and guidance. Isn’t it time for your needed enlightenment?

CFMA 224

CFMA Conference San Diego Software 224

Viewpoint Construction Technology

NOVEMBER 28, 2012

At first blush, and particularly if you don’t have a background in accounting, owning wouldn’t seem to have a rate. Depreciation, interest, licenses, insurance, and so on. You purchase a machine, you own it, end of story. In reality, your cost of ownership does change over time.

Equipment 207

Equipment Management IDEA Virginia 207

Construction Business Owner

FEBRUARY 1, 2011

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. Tags: accounting , business , construction , Construction Accounting Software , growth , Owner , software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |.

Construction 136

Construction Software Software Foundation 136

Levelset

SEPTEMBER 2, 2022

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

Insurance 52

Insurance Liability Claims Injury 52