QuickBooks for Contractors: 5 Reasons Why (and When) We Recommend It
QuickBooks® is among the best accounting systems for smaller companies, and for contractors just starting out, it’s a great place to begin toward an organized... Read More
What Are the Methods of Overhead Allocation?
The best method for allocating overhead in construction is a way that’s fair. After all, the idea is to allocate (or, distribute) costs that each... Read More
How to Create an AIA Billing With FOUNDATION®
Looking at what AIA billing is (Part 1) and how an AIA application works (Part 2), creating one might seem like a lot of work without... Read More
Anatomy of an AIA Billing: Getting Inside the G702 and G703
If you’ve landed your first AIA job or you’re thinking about bidding on one, you might feel overwhelmed about the AIA billing process. It’s hard... Read More
What Is Overhead Allocation? Why Your Jobs Should Take on Additional Costs
Overhead allocation in construction is a way to share costs across multiple jobs. Why on earth would you do that? Simple: these are the costs... Read More
Everything You’ve Always Wanted to Know About AIA Billing but Were Afraid to Ask
The good news: you’ve landed a huge contract with a ton of potential for profit and growth. The bad news: it requires AIA billing, and... Read More
What Is Construction Accounting Software?
Construction accounting software is an integrated set of tools contractors use to track financial data to each project they manage. Like general accounting systems, construction-specific... Read More
Is Your Payroll Getting the Most out of Job Costing? Tips for Prospective and Experienced Job-Costers
When it comes to accounting for labor costs, most other industries have it easy. If you were to run a bait and tackle shop, you... Read More
Graduate into Construction-Specific Accounting Software
General-purpose accounting software is often the best way for small contractors to start out their businesses, but once you outgrow your software, it shouldn’t hold... Read More
Improve Your Financial Game Plan: Purchase Orders / Subcontract Management – A Line Drive!
These days, contractors must do everything they can to control their job costs. Controlling material and subcontractor expenses is especially critical because mismanagement can jeopardize... Read More
