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Accrual vs. cash accounting; finding the best remodeling customers
If I were to ask ten contractors how they calculate and apply overhead (indirect expense) to their estimates or time-and-material work, I would get ten different answers. If I were to press further as to how they arrived at their numbers, most of their methods would turn out to be arbitrary or have...
Airtight homes, cash accounting, woodshop noise, drilling holes in I-joists, more
A CPA explains how to organize your monthly schedule so that you’re always keeping an eye on job costs — and turning a profit.
Are powerful, multifunction construction software packages worth the cost and the time they take to learn? We look at five builders who took the leap and were willing to share their stories.
Making sure you get paid for change orders
What your accountant is telling you
Q: What’s the best accounting software for job costing and tracking for a remodeling company?
Builders go online, low-cost energy upgrades yield two-year payback, new code reference, drywall study proves usefulness of corner clips, more
Using the percentage complete method, you can accurately track revenue and profit throughout your jobs.
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