10 Essential Tips for Accurate Job Costing in Construction
As the owner of a construction business, you need correct job costing to make the most money and keep your bottom line healthy. If you...
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- Jul 13
- 3 min
Understanding COGS in Construction for Financial Success
Cost of Goods Sold, or COGS, is one of the most important factors in a building company's financial health. COGS is an important part of...
22
- Jul 7
- 2 min
The Power of Job Order Costing: Essential Pros, Cons, and Solutions Every Contractor Should Know
Construction is about much more than the physical act of building. Effective cost management plays a huge role in this industry. Among...
8
- Jul 3
- 4 min
What is Overhead Cost? Are You Spending Too Much?
If you own a building business, you probably know what "overhead cost" means. But what is an overhead cost, and why is it important in...
12
- Jun 25
- 5 min
Breaking Down General Ledger in Construction Business
In the world of the construction business, a general ledger (GL) is like your financial journal. It keeps track of every penny flowing in...
16
- Jun 19
- 3 min
Construction Cost Codes: The Ultimate Guide for Project Managers
As a construction project manager, you have to handle many complex tasks, and one of the most critical ones is managing finances....
172
- Mar 30
- 3 min
Understanding Construction Cost Codes and General Ledger Accounts in Sage 100 Contractor
When you post an expense to a job, whether, through an AP invoice, payroll, or direct general ledger entry, you will always choose a job and
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- Jun 23, 2022
- 2 min
Construction Job Costing Software Can Improve Your Profits and Increase Growth
Construction job costing is now compulsory for contractors who want to improve profits, win more projects, reduce risks and gain the...
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- Mar 24, 2022
- 2 min
Construction Overhead Costs: Key Difference Between Direct and Indirect
Overhead costs are all costs associated with any construction or renovation project, and they make up generally a substantial portion of...
568
- Mar 18, 2022
- 5 min
Construction Indirect Costs: Your Guide to Streamlining Finances
Indirect costs in construction can often be the silent profit killers, creeping in without much fanfare and eating away at the profit...
293
- Mar 1, 2022
- 2 min
Job Costing vs Process Costing: 10 Key Differences
Job costing and process costing are primary accounting methods. As a business owner, understanding each one is important to determine...
49
- Feb 22, 2022
- 3 min
Job Cost Tracking in Sage 100 Contractors
In this part, we’ll take you through the importance of job cost tracking and, especially, how to do it properly with Sage 100 Contractor....
108
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