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The Role of Job Costing in Enhancing Construction Project Profitability
In the ever-evolving landscape of the construction industry, profitability is a key determinant of success. Effective job costing is an...
Feb 21, 20243 min read
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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...
Jul 17, 20233 min read
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Understanding COGS in Construction for Financial Success
COSG stands for Cost Of Goods Sold , is one of the most important factors in a building company's financial health. COGS is an important...
Jul 13, 20233 min read
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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...
Jul 7, 20232 min read
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Are You Spending Too Much? Understanding Construction Overhead Costs
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...
Jul 3, 20234 min read
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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...
Jun 25, 20235 min read
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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....
Jun 19, 20237 min read
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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
Mar 30, 20233 min read
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How Does Construction Job Costing Software Can Improve Your Profits?
Construction job costing is now compulsory for contractors who want to improve profits, win more projects, reduce risks, and gain the...
Jun 23, 20222 min read
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Construction Overhead Costs: Key Difference Between Direct & Indirect
Overhead costs are all costs associated with any construction or renovation project, and they make up generally a substantial portion of...
Mar 24, 20224 min read
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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...
Mar 18, 20225 min read
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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...
Mar 1, 20222 min read
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