For growing firms trying to manage hectic schedules, it’s all too easy to make construction accounting mistakes, from inaccurately estimating jobs to signing contracts without adequate scrutiny. Here are six of the most common construction accounting errors. Disorganization: It’s not easy to run a well-organized construction accounting department, especially for small contractors. When you’re trying to… Continue reading Top 6 Construction Accounting Errors
Tag: Construction
4 Construction Accounting Best Practices
Applying best practices for construction accounting can deliver benefits across the entire business. Accurate job costing, for example, can help businesses see where they’re making or losing money and react quickly before profitability is negatively impacted. Focus on accurate job costing. Since contractors are project-based businesses, accurately determining the cost of every project is key to… Continue reading 4 Construction Accounting Best Practices
Full Clarity SuiteApp for Construction Industry | Overview
The FullClarity suite app customizes the entire projects module along with the Revenue module. It also includes add-ons like estimation and data presented in a tabular format using the Suite app. If we opt for Suite Projects from FullClarity, we won’t need to purchase other NetSuite modules such as Suiteprojects and Revenue recognition. Customizing project… Continue reading Full Clarity SuiteApp for Construction Industry | Overview