๐๐๐ง๐ฒ ๐ฉ๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐จ๐ง๐๐ฅ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ข๐๐ฅ๐ ๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ ๐ฉ๐ซ๐จ๐๐ฅ๐๐ฆ๐ฌ ๐ฐ๐ก๐๐ง ๐ข๐ญ ๐๐จ๐ฆ๐๐ฌ ๐ญ๐จ ๐ฃ๐จ๐ ๐๐จ๐ฌ๐ญ๐ข๐ง๐ .
As you have learned in my previous posts, job cost accounting is a specialized niche and takes many years of experience in the field in order to handle the books efficiently. Most of my client engagements consist of clean-up work to fix the unqualified bookkeeperโs years of errors.
The major pain points that General Contractors, Subcontractors and Suppliers experience are:
1. Inaccurate Estimates / O&P projections / Customer Baseline budgets
2. Not billing the entire estimate to the customer / Change Order management
3. Not applying vendor invoices to specific jobs
4. Accurately reflecting cost to complete valuation
5. Analysis of Budget vs Actual Reporting
Many trades in the construction industry seek out my assistance because I am a leading construction accountant advisor and provide workflow improvements that assist management and business owners in making better decisions.
I have recently partnered with JobTread Software to add another tool to my advisory toolbox. JobTread Software condenses all of the many moving parts that makes up cost accounting and puts it into a consolidated format.
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