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Dec 124 min read

Overhead Cost Calculation in Construction: Step-by-Step Guide

Understanding overhead cost calculation is essential for contractors aiming to manage costs and maximize profits. Direct costs, like...

The Ultimate Guide to Managing Construction Overhead Expenses

Aug 314 min read

JOB COSTING

The Ultimate Guide to Managing Construction Overhead Expenses

Construction overhead expenses are one of the most important but often forgotten parts of managing money in the construction business....

Top 5 Mistakes Contractors Make with Overhead Costs

Aug 165 min read

JOB COSTING

Top 5 Mistakes Contractors Make with Overhead Costs

In the world of construction, managing finances effectively can be the difference between a successful project and one that wastes your...

How to Allocate Overhead Costs in Construction: A Beginner's Guide

May 255 min read

FINANCIAL MANAGEMENT

How to Allocate Overhead Costs in Construction: A Beginner's Guide

In the construction industry, understanding and effectively managing overhead allocation is crucial for maintaining profitability and...

1,235

Feb 213 min read

JOB COSTING

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...

Jul 16, 20233 min read

JOB COSTING

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...

Understanding COGS in Construction for Financial Success

Jul 13, 20233 min read

JOB COSTING

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...

1,182

The Power of Job Order Costing: Essential Pros, Cons, and Solutions Every Contractor Should Know

Jul 7, 20232 min read

JOB COSTING

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...

115

Are You Spending Too Much? Understanding Construction Overhead Costs

Jul 2, 20234 min read

JOB COSTING

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...

441

Breaking Down General Ledger in Construction Business

Jun 25, 20235 min read

JOB COSTING

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...

429

Construction Cost Codes: The Ultimate Guide for Project Managers

Jun 19, 20233 min read

JOB COSTING

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....

3,404

Understanding Construction Cost Codes and General Ledger Accounts in Sage 100 Contractor

Mar 30, 20233 min read

BOOKKEEPING & ACCOUNTING

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

2,208