What are Cost Value Reconciliations (CVRs) in construction? According to the DesignBuildings wiki, cost value reconciliation is used to monitor and measure expenditures against the budget on a construction budget. All of the expenses for the previous period are gathered and added up to see all of the current costs. The current cost value is …
Construction Cost Value Reconciliation (CVRs) explained Read More »
What does “TITN Development” do? My name is Jordan Cohen and I am a Partner at TITN Development, which is a medium-sized development company in South Florida. We do everything from spec homes, to office buildings, to townhome projects. We do everything in-house – we buy the land, do the land development, build the project, …
TITN Development from Florida finds Planyard perfect for Job Costing Read More »
What is Construction Job Costing? According to Wikipedia, job costing is a type of accounting which tracks the costs and revenues by “job” and enables standardized reporting of profitability by job. This means that in additionally to to the G/L ledger account information for each line of an bill, you would also attach a job …
Can QuickBooks Online do Construction Job Costing? Read More »
For the past few weeks, we have been busy restructuring large parts of our database so that in the future we could implement new functionality faster. This meant that we were not able to add new features during this time as we normally would have. However, there are still quite some relevant new process optimizations …
QuickBooks and construction QuickBooks by Intuit has various options for construction companies that they could use. They range from general desktop versions to contractor-specific versions, to cloud-based online versions. Before we can say which of the versions is best for construction, let’s see what are the needs of a standard construction company. After that we …
Which QuickBooks version is best for construction in 2022? Read More »
What is Xero? Xero is cloud-based accounting software for small and medium businesses, including construction companies. It can help you do your bookkeeping. Xero features include invoicing, accounts, vendors or clients, payroll, and much more. It can even connect to your bank so that you can easily sync bank and financial information. Since it is …
Is Xero good for Construction Accounting? Simple Guide and Explanation Read More »
