I am trying to figure out how to keep track of American Institute of Architects (AIA) billings. We use a small business accounting program, and I currently do all the calculations in a spreadsheet and then transfer the data over, line-by-line, to the AIA forms. Am I missing something? Is there a better way?
The most commonly cited benefits of Global Navigation Satellite System (GNSS) enabled machine control are grading and excavation productivity and the cost savings that result from a reduction in manual tasks such as excavation depth verification using conventional surveying methods. The use of this technology on recent underground utility work for a state vehicle maintenance facility outside of Phoenix, AZ, demonstrates that it has something in common with the Construction Management at Risk (CM at Risk) project delivery method, in which cost control is a major priority.
Editor's Note: This is the sixth article in the series, "Software Feature Line-Up," by Mike Ode. Each article focuses on must-have accounting software features. To read the previous article, click here.
These days, contractors must do everything they can to control their job costs. Controlling material and subcontractor expenses is especially critical because mismanagement can jeopardize both cash flow and profits. To avoid these risks, many companies use purchase order and subcontract management systems. The big hitters take it a step further. They rely on construction-specific accounting systems to help streamline the processes and improve their decision-making capabilities.
In order to understand my job costs better, I recently upgraded to the contractor version of our small business accounting software. I am hugely disappointed, however, because the canned job cost reports don't give me what I need. I understand that there are construction-specific accounting packages out there, but they also cost much more. What do they offer that this software does not?
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