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Accounting Technology

Software and technology that streamline construction accounting, from job-costing platforms to automated financial reporting tools.

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    Accounting Software Checkup No. 6: Unmanageable Growth Can Lead to Excess Staffing

    The goal for many business owners, aside from making money, is to grow.
    Read More →: Accounting Software Checkup No. 6: Unmanageable Growth Can Lead to Excess Staffing
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    Don’t Shirk the Software When it Comes to Job Cost Accounting

    The real value of construction accounting systems lies in their ability to provide contractors with accurate and up-to-date information for better decision making.
    Read More →: Don’t Shirk the Software When it Comes to Job Cost Accounting
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    Frustrated With Canned Job Cost Reports?

    What do construction accounting software packages offer compared with generic accounting software?
    Read More →: Frustrated With Canned Job Cost Reports?
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    What Will 2009 Mean to the Surety Industry and Your Ability to Secure Bonds?

    Calendar year 2009 was indeed an interesting year for the construction community, and there is no doubt 2010 will be challenging as well with continued aggressive competition and increasing scrutiny from the surety community.
    Read More →: What Will 2009 Mean to the Surety Industry and Your Ability to Secure Bonds?
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    No. 7: Game Saving Plays: Over/Under Billing and Bonding Reports

    When the game is on the line, not many coaches would send an inexperienced rookie to the plate.
    Read More →: No. 7: Game Saving Plays: Over/Under Billing and Bonding Reports
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    No. 6: Purchase Orders/Subcontract Management – A Line Drive

    These days, contractors must do everything they can to control their job costs.
    Read More →: No. 6: Purchase Orders/Subcontract Management – A Line Drive
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    Hard-Close vs. Data-Sensitive Accounting Systems?

    Q:I’m having a hard time getting prior years’ data out of my accounting system, especially when the data crosses over a fiscal year-end boundary. The Department of Labor’s Office of Workers’ Compensation Programs (OWCP) came in recently for an audit and requested information from July 1, 2006 through June 30, 2007. It took us nearly an entire day to manually summarize the information from a compilation of printouts. Do you have any suggestions? FranA:Many outdated accounting applications use a hard-close system, which is designed to prevent users from posting data in periods that have already been reconciled.  Unfortunately, you have described just one disadvantage to using such a system. Date-sensitive systems, in contrast, allow users to access any report, including historical data from any date…
    Read More →: Hard-Close vs. Data-Sensitive Accounting Systems?
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    Manage AIA Billings Efficiently

    Fred Ode answers accounting software questions.
    Read More →: Manage AIA Billings Efficiently

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