What you probably didn’t learn at any accounting conference this year
Conferences can offer you a little bit of everything. From socializing with fellow industry...
Without steadfast diligence with construction bookkeeping practices, things can go awry fast. Botkeeper gives construction businesses the tools to improve their bookkeeping process, and the means to track all that financial information so ROI is crystal clear.
Construction contractors face specific bookkeeping headaches, including tracking what clients owe, as well as how much money is owed to suppliers and other vendors. Let’s face it—entering transactions on a daily basis is a HUGE pain. There’s also immense pressure to be precise because even a small mistake can end up costing a lot of money and get in the way of other things like paying bills. Botkeeper will take care of the bookkeeping so our construction clients don’t have to! Kick back and watch as Botkeeper integrates with your current accounting software, spearheading your bookkeeping, paying the bills, and reconciling the accounts.
Unlike other industries, construction businesses have to remain mobile and provide services in new locations all the time. Chances are, you have to monitor costs of travel time, rental and delivery fees of equipment, purchasing costs of materials specific to each individual project, and the costs of clearing all materials from your job sites upon completion. These factors impact your ability to do effective job costing—even in the presence of change orders—and place accurate bids on potential projects. Maintaining a general ledger for each project and generating daily reports to remain profitable can be overwhelming and can quickly lead to backlogging your essential bookkeeping tasks.
Conferences can offer you a little bit of everything. From socializing with fellow industry...
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