Construction bookkeeping is far more complex than it appears. Here are five reasons why it's a challenging task..
Ever feel like receipts are multiplying like gremlins in your toolbox? You're not alone. Keeping track of receipts is a major pain point for small contractors like you. Those tiny slips of paper hold the key to claiming your business expenses, but let's face it, they're notorious for disappearing.
If you're a contractor tired of guesswork and shrinking margins, consider embracing job costing. It might just be the secret weapon you need to turn your business around.
Running a contracting business is a demanding job. You juggle estimates, projects, and keeping a hawk-eye on every expense that goes into each job. It's a constant effort to ensure profitability and keep your crew productive. But what if there was an easy way to streamline this process, freeing up your time and energy for what matters most – delivering top-notch work for your clients?
Think of it as a financial magnifying glass for your projects. It dissects every single expense, from the lumber for the frame to the light bulbs for the fixtures, and meticulously sorts them into clear cost categories. This way, you gain complete transparency into where your money goes, allowing you to make informed decisions and avoid any unexpected financial surprises down the road.
BuildX is an automation tool for construction finance. It saves 75% time per week spent on bookkeeping..
A construction bookkeeper who works for a design build firm in SFO started using BuildX. BuildX is an automation tool for construction finance. It integrates with QuickBooks..