The Key to Profitability
Job costing connects the money spent on a job against the money collected to complete the job and tracks all the costs related to the job to determine its profitability. A typical misconception about job costing is that it is only for large contractors with many employees. Keeping track of these costs and expenditures takes extra time and work for contractors and field workers, and oftentimes construction company owners don’t experience an immediate benefit. In fact, some contracting businesses haven’t put job costing procedures in place despite the financial risks. This white paper reviews costs involved in creating helpful job costing reports that can help companies understand the value of investing time into job costing.
Agenda
Faculty
Randal DeHart, PMP, QPA
Fast Easy Accounting
- Co-Founder in the office of Fast Easy Accounting
- Practice emphasizes all aspects of construction accounting for contractors all across The USA including Alaska and Hawaii
- Conducts regular seminars and workshops on numerous parts of construction accounting
- Written several publications related to the areas of construction accounting
- Education: Accounting, Project Management, QuickBooks, Xero Accounting
- Can be contacted at 206-361-3950, [email protected] or on Twiter® @ContractorBkpng
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