Construction accounting is a complex field. There are so many things to keep track of and manage in the construction industry that it can be hard to decide what is the best way to do it all. And, because every project and company has unique needs, you have to find an accounting software solution that fits your specific requirements.
When you are running a construction business, there are many different aspects to keep track of. You have to oversee all the building projects, manage your payroll, and collect payments from customers.
The best way to track job expenses in commercial construction is with job costing, a system of accounting where you break down the specific labor and materials required for the job. It is also necessary to add an additional fee to cover your overhead costs.
There are two ways that construction projects are priced: process costing and job costing.
“One of the things that was a problem area for us was that everything was very disjointed, every way through every single part of the process.” Austin Steele describes how his business operated before they switched to STRUCTURE Blue. “Our accounting people were so far over the limit in terms of frustration.”
Learn how STRUCTURE, an end-to-end construction accounting solution, meets the unique needs of contractors.
For over 39 years, CF Data Systems has been servicing the construction industry with solutions that address their unique office and financial needs.
Working hand in hand with STRUCTURE's desktop applications are a suite of mobile apps designed to even further enhance productivity.
C/F Data issues a quarterly newsletter to inform customers about upcoming events, classes, program changes, etc.
The STRUCTUREmobile suite is a collection of mobile apps that are linked to STRUCTURE Blue for use in the field.