Users are able to leverage role-based dashboards with curated key performance indicators (KPIs) for their specific position and team, while detailed reports give you the ability to analyze trends and identify opportunities emerging. Included with these reporting capabilities are drill-down functions that let you investigate anomalies within transactions and make it easier to reconcile issues. Implementing Sage 100 Contractor with a certified partner such as SWK Technologies will give you the ability to tailor your construction software deployment around your business needs and objectives, and ensure that your ecosystem is built around your unique pain points.

Construction Cost Estimating and Cost Control

This course is designed for new Construction Finance Managers, Construction Project Managers, Project Accountants and leaders of construction firms who are non-financial managers. When you have accurate financial information that you really understand, you have the tools and confidence you need to unlock the true potential and profitability of your construction business. If you’re a contracting entrepreneur looking to get the most benefit possible from a precision set of contractor books, you should consider the ApparatusX™ Coaching Program.ApparatusX™ is a live online coaching program available to both Apparatus clients and non-clients. Professor Bob Dewing discusses project finance and provides an overview of Global Project Finance. If you’re just looking for information to supplement your understanding of the best practices of bookkeeping for contractors, our Apparatus Continuous Library is for you.

• We’ll share a constant stream of good ideas and techniques to you via email, with new material about every two weeks.
• “The Basics” Workshop begins with an overview of the construction industry, then moves from the contract life cycle to job costing issues to financial reporting concerns and beyond.
• It will also address the various balance sheet, cashflow, and tax implications.
• If you’ve decided to become an Apparatus client, you’ll automatically be enrolled in our six-session Apparatus Bootcamp available only to Apparatus bookkeeping clients.

Real Estate Finance for Development Projects

• If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
• The Apparatus New Client Bootcamp is free for all new Apparatus clients.
• It is also ideal for those individuals who may have managed financials for non-construction related industries and may also include surety, banking and insurance professionals.
• If you only want to read and view the course content, you can audit the course for free.
• We’ll give you accounting, payroll, reports, and CFO services you and your team need to have an in-depth understanding of the financial performance of your construction business.
• If you’re just looking for information to supplement your understanding of the best practices of bookkeeping for contractors, our Apparatus Continuous Library is for you.

As a longtime Sage VAR (value-added reseller), CSP (cloud service provider) and Strategic Hosting Provider with the Sage Partner Cloud, SWK’s expert consultants will be able to help you compare your options for construction bookkeeping an on-premise versus cloud-based environment. We’ll give you accounting, payroll, reports, and CFO services you and your team need to have an in-depth understanding of the financial performance of your construction business. Members meet monthly for a three-hour group Zoom®-based session, and weekly for a  thirty-minute personal check-in session. In each session we help you make the most of your bookkeeping toolset to drive the revenue and profits of your growing contracting business.

When will I have access to the lectures and assignments?

Grant your team a deeper level of financial insight than is available with desktop accounting software such as QuickBooks or Sage 50, as well as automation for industry-specific processes and integrated data views that help you streamline your operations. Leverage role-based https://www.inkl.com/news/the-significance-of-construction-bookkeeping-for-streamlining-projects dashboards and specialized reports to quickly transform raw numbers into actionable insights and drive better, more informed decision-making. Sage 100 Contractor (formerly Sage Master Builder) is a robust project accounting and management system designed to help small and mid-sized construction firms break down reporting silos and unite disparate processes in one integrated solution. Whether for general contracting, subcontracting or specialty trade work, this industry-specific software allows you to maintain consistent visibility across your entire business while also empowering your managers to automate critical tasks.

You’ll come away with a deeper and broader understanding of construction accounting and financial management. Connect all of your financial workflows from accounts payable and billing to payroll and cash flow together in a single, consolidated ERP system. Sage 100 Contractor acts as the backbone to your construction accounting processes, designed to handle the unique complexities of bookkeeping and transactional reporting in the industry.

Construction Accounting Training

Professor Anthony Webster provides an in-depth look at designing and building commercial real estate by looking at financial plans. You don’t need to be a lawyer to read a contract (though you absolutely want one to), but you do need to understand what you are reading. You also need to understand the major differences between the AIA documents and the new Consensus DOCS. This course will help you learn which clauses to look out for so you can protect your company’s bottom line. Any CPAs or other accounting professionals who are going to sit for the industry exam. We’ll go over your business challenges and unique needs, and see where you can unlock new value from your technology and make your operations run easier.

• At the core of our wide range of academic inquiry is the commitment to attract and engage the best minds in pursuit of greater human understanding, pioneering new discoveries and service to society.
• This 12-week course provides a deeper understanding of real estate finance for development projects and investments, including budgeting, cost estimating, and predicting and mitigating risks.
• Calculating simple and compound interest rates are covered along with distinguishing between nominal and effective interest rates.
• When you become an Apparatus client, we use our online bootcamp to give you the understanding and insights you need so we can be successful delivering the results your company needs.
• Optimize your field operations with mobile-friendly tools that connect office and field staff in real-time.
• If you need to know the fundamentals of construction finance, then this course is for you.