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Establishing an efficient cost coding system with Penny Lane

45:53
 
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Manage episode 438131743 series 3566563
内容由Builders, Budgets, and Beers提供。所有播客内容(包括剧集、图形和播客描述)均由 Builders, Budgets, and Beers 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Penny Lane, a construction accounting expert, discusses the importance of designing a simple yet effective chart of accounts and cost coding system for contractors. She emphasizes using these financial tools to track profitability, make informed pricing decisions, and ultimately run a more successful construction business.
https://jobcosting.com/
Construction accounting, chart of accounts, and cost coding with a specialist. (0:00)

Chart of accounts for contractors, including types of accounts and how they relate to financial reports. (3:50)

Job costing and accounting for direct and indirect costs. (9:50)

Accounting for construction costs, including cost of goods sold and indirect costs. (14:59)

Simplifying accounting systems for contractors, focusing on cost codes and chart of accounts. (21:42)

Breaking down job costs into subcategories for easier tracking and analysis. (25:57)

Organizing financial accounts for contractors to track profitability. (30:58)

Profit margins, markups, and cost structure for contractors. (35:13)

Construction accounting basics and how to use financial data to make better business decisions. (39:57)

Find Our Hosts:
Reece Barnes
Matt Calvano

Podcast Produced By:
Motif Media

  continue reading

16集单集

Artwork
icon分享
 
Manage episode 438131743 series 3566563
内容由Builders, Budgets, and Beers提供。所有播客内容(包括剧集、图形和播客描述)均由 Builders, Budgets, and Beers 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Penny Lane, a construction accounting expert, discusses the importance of designing a simple yet effective chart of accounts and cost coding system for contractors. She emphasizes using these financial tools to track profitability, make informed pricing decisions, and ultimately run a more successful construction business.
https://jobcosting.com/
Construction accounting, chart of accounts, and cost coding with a specialist. (0:00)

Chart of accounts for contractors, including types of accounts and how they relate to financial reports. (3:50)

Job costing and accounting for direct and indirect costs. (9:50)

Accounting for construction costs, including cost of goods sold and indirect costs. (14:59)

Simplifying accounting systems for contractors, focusing on cost codes and chart of accounts. (21:42)

Breaking down job costs into subcategories for easier tracking and analysis. (25:57)

Organizing financial accounts for contractors to track profitability. (30:58)

Profit margins, markups, and cost structure for contractors. (35:13)

Construction accounting basics and how to use financial data to make better business decisions. (39:57)

Find Our Hosts:
Reece Barnes
Matt Calvano

Podcast Produced By:
Motif Media

  continue reading

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