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Kandungan disediakan oleh Builders, Budgets, and Beers. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Builders, Budgets, and Beers atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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Establishing an efficient cost coding system with Penny Lane

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Manage episode 438131743 series 3566563
Kandungan disediakan oleh Builders, Budgets, and Beers. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Builders, Budgets, and Beers atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.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

10 episod

Artwork
iconKongsi
 
Manage episode 438131743 series 3566563
Kandungan disediakan oleh Builders, Budgets, and Beers. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Builders, Budgets, and Beers atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.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

10 episod

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