Make your Sage 300 CRE even better, submit Product to Ideas Sage! The Sage 300 CRE suite remains one of the most versatile and easily customizable accounting solutions available to construction companies today. Companies love that the software is adaptable to nearly any specialty industry and unique financial reporting needs. But even with this flexibility,
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No problem! Sage City is a one-stop website. Users of Sage 300 Construction and Real Estate and Sage 100 Contractor will find it’s full of powerful resources. Sage City has links to forums, blogs, training opportunities, videos, year-end centers, and more. However, navigating it can be a little daunting to newcomers. To start, Sage
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Beyond the Income Statement 5 Things to Know About Your Numbers Smart owners and managers use standard financial reports to study profitability and organizational health. But by looking beyond the Income Statement, you can find critical information to improve Estimating and Project Management. 1. What is my Margin (Gross Profit)? How does this relate to
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Save time and reduce errors when it counts! Automated workflows for contractor accounting software can help your company attain a more competitive position. There are many things that can impact and delay project deadlines — particularly when bidding on a project. Team members not following a strict process, approval delay, and inaccuracy of data compilation
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Software Performance Versus Function Is your Sage CRE software idling or racing along? Any Professional Services organization’s goal should be more than implementing new software or training staff to do efficient data entry. A true partner has a loftier mission, based upon a client’s business needs. And that means maintaining an ongoing dialogue with the
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Thinking of low-balling a bid? Does this sound like you? “We are having a hard time winning bids that result in profitable jobs. We can win short-term business by low-balling it, but we cannot survive this way.” Our advice? Never low-ball a job! You just need some help to improve your process. Here’s a conversation
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Specialty versus General Contracting Service and specialty contractors have complex and highly specialized business needs. Examples of these ‘specialty’ contractors include electrical, HVAC, plumbing, roofing, siding and sheet metal, landscaping, painting, carpentry, concrete, excavation, drywall, masonry, and flooring. In contrast to general contractors, who typically focus on longer-term, large-scale jobs, service and specialty-oriented companies have
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Keep your project above water Projects can get underwater quickly if you are not paying attention. Usually, the main reason a project gets off track is that labor costs creep ahead of the current completion level of the project. But, with some monitoring and adjusting, you will be able to proactively manage your project. The
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How to determine your financial health Cash flow is always an important element in the smooth and successful operation of your construction business. It’s particularly key in meeting opportunities and demands. Ask yourself is your construction company in a cash flow crunch? Generating sales and managing operations are, of course, also important. But more
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Document Control is an add-on module for Sage 100 Contrator Managing the paperwork required for your jobs is overwhelming. You are probably already familiar with the ‘basic’ Project management modules within Sage 100 Contractor (Budgets, Change Orders, Purchase Orders, Subcontracts, and Job Reports), but you may not realize that you can accomplish even more with
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Review this IRS checklist to shore up weak spots and improve your documentation in preparation for that unforeseen IRS audit of a construction company. The list comes from the actual Audit Techniques Guide that the IRS uses to examine construction companies. IRS Auditor’s checklist of items to examine Accounting manual or instructions providing guidelines as to what
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