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Outlined illustration of a plumbing contractor | Job costing vs. Process costing | Knowify

Should plumbing contractors use job costing or process costing?

Plumbers are, without question, the backbone of modern infrastructure — the average American uses 400 gallons of water per day. As a vital part of society, competition in the plumbing trade is fierce. Of the 115,000 plumbing companies in the U.S., no…

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Stay in the know by reading our blog; find relevant information on best practices in the industry and how to run and grow a construction business efficiently.

Business management
Picture of a job site working on the exterior of a building in Vancouver | Submittal package | Knowify
Submittal package: Best practices & steps to get started

While the submittal process is a familiar one for contractors, familiarity doesn’t make it any easie…

Visual using a document and checkmark sign iconography | Certificate of final completion | Knowify
Certificate of final completion for construction: Free template

A finished project, no matter how big or small, stands testament to the hard work, dedication, and g…

Abstraction of progress invoicing based on percentage of progress per each line item | Progress billing in construction | Knowify
Progress billing in construction

Although progress billing is commonplace in the construction industry, many aspects of how it functi…

Construction accounting
Outlined illustration of a plumbing contractor | Job costing vs. Process costing | Knowify
Should plumbing contractors use job costing or process costing?

Plumbers are, without question, the backbone of modern infrastructure — the average American uses 40…

Creative visual using a contractor and clock iconography | How to change a timesheet entry in QuickBooks | Knowify
How to change a timesheet in QuickBooks when job costing

Time tracking is essential to any construction job. Especially when considering that most contractor…

Creative using dollar & graph iconography to show financial growth | Job costing in QuickBooks | Knowify
How to set up job costing in QuickBooks

Learning how to set up job costing in QuickBooks is crucial for any project-based business that want…

Project execution
Picture of the construction of a 20-story building in Andorra | Certificate of substantial completion | Knowify
Certificate of substantial completion for construction

When a certificate of substantial completion is issued and signed, it marks the point when the build…

Picture of a job site for city construction in Barcelona (Spain) | What is a time and materials contract | Knowify
Time and Materials contract (T&M): How they work & when to use one

Under a time and materials (T&M) contract, labor is billed as time is logged, and material costs…

Visual using a document and dollar sign iconography | How to price a construction job | Knowify
How to price a construction job: contractor best practices

As material and labor costs continue to rise, construction contractors are left wondering– are my jo…

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