Improving job-level profitability requires an effective job costing system. It serves as the foundation for controlling costs, reveals where you are making or losing money, and provides the necessary insights to make better business decisions.… Read More »Construction job costing audit checklist and optimization tips
Release date: January 21, 2023 Major upgrades for Job Costing and Plan & Track Our January update brings major new features that improve the way job costing, budgeting, and communication are handled within Knowify. Read… Read More »Knowify updates – January 2023
As a contractor, you need to know the how and why of your business; where and how you are making money is not always easy to pinpoint. Although job costing is essential for answering these… Read More »The essential guide to construction job costing
As a contractor in the construction industry, you know that job costing is important (and that’s putting it lightly). Accurate job costing is how you determine if your company is making a profit from the… Read More »The impact of construction overhead costs on profit
When it comes to job costing vs process costing contractors may wonder which accounting system is best for their business. Both enable better decision making and help keep a close eye on the financial health… Read More »Job costing vs process costing: key differences & advantages
Construction change orders are documents that detail the addition or removal of work from the original scope of a project that was agreed on by the contractor and their client prior to any work being… Read More »Construction change orders: Everything you need to know
How do you know whether it’s time to move your accounting software to the cloud? These growing pains may indicate that it’s time to move from QuickBooks Desktop accounting software to QuickBooks Online. QuickBooks Desktop… Read More »Outgrowing desktop software: Time to go to the cloud with QuickBooks Online + Knowify
Business people who work consistently on fixed-priced contracts learn early on that the profitability of their business depends on two things: the quality of their job costing analyses and their project management/execution. Surely Microsoft helped… Read More »Project costing and tracking – Two things that belong together!
This question (in its many flavors) is one we encounter quite frequently at Knowify. We know from experience that accountants can have pretty strong opinions about this question, but we’re also not afraid to share… Read More »Should I include overhead in my job cost?
QuickBooks Online has an awesome feature that can automatically load your Credit Card transactions into your QBO account. Knowify has an awesome feature that can automatically load your QBO transactions into your jobs. Put the… Read More »Pulling credit card transactions into Knowify from QuickBooks Online