Construction accounting, billing, cash flow, and financial management.
Track allowances, selections, overages, and credits with a free spreadsheet. Follow a worked remodel example that separates selection costs from approved adjustments.
A practical guide to running construction accounting in QuickBooks: setting up a job-ready chart of accounts, tracking job costs, categorizing expenses, and knowing the point where QuickBooks alone stops keeping up with your projects.
Markup is profit as a percent of cost; margin is profit as a percent of price. A 50% markup is only a 33.3% margin. See the formulas, examples, and calculator.
