What the Home Builder / Owner of a home building business should know about valuing accounting and about the various METHODS of accounting used in the construction industry. CHS is VERY flexible. Use the accounting method most suited to your business, whether it is simple or more comprehensive.

ACCOUNTING METHODS: We realize that accounting in the construction industry can be overwhelming for a home builder. SO, we try to provide information to educate and help you through the process! The video includes:

Comparison of the Cash Method, Completed Contract Method, and the Percentage Of Completion method. This is so the owner can decide which method is best for his or her business, and then let the accounting team know what is needed from them.
Briefly shows the Percentage Of Completion features in CHS.

In addition to the video below, click this link to watch our 2 videos about how CHS takes on the Complex & Unique Accounting Needs Of Home Builders. It’s a good idea to have your accounting team watch those!