CONSTRUCTION ACCOUNTING IS COMPLEX!

CHS IS ALL ABOUT HAVING THE RIGHT TOOLS TO HANDLE IT!

Construction accounting is challenging because of

• the size, complexity, and duration of projects

• the variety of costs involved that requires more than just a basic Chart Of Accounts

• the various types of contracts to choose from (fixed lump sum, costs plus…)

• the different accounting methods required by the IRS based on the type of project

• the progressive billings and payments that require something more than normal accounts receivable

• and the need to track where estimated profits are headed in REAL-TIME for every single project

Construction accounting takes more time than “normal” accounting, so don’t make it take even longer by using generic software that is not designed for it. Help your accounting team become major players in Shaping Your Business Towards Success.

• Our best tip: Construction accounting is not typically taught in accounting courses, so it is best to engage an accountant that understands construction accounting to mentor your bookkeeper & oversee your books.

• Give your accounting team the software tools they need to give you the real-time answers you need to make the right choices!

• Home building success is all about the numbers! Having software that is specifically built for your industry is a huge benefit.

Don’t just take our word for it. See what these unaffiliated CFO’s and builders say about construction accounting in general…

Atlas CFO: “We’ve worked in the construction industry for over 20 years–as both CPAs and CFOs. So, we know just how complex the financial side of your business is. It’s big, messy, complex, and hard to understand.”

The next 2 video shorts are by David Wintzer who has “been involved in the construction industry for a number of years. Within the past 18 months, his company located in Utah has secured over $15 million of work. He shares his insights, opinions, and experience in the industry, starting and managing a construction company, and more.”