by Gaurav Mehrotra | Jan 4, 2019 | Accounting, Financial, News, Podcast, SJCC
Executive Summary A GL account is separate from a cost code financial and job cost reporting. Here we introduce the basics of GL accounts What’s a GL Account? GL stands for General Ledger. The general ledger is a set of accounts used by your accountant to...
by Gaurav Mehrotra | Dec 31, 2018 | Financial, News, SJCC, White Paper
How Contractors Can Solve Four Common Challenges Recently Mr. Jennings took part in a CMiC playbook about forecasting. Here are some excerpts and a link to download the full playbook. “Forecasting feeds the lifeline of the financial health of a company,” he says. “If...
by Gaurav Mehrotra | Dec 26, 2018 | Claims, Claims Management, News, Publications, SJCC
In a best case scenario, a construction claim will make the contractor financially whole again on the matter. In a worst case scenario, the contractor goes out of business. Most claims conclude somewhere in between with all parties unhappy. There are some...
by Gaurav Mehrotra | Dec 21, 2018 | News, SJCC, Technology
Executive Summary: Microsoft Excel is probably the most common tool in the construction industry. Most people use it daily. Here are five simple, everyday things to make you better with Microsoft Excel. Right to the tips! To some this list will be elementary, to some...
by Gaurav Mehrotra | Dec 14, 2018 | Financial, News, SJCC
Executive Summary: Many construction companies run their operations with too little specificity; costs ought to be reviewed on an activity-by-activity basis. Learn what, why and how to set up a good cost code structure. The bid and execution. Let’s use an example,...