The Importance of Understanding Estimated Costs vs. True Costs

Understanding Estimated Costs vs. True Costs in Sage 300 & Beyond In his article at the 415 Group, CPA Lee Kammerer says that the process of estimating and presenting costs to complete on contracts in progress is as much an art as it is a science. The integrity of a contractor’s financial statements is supported by an…

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Get Your Estimates out of the Ballpark and into Reality

Accurate Esitamtes and Forecasting with Cabbage and Sage Cost estimating & financial forecasting are the most important steps in construction project management. This approximation figures out the costs of a build at different stages of project development, based on available data. In a nutshell, cost estimating is done using previous experience to estimate the total…

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WIP Forecasting: The Standard for Your Success as a Contractor

Forecasting with Cabbage and Sage 300: The Standard for Your Success as a Contractor Work in progress (WIP) reports are the yardstick that bankers, bonding agents, and surety underwriters use to measure your financial success or failure as a contractor, as explained by construction CPA Wesley Middleton in his post at Punchlist.  Contractors frequently look at…

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Tips for Tracking Project Changes in Sage 300

Tips for Project Tracking in Sage 300 CRE Accurately tracking project changes is essential to the health and profitability of your projects, as changes affect project costs and completion timelines. Not consistently receiving updates from field staff, failing to keep paperwork organized, and manually updating changes across siloed systems make your projects prone to costly…

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