Uninstalled materials are materials purchased by a contractor and used to fulfill the contractor's performance obligations under a contract for which the cost incurred does not represent a cost transfer to the customer. If the reporting organization is just providing a procurement service, the cost of uninstalled materials should be removed from monitoring progress toward meeting a performance obligation.
The definitive 2025 guide to Intuit Enterprise Suite (IES) for construction companies. Learn multi-entity management, AI automation, job costing, and whether IES is right for your growing construction business. Are you ready to migrate from QuickBooks Online or Desktop.
Read MoreConstruction finance departments face inefficiencies from manual processes. RedHammer offers automation tools that streamline accounts payable, billing, payroll, and job cost reporting, improving efficiency and reducing errors and enhancing cash flow visibility.
Read MoreIntuit Enterprise Suite's Summer 2025 update brings AI agents that automate construction accounting, enhanced multi-entity management with intercompany sales, advanced business intelligence with KPI tracking, and project tools including deposits on estimates.
Read MoreBefore ditching QuickBooks Online, construction firms must carefully evaluate their growth-driven needs. Supplementing QBO with specialized apps like Knowify and Hammr can bridge functional gaps effectively, often providing better value than switching entirely to a complex ERP system.
Read More
.png){kind=small}
