Nicolle,
We use a one-page Excel startup sheet that the estimators are required to complete and send to the office and field supers, capturing much of the relevant info that accounting needs: GC contacts, type of contract, contract amount and estimated costs, billing and retainage terms, market sector, sub requirements, certified payroll, OCIP/CCIP, bonding, background check requirements, and more. Some of the items are Yes/No check boxes, and for example, knowing it's an OCIP job and the contact people are provided, we follow up.
There is some consistency in projects with the same GC, but the billing due date, waivers required, etc. can vary depending on owner requirements. Each job is unique!
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Jeffrey Michael CPA CCIFP
CFO
Cippco, Inc.
Philadelphia PA
(215) 335-1401
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Original Message:
Sent: 05-02-2023 13:06
From: Gloria Lin
Subject: A New Project, a New Client & a New Accounting Process!
Hi Nicolle,
Siteline was built exactly to address this problem. It specifically helps trade contractors juggle complex requirements to get paid, including GC/owner forms, payment portals like Textura/GCPay/Procore, lien waivers, compliance docs, and more.
Feel free to reach out if you'd like a demo.
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Gloria Lin
CEO
Siteline Technologies, Inc.
https://www.siteline.com
(925) 963-6523
Original Message:
Sent: 05-01-2023 11:51
From: Nicolle Taylor-Sheafor
Subject: A New Project, a New Client & a New Accounting Process!
The member two cents this month is a topic that I'm endlessly interested in hearing what others are doing and the innovative and creative ways they have found to manage the different requirements of GC's, CM's, and government entities with the limited resources. Curious if anyone out there in the community has something unique that they would like to share?
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Nicolle Taylor-Sheafor, CCIFP CCIFP
Controller
Hardman Construction, Inc.
Ludington MI
(231) 316-5326
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