This article is an introductory article to a Microsoft Excel spreadsheet for construction estimating. We will go over a few things that we need to understand before we start building the cost-accounting system in the right way.
The first thing that we need to know is that cost accountings are not something new. They have been around for a long time and it is only recently that they have become widely used. As such, let us look at how the cost accountancy works.
The first step is to put in the expenses for potential tasks. These include costs for labor and materials. It is important to put in everything that needs to be accounted for so that you can make accurate calculations. Of course, this is not the case in a typical accounting process.
The next step is to get a money order to be cashed. The way it works is that you are going to include the callable portion of the bill along with any amounts due to the charge on your work order. When the cashier arrives, you just fill in the money order and he or she will make the payment to the supplier with the money order.
You should note that when the money order is cashed, the invoice shows that the money has been received but, more importantly, it shows how much was paid. Now you can continue with your work order, keep in mind that you are not supposed to keep any extra money or the project won’t move forward.
Now the real process starts by giving out or asking for more feedback. Once you get all the feedback from your customer, you can take stock of your estimation so that you know exactly what to do in the future.
Following this, you can continue to make accurate results that you can use to estimate other projects in the future. Once you get this figured out, you should always remember to continue paying attention to the work that needs to be done.
