Use Phase Accounting in Construction

Phase Accounting is the best form of cost accounting for contractors. If you are a contractor with contracts greater than $100,000 each, use phase accounting to analyze performance and productivity in your organization.

Use Phase Accounting in Construction – Part II (Trades)

This section covers the three traditional trades that require a license from their respective state. This is your HVAC installer, the electrician and the plumber. In some contractor may wish to include the septic tank and water well installer. However, I prefer these two be included in the site development phase as they do impact the site and there is only one connection to the main builder for these two particular trades. 

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