Job costing is a fundamental construction accounting process for tracking costs. Without it, contractors and construction companies are leaving every job up to chance without any way to measure how successful or truly profitable they… Read More »4 tips to get the most out of your construction job costing process
Release date: February 26, 2023 Significant upgrades for time tracking and expense management Our February update includes an exciting new integration and brings new features to improve client and team communication, expense management, and more.… Read More »Knowify updates – February 2023
As a contractor, you need to know the how and why of your business; where and how you are making money is not always easy to pinpoint. Although job costing is essential for answering these… Read More »The essential guide to construction job costing
When it comes to job costing vs process costing, contractors may wonder which cost accounting system or costing method is best for their business. Both enable better decision-making and help keep a close eye on… Read More »Job costing vs process costing
Construction work in progress (WIP), is a necessary accounting process that details the status of a partially completed job and its associated costs. Working in tandem with the percentage of completion method for revenue recognition, WIP reports play… Read More »Construction work in progress: Everything you need to know about WIP
Many jobs, whether they are large or small, will need varying degrees of expertise, skill, licensure, techniques and special requirements. A single contractor will likely not be able to perform all these tasks and meet… Read More »Subcontractor agreement: The basics, key provisions & more
Knowify’s latest update focuses on simplifying your workflow and helping you pivot between tasks with ease. Here are just a few of the features you can expect to see the next time you log in… Read More »Knowify updates – May 2022
We have a new, exciting release of Knowify. This release includes some highly requested features that will help you improve your workflows and increase collaboration in your teams. This is the complete change log of… Read More »Release 3.20 – Change log
2021 starts with a great new release of Knowify! This is the list of changes. We’ve changed the header of the most iconic page at Knowify, making it easier to find all the available actions… Read More »Release 3.19 – Change log
You cannot be at every job site at any given time. You might have an employee that you trust carrying out certain tasks and responsibilities. In Knowify we have a whole section devoted to these… Read More »Feature of the week – Foreman on the mobile app