Any types of construction work can be included in the company’s current expenses and reduce the tax rate. In this case, you can take into account not only the amount allocated to the contractor under the contract, but also the funds spent on the purchase of materials. Software Indirect costs in construction will automate the accounting processes of the following disciplines:
- Invoices - not directly related to specific construction activities, but are necessary for the smooth execution of project tasks.
- Management and general conditions - costs for design and supervision activities, security construction and transportation of materials.
- Personnel compensation - remuneration is paid to employees responsible for certain stages of construction.
Accounting for indirect costs is important for the contractor. Allows you to plan the direction of financial flows. Consider the possibility of launching new projects or lending to complete an already started project.
Free consultation on purchasing software
You can get more complete information and become familiar with the capabilities of software for automating the accounting of construction costs with using the developer's website. A staff specialist will answer all your questions and explain the conditions for purchasing an intellectual product.
