ISS lets you design job files your way. You can have as much or as little detail as you want. Overhead and profit can be entered as fixed amounts or as percentages. The sales price can be a fixed amount or a floating amount. Subtotals can be shown wherever you want them.
Play “What if” ‘til your heart’s content. Pick a job that you have budgeted. Quickly see what happens to the sales price if you increase the overhead by 5%, or see what your profit will be if you enter a fixed sales price. The flexibility of the change order system allows you to have different markups (overhead and profit amounts or percentages and labor burden) for each change order. The ability to copy change orders keeps you from having to reinvent the wheel.
In a hurry to do a quick estimate? Historical estimating will automatically average costs by account for as many historical jobs as you want and project the budget for a new job. You can add cost increase/inflation factors. Because you are using your actual cost information, projected budgets are accurate. A click of the mouse will automatically set up a new job for you.
End surprises from your subcontractors. Track quotes from subcontractors and payments against these quotes. Subcontract management works with accounts payable. At invoice entry, if the invoice being entered will cause the quote to be exceeded, ISS will notify you. You decide whether or not to cancel the invoice or enter the invoice.
The powerful reporting in job management and the ability to view job management information at any time gives you the ability to control your bottom line. When you use the “View Jobs” feature, line items that are over budget will have you seeing red (line items will be displayed in red). You have the ability to produce AIA (American Institute of Architects) draw request information. A couple of quick clicks will update the draw request and change orders and create an accounts receivable invoice.
Generating Contractor’s Affidavits are required by many financial institutions before they will release construction draws. Having this information tracked and reported by ISS can reduce some of the headaches involved with using other people’s money. Automatically calculate and post general ledger entries for jobs on the percent-complete method of accounting. Entries will automatically be calculated but can be changed by you, allowing you to remain in control. Update job budgets from estimating with a few clicks of the mouse. Job budgets can be updated with cost data produced by the estimating system.
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