Protecting Your Profit with Buildxact

Protecting Your Profit with Buildxact

Tactics for keeping your profit on track as a job progresses

You’ve spent time getting your quote right, and made sure you have enough margin built into the contract… And then the job kicks off… Prices increase, materials are substituted, and you have invoices and payments coming and going… how’s that profit margin looking now? Not sure where to start or begin to track this? Don’t wait until right at the end when the project is finished to see if you are in the black!

Xact Accounting Client Director and specialist building and construction accountant, Daniel Wilkinson and Buildxact Senior Partner Manager, Julian Krishnan Nair teamed up in this webinar to teach you how to use Buildxact to track profit throughout a job.

In this session, you’ll learn:

• Best practice when it comes to connecting Buildxact with your accounting software
• How to manage your performance – and keep the profit you are planning to make!
• Daily/weekly habits for keeping a tight rein on cash coming in and out of a job.
• Tips on how to claw back profit in a job that’s started to go off track.

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