March 13, 2010
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Quick Books and Master Builder Accounting SystemsMinimize

What Is the key to a successful fabrication business?

As a successful fabricator, you probably already know what it takes to provide your customers with quality products and service, while still running a profitable business: control. That means control over costs. Control over estimating. Control over production. Control over employee and subcontractor productivity, and more.

Gain more Control over your business

What’s one way to gain more control over your business and make your business more efficient, productive and profitable at the same time?   Your office is not that different from your production shop:   get the right systems in place to handle your workload and get the information you need to understand and refine your business practices.

If your software is too “small” for your business, you’ll waste time creating workarounds for all kinds of tasks that your business requires.   I f your software systems are too “big,” you will waste a lot of time dealing with unnecessary complexity.   If your software is “just right,” it can do everything from making it easy to enter the right data to generating the right kinds of reports.

Suitable Software Solutions

With so many choices in software, choosing the right programs for your company can be a major undertaking. Many fabricators don’t know where to start. That’s why Suitable has created a breadth of solutions to address the specific needs of fabricators of all sizes and types.

  • Make it easy every step of the way.
  • Offer construction-specific accounting to manage your unique needs.
  • Offer critical business management features.
  • Plus, all products are compatible with third-party solutions that will extend the value and functionality of the core systems.

Create an integrated solution that will save you time and money. For example, you don’t need to enter the same data multiple times. The data you enter for an estimate flows through the systems to help you create the project schedule, order materials, pay bills, cut payroll checks and more.

“Best of the Breed” Accounting Software

Intuit QuickBooksPro – a simple to use, basic accounting system for all types of businesses, Suitable Solutions has integrated other products with QuickBooksPro and has optimized the set-up and operation of it for fabricators.   More small fabricators use QuickBooksPro than any other program.

  • Easy to set-up (with right help to make sure it is set-up for your industry)
  • Easy to use for basic accounting tasks.
    • Manage customer information.
    • Job estimates (budgets)
    • Purchase orders.
    • Payroll
    • Pay bills.
    • Bill customers.
    • Track expenses.
    • Get reports, such as profit and loss.
    • Banking/ Cash management.

The contractor edition has some other features:

  • Set-up and help specifically for contractors.
  • Save a changed estimate as a change order.
  • More job cost and other construction-specific reports.

Sage Master Builder - Master Builder is the next level after the QuickBooks® contractor editions for helping you manage your complex and growing construction business. It features advanced, construction-specific functionality.  

Suitable Solutions works with regional Sage business partners to deliver customized industry-specific Sage Master Builder solutions at standard, off-the-shelf pricing.   A terrific value!

  • Master Builder Accounting - The core software includes accounting (GL, AR, AP and Payroll), which is linked to project management (budgets, proposals, purchase orders, subcontracts, change orders, job costing), and inventory, service and equipment management.
  • Simplifying and automating invoice creation and bill paying.
  • Avoiding overpaying or double-paying bills.
  • Saving time by eliminating accounting errors and financial discrepancies.
  • Generating better cash flow.
  • Eliminating late fees, overcharges, and other penalties.
  • Maintaining budgets by company, by department, and by job.
  • Setting up security by user and function.
  • Distinguish job costs from overhead.
  • Job costs always balance to the general ledger.
  • Strict audit trail.
  • Customizable security.
  • All transactions are tracked.
  • Only authorized employees can access or change financial data.
  • Real time updating. Take advantage of real-time updating, as opposed to batch updating, so the general ledger immediately reflects the latest posted entries.

General Ledger

  • Complete accounting capabilities. Perform all accounting tasks -- from deposits to disbursements to journal transactions.
  • Cash management. Know your cash positions by reconciling bank statements to your bank accounts with only a few mouse clicks.

Billing

Get paid faster with customized, automated billing

  • Take advantage of different billing methods to automate and streamline your billing based on work performed, resulting in quicker invoicing -- and better cash flow.
  • Choose from several construction-specific billing methods – including:
    • progress billing (AIA format)
    • time and materials.
    • Contract.
    • Milestone.
    • Unitary.

to match work performed with the fastest and most appropriate invoice method.

  • Simplified billing information. Eliminate customer confusion by providing previous billing record information for all billing types.
  • Standardize follow-up procedures and communications to collect your money faster.
  • Delinquent client management. Stay on top of delinquent accounts with “quick click” receivables aging reports, automatic finance charges, and overdue reminders.

Payables and Job cost controls

  • The accurate, reliable accounts payable function helps you avoid overpayments, double-payments, and fees.
  • Improved job cost controls. Receive warnings when budgets, subcontracts, or purchase orders have been exceeded.
  • Fewer invoice payment errors. Reduce fraud, mistakes, or supplier errors with automatic invoice entry from purchase orders.
  • Tighter financial controls with built-in warnings and best practices.

Payroll

  • Labor costs are a significant expense.
  • The most profitable contractors manage every aspect of their labor costs, from hours worked to workers’ compensation costs to union reporting.
  • Handles even the most complex construction payroll.
  • Capabilities include:
    • Automatic payroll calculations. Save time and payroll outsourcing costs with automatic payroll calculations; simply by entering the job, cost code, and time worked.
    • Certified payroll. Handle all prevailing wage work by performing and printing certified payroll.
    • Workers’ compensation management. Reduce workers’ comp premiums by tracking hours and dollars of work performed, by task. Master Builder supports all workers’ compensation systems.
  • Manage complex federal, state, union and/or certified payroll and tax issues including split rates and hourly calculations.
  • Union payroll and reports. Reduce time needed to handle union payroll and reports through built-in capabilities.
  • Customized payroll pay periods.
  • Flexibility to set-up payroll weekly, biweekly, or semi-monthly.
  • Employee benefit plan management. Better manage employee benefits by calculating standard 401(k)
  • Inventory - this “add-on” module keeps track of “stock” inventory items and can manage multiple vendors (with different prices) for the same part, Material Safety Data Numbers (MSDN), locations and bin number, reorder quantity, minimum order quantity, package quantity, quantity on hand and unit weight.   You can move inventory from one location to another, from one job to another, apply inventory to a job, re-price inventory, post shrinkage, or create finished goods inventory from materials and labor.

Meet your biggest business challenges

From estimating and production to invoicing and analysis, Suitable software solutions offer a complete management system for fabricators.   We understand your business and what you need from business management software.

 

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