How do I calculate Payroll?
The Time Card can only total up the hours for the employees not the payout amount. But if you integrate Contractor Foreman with QuickBooks that will be done for you as well.
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How do I make a Change Order reflect a negative value?
To make a CO a negative amount simply add a Negative Qty in the QTY Field. This will then calculate a negative value for the CO.
How do I reduce the retainage deduction after having reached a certain contractual milestone for Invoicing?
Create a New Invoice from Invoices. Under Add items to Invoice drop down (middle of page) select Add Retainage (full or partial ) for payment. You will then get a pop up box that will allow you to type in a new retainage amount. Simply type in the ...
How is Labor Calculated
Contractor Foreman makes it easy to add your estimated labor amounts as well as track labor and calculate your costs. Estimated When creating an estimate, add a Labor item to your Estimate (or Schedule of Values) and associate the appropriate cost ...
Create a Retainage Account
Setting up retainage tracking: Create a Retainage account:a. Click theGearicon. b. From the drop-down menu, selectChart of Accounts. c. In theChart of Accounts, clickNew. d. ForCategory Type, selectOther Current Assets. e. ForDetail Type, ...
Adding a New Change Order
Adding a New Change Order In Contractor Foreman, Change Orders are used to document and track any changes that were made to the original contract amount. You have the ability to track who requested and who approved as well as things like contractors ...