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#304 Understanding your cash flow with Matt Calvano

Modern Craftsman

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Efficient Cost Code Lists and Financial Clarity in Construction

Exploring the importance of organized cost code lists for accurate expense tracking, this chapter sheds light on the challenges of standardizing cost codes in construction projects and the necessity of team-wide comprehension. The discussion emphasizes the balance between detailed codes for audit purposes and streamlined codes for efficient budget management. Furthermore, it delves into the significance of aligning cost code lists with accounting software for seamless integration.

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