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Job Allowances: Estimates, Tracking, Reporting & Billing (2110/Level 2)

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This workshop has been thoughtfully prepared and recorded – and you can access it immediately. Upon purchase, you’ll receive immediate access to both the online recording and handouts.

Job Allowances:  When Your Customer’s Choices
Become Your Bookkeeping & Reporting Responsibility

Approximately 44 minutes:

  1. Job Allowances: What are they – and why are they used?
    • Allowances:  empowering the customer to make their own choices
    • Examples of allowances
    • 3 primary reasons that builders utilize allowances
  2. Accounting considerations regarding job allowances
    • Vendor-builder-customer contract arrangements (examples)
    • The sensitive nature of allowances
    • Complexities of allowances create more accounting and reporting work
  3. Special items and jobs for job allowances?
    • Items you’ll need to add
    • Separate job for allowances?
  4. Examples:
    • Creating an Estimate using allowances
    • Converting the Estimate into a Purchase Order
    • Tracking, recognizing, and invoicing for over and under-use of allowances
    • Reporting results


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Covering topics like:
Job-Costing, Construction Accounting, and Profit-Building