Job Costing in Construction, Part 2: Revenues & Income Statements with Plus & Minus Part 1 | Part 2 TL;DR: Record revenues in GL accounts beginning with 4, reusing the same subaccount schema (client → project → phase → sub-phase). [...]
Job Costing in Construction: Tracking Costs & Profit with Plus & Minus The objective of Job Costing is to prepare for the onslaught of questions that will eventually show up during and after a big project. If your company [...]
What exactly does “scalability” mean? Scalability is a fancy term that indicates how fast you can adjust to an increase in business. If you are a manufacturing business, the question is how fast [...]
Accounting software you should avoid at all costs! Any kind with the word MODULE in it. That means you must exclude every other accounting software company except Plus & Minus. What is MODULAR-based software? It’s software that is not [...]
Plus & Minus Software, a family-owned accounting software company, has been selected as an honoree for the inaugural Houston Business Journal's Family-Owned Business Awards in the Small Company (0-49 employees) category. The company was recognized for demonstrating financial success, a [...]
Plus & Minus Accounting Software uses no modules. Instead, all accounting functions use our innovative and simple 1 file / 1 format single storage system. So what exactly are the disadvantages of using modules in accounting software? While modules in [...]
Generative AI or ChatGPT (Generative Pre-trained Transformer) is causing a stir in software companies with its ability to quickly generate computer code in applications. Plus & Minus, with its one-file, one format design makes it easy to use ChatGPT. How [...]
No Modular Mayhem!!! While watching a YouTube video about the trials and tribulations of an accounting software conversion, I was stunned by the use, and perhaps overuse, of the term "module." The conversation went something like this, and I [...]
Accounting involves some complex concepts, but it's not necessarily driven by them. At its core, accounting is the process of identifying, recording, classifying, and summarizing financial transactions to provide useful information for decision-making. Some of the concepts that are [...]
We have a new customer, courtesy of one of our competitors. This customer paid a competitor $45,000 for a ONE-company, four-user system. And, to add insult to injury, the customer paid $30,000 for “Implementation Consultants” over a 3 month [...]
