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Material Log |
Use the Material Log to: *
Enter material invoices. NOTE-- In 2000, MacNail was replaced by Goldenseal construction accounting software. Goldenseal is an integrated program that includes general accounting, job costing, payroll and project billing, plus estimating and other features. Goldenseal also tracks material expenses, via Material Purchase transactions (which are similar to the Material Log). Use the Material Log if many of your material payments cover more than one project, or more than one construction category. Unless you subcontract all work and have your subs buy their own materials, you will probably want to use the Material Log. If you use the Material Log, you will continue to enter your actual material payouts in the Checkbook Ledger. The Checkbook Ledger transactions will cover the actual paychecks, while the raw data from the time cards will go into the Material Log. The MacNail construction accounting software will do all job costing from the more
detailed information in the Material Log. Any material transactions in the Checkbook Ledger will
be ignored when posting to the Job Cost
or Profit & Loss
worksheets. |