ConstructionOnline™ announced this week that new options have been made available for Company Users when generating the Estimate v. Actual Report. As part of ConstructionOnline’s robust library of Financial Reports, the Estimate v. Actual Report offers a professional, print-ready compilation that shows variance between total estimated costs and actual costs to streamline profit tracking for construction companies.
The Estimate v. Actual Report references detailed data entered in ConstructionOnline’s Project Financials, compiling Base Cost, Adjusted Cost, Actual Cost, and Remaining dollar amounts into an easy-to-read table view. The most recent update to the report introduces an additional section to the Estimate v. Actual Report that details “Selection Allowances” with specific columns for Allowance, Accepted Total, Actual Cost, and Remaining dollar amounts. As the inclusion of Selections Allowances is optional, ConstructionOnline Company Users can select/deselect this option when generating any Estimate v. Actual Report.
ConstructionOnline’s is well-known for providing an impressive library of customizable Financial Reports, with many reports available regarding Client Selections including, the Selections Book, the All Selections Report, the Pending Selections Report, the Selections Overview, the Approved Choices Overview, and the Selections by Location Report, ensuring that ConstructionOnline™ Company Users are able to generate professional documentation to meet a variety of client needs throughout the course of any active construction job.
To learn more about Company Reporting and Client Selections in ConstructionOnline, contact a ConstructionOnline Product Specialist at 1-800-700-8321.