Accounting Setup

Which Logbooks to Use

Before you begin with the MacNail construction accounting software, you'll have to decide exactly how you want to job cost each of the four basic types of expenses: Labor, Materials, Subcontractors, and Miscellaneous Items. You can change your mind later about how to job cost any item, but it is much simpler if you choose a setup in the beginning and stick with it.

For each of the four expense types, you must choose whether to job cost from the Checkbook Ledger, or from a Logbook.

* Job cost from a Checkbook Ledger if each check usually covers just one project and one construction category.
Page 52 Accounting
* Job cost from a Logbook if one check often covers several projects, or several construction categories.
* Use Logbooks for all items if you are using the accrual method of accounting (see page 198).