Part I – Allocating G&A Expense in HeavyBid
One subject I always introduce in my HeavyBid training is separating markup and G&A (general and administrative expenses). Every company should know what their total overhead expenses as a percentage of total sales or some other measurable cost like yearly total labor. If you don’t…
Accounting, Best Practices, Uncategorized
Estimate Code – Best Practice
In HeavyBid an estimate code is limited to 12 characters which are more than enough. My opinion is that best practice for an estimate code is a sequential code starting with the year. For example, the code structure would look like this: 20-001, 20-002, 20-003….

