Month Close Out

  • Job Cost transactions into BuilderTrend according to Budget cost codes and match in Xero.  Enter Overhead transactions straight into Xero

  • Send Payroll Summary report to (need to be defined)….

  • Pay applicable Payroll Taxes (Gusto pays automatically)

  • Pay ALL Credit Accounts

  • Update Overhead Spreadsheet

  • Make sure all project expenses are job costed into the Buildertrend budget and matched in Xero

  • Make sure all overhead transactions are recorded into Xero

  • Make sure Xero reconciliation is completed for all accounts

  • Submit all Pay Apps/Invoices to Clients

  • Pay all open invoices to Subcontractors/Vendors

  • Update Overhead Spreadsheet Report

  • Update Cash Position Spreadsheet Report

  • Pay applicable Payroll Taxes

  • Pay ALL Credit Accounts

  • ….