The labor-to-ledger gap has two halves, and most companies only fix one.
On the labor side, certified payroll deadlines, Davis-Bacon wage determinations, and union reciprocity across locals turn payroll into a compliance exercise every pay period. Miss a WH-347 submission or a fringe offset, and the cost shows up fast.
On the ledger side, job costing needs to happen by phase and cost code, not by guesswork. Billing has to match how the job actually gets paid: milestone, recurring, cost-based, or AIA-style percentage of completion. Most systems handle one or two of those well. Few handle all of them.
The gap opens when these two sides don’t talk to each other. Labor cost sits in one system while the books close in another, and nobody sees true job profitability until the job is already over.
If any of that sounds familiar, this session is built for you.
What You’ll Learn
- The compliance exposure construction companies carry around certified payroll, Davis-Bacon wage determinations, and WH-347 reporting
- What a union reciprocity miss or a fringe offset error actually costs
- How NetSuite handles job costing natively by phase, cost code, and task, and where Plative’s WIP Accounting for Projects closes the gap QuickBooks leaves open
- How milestone, recurring, and cost-based billing work in NetSuite, plus how the AIA Billing Solution handles percentage-of-completion contracts with a Schedule of Values
- How labor cost flows from Miter into NetSuite job costing in near real time, so a PM sees true profitability while the job is still open
Featured Speakers
- Steve Hall | NetSuite & Anthropic Client Partner, Plative
- Sarah Rassenfoss | Partnerships, Miter