Platinum Services of Our Construction Accounting Software
Knowing the Difference: ISS vs. Software Data Review
ISS offers Data Review services to our users as part of our Platinum Service. Data Review is an examination of your data by our support specialists to help ensure that you are using the ISS Construction Manager in a way that will maximize its effectiveness. Examples of areas that are addressed in our Data Review program are as follows:
- An examination of your Balance Sheet and Income Statement formats to ensure that they are set up properly and designed to accurately reflect your company's financial position.
- A review of your Chart of Accounts to ensure that all appropriate accounts are included and that the chart is organized to acceptable accounting practices.
- An examination of your General Ledger Trial Balance report that includes such items as:
- Insuring that all money present in work-in-process (WIP) accounts is designated by job.
- Verifying that all accounts have 'normal' balances and flagging any that do not.
- Identifying expense accounts that have job identifiers as these could represent mispostings that should have been posted to work-in-process (WIP) accounts.
- Comparing Accounts Payable and Accounts Receivable general ledger balances to open Accounts Payable and Accounts Receivable invoices to ensure that all payables and receivables are being properly recorded.
- An examination of your Cash Flow of Active Jobs to determine if jobs are being closed in a timely manner.
- An examination of your general Housekeeping practices to determine if data is moved to history in a timely fashion.
