Foundation Software and YHB Webinar on Managing Contractor Costs

Foundation Software and YHB, a construction-focused CPA firm, are teaming up to host a live webinar on September 9, 2026, aimed at helping contractors better understand and manage their indirect overhead and equipment costs. The webinar, titled "Where Your Margins Really Go: Mastering Indirect Overhead & Equipment Costs With YHB," will take place on Wednesday, September 9, at 1:00 p.m. Eastern Daylight Time (10:00 a.m. Pacific Daylight Time).

According to the release, the event will delve into the complexities of indirect costs and provide practical solutions for contractors. Brian Cancian of Foundation Software will be joined by Dorrie Franzello-Kurtz and Matthew Smith, both CPAs and CCIFPs from YHB, to break down the intricacies of these costs.

Attendees will gain clarity on what constitutes an indirect cost and how to avoid common misconceptions that can lead to misreporting. The webinar will also cover the differences between rented and owned equipment costs and how they impact job costing. Additionally, participants will learn how to set up job costing rules and choose the most appropriate allocation method for their business.

The session will also explore the use of cost pools to inform decisions on whether to sell or replace equipment. Attendees will discover how roll-up logic and annual allocation can affect financial reporting and how to use these tools to improve job profitability. By the end of the webinar, participants will have a clearer understanding of how indirect overhead and equipment costs impact job profitability and will be provided with a framework to allocate these costs more accurately in the future.

The webinar is free and open to all interested parties. To register, visit the provided link. Foundation Software offers a range of services, including job cost accounting, estimating and takeoff, project management, safety management, HR management, mobile field apps, and payroll services, all tailored to help contractors manage the business side of construction.

This event is particularly relevant for contractors who struggle with the complexities of indirect overhead and equipment costs, as these can often be the silent culprits in eroding profitability. By attending the webinar, contractors can gain valuable insights and tools to better control their expenses and enhance their bottom line.