Mar 31, 20224 minCONSTRUCTION BOOKKEEPING4 Common Types of Construction Billing - Pros and ConsWhile a fixed price or point-of-sale billing structure is used mostly across diversified industries, this contract method fails to serve...
Mar 29, 20224 minCONSTRUCTION BOOKKEEPINGWhat are Underbillings? 5 Easy Ways to Stop Cash Flow Drain in 2023Underbilling is the opposite of overbilling and occurs when a contractor does not invoice their customer for completed work. Not complete pr
Mar 2, 20223 minCONSTRUCTION BOOKKEEPINGCalculating Cost of Goods Sold for Contractors - Expert GuideAs a contractor, you are working on many projects, whether it is a small task or a big project, it requires months, years, or even...
Dec 13, 20213 minCONSTRUCTION BOOKKEEPINGCash and Accrual Accounting: Which Is Best for Your Small Business?As a small business owner, you may be passionate about all aspects of developing your business, but it may not include accounting. There...
Aug 19, 20204 minACCOUNTINGCommon risks in Construction Project AccountingAfter a cheerful and enthusiastic project planning, many contractors are left wondering what happened to the expected enormous profit and...
Jul 12, 20204 minACCOUNTINGThe Art of Construction Estimating and Its InsightsAn estimate is a document that the contractor gives to a customer, showing how much they would like to charge for services they are going...
Jul 5, 20203 minACCOUNTINGBest Practices for Construction Accounting Accounting and financial management is a challenging task in all industries. TABLE OF CONTENT Cash Basic Job Costing Percentage of...
Apr 21, 20203 minQUICKSBOOKS TIPS5 Must-have QuickBooks Reports for Successful ContractorsBeing a successful contractor is more than just what goes into building an office tower, house or apartment complex. No matter how...
May 16, 20186 minQUICKSBOOKS TIPSEasy Accounting for Construction With Quickbooks OnlineTABLE OF CONTENT Introducing QuickBooks Online The Perfect Fit for Construction Gaining the Upper Hand with QuickBooks Online in...