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All About Sage 100 Contractor - Why You Need to Switch to It
Sage 100 Contractor software is a construction management and accounting software designed to help construction contractors manage their...
May 20, 20224 min read
1,490


QuickBooks vs. Sage 100 Contractor: Which is The Best For Your Construction Company
It’s becoming confusing to choose the right accounting software for your business when there are an overwhelming number of ERP software...
May 18, 20224 min read
1,677


What Is Inventory Management? - Benefits, Types, and Techniques
In this article, we’ll learn about inventory and the best practices for proper inventory management. Let’s dive in. What is Inventory?...
May 5, 20223 min read
526


3 Types of Accounting: A Guide to Financial, Managerial, and Cost Accounting
Accounting is divided into several sections, but for small business owners, there are three types that are necessary to generate financial i
May 3, 20223 min read
31,084


Construction Revenue Recognition: Completed Contract Vs Percentage of Completion Method
Whatever industry you are in, your business is required to choose an accounting method to report income and expenses. In construction,...
Apr 14, 20222 min read
2,538


Construction Accounting 101: A Basic Guide
Construction accounting is considered a special combination of bookkeeping and financial management. Construction accounting is designed...
Apr 12, 20227 min read
2,521


How to Calculate Cash Flow
Simply put, cash flow is a reflection of how money moves into and out of your business. For small businesses, in particular, cash flow is...
Apr 12, 20223 min read
3,005


Gross Profit vs Net Profit: What’s the Difference?
As a small business owner, you should regularly look at your income statements to determine whether your company is making a healthy...
Apr 8, 20223 min read
328


4 Common Types of Construction Billing - Pros and Cons
While a fixed price or point-of-sale billing structure is used mostly across diversified industries, this contract method fails to serve...
Mar 31, 20224 min read
1,102


What are Underbillings? 5 Easy Ways to Stop Cash Flow Drain in 2023
Underbilling is the opposite of overbilling and occurs when a contractor does not invoice their customer for completed work. Not complete pr
Mar 29, 20224 min read
2,457


Law Firm Billing: Ultimate Guide and Best Practice
Administrative tasks like billing and invoicing can be tedious and time-consuming and you may be stuck if you don’t implement the proper...
Mar 28, 20225 min read
1,638


8 Most Common Construction Accounting Mistakes That Cause Catastrophic
Incorrect overhead rates create problems because they do not accurately describe the current overhead of a business
Mar 23, 20224 min read
1,087
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