Serious Consequences of Bad Bookkeeping in Your Small Business
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For small business owners, you have more fires to put out and issues to deal with. Bookkeeping is often seen as one of the most...
- May 20, 2022
- 4 min
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...
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- May 18, 2022
- 4 min
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...
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- May 5, 2022
- 3 min
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?...
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- May 3, 2022
- 3 min
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
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- Apr 14, 2022
- 2 min
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,...
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- Apr 12, 2022
- 7 min
Construction Accounting 101: A Basic Guide
Construction accounting is considered a special combination of bookkeeping and financial management. Construction accounting is designed...
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- Apr 12, 2022
- 3 min
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...
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- Apr 8, 2022
- 3 min
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...
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- Mar 31, 2022
- 4 min
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...
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- Mar 29, 2022
- 4 min
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
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- Mar 28, 2022
- 5 min
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...
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