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, 20224 min read
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 2, 20223 min read
Calculating Cost of Goods Sold for Contractors - Expert Guide
As a contractor, you are working on many projects, whether it is a small task or a big project, it requires months, years, or even...
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Dec 13, 20213 min read
Cash 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...
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Aug 19, 20204 min read
Common risks in Construction Project Accounting
After a cheerful and enthusiastic project planning, many contractors are left wondering what happened to the expected enormous profit and...
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Jul 12, 20204 min read
The Art of Construction Estimating and Its Insights
An estimate is a document that the contractor gives to a customer, showing how much they would like to charge for services they are going...
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Jul 5, 20203 min read
Best Practices for Construction Accounting
Accounting and financial management is a challenging task in all industries. TABLE OF CONTENT Cash Basic Job Costing Percentage of...
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Apr 21, 20203 min read
5 Must-have QuickBooks Reports for Successful Contractors
Being a successful contractor is more than just what goes into building an office tower, house or apartment complex. No matter how...
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May 16, 20186 min read
Easy Accounting for Construction With Quickbooks Online
TABLE OF CONTENT Introducing QuickBooks Online The Perfect Fit for Construction Gaining the Upper Hand with QuickBooks Online in...
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