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Underbilling is the opposite of overbilling and occurs when a contractor does not invoice their customer for completed work. Not complete pr

Incorrect overhead rates create problems because they do not accurately describe the current overhead of a business

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...

Debtor and Creditor are common terms when it comes to bookkeeping. Although these two terms might seem straightforward, it's important to...

Overbilling in construction occurs when a contractor bills for contracted labor and materials before that work is actually completed

Construction companies do not only build structures, they head for building profits also, of course. Although most of them know how to...

Whether you're using jobs or sub-jobs, each one should have its own Estimate

Winning government construction contracts may be a lucrative method for business growth if your construction company is ready.

After a cheerful and enthusiastic project planning, many contractors are left wondering what happened to the expected enormous profit and...