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
top of page
Our Blog
Blog
Search
Mar 28, 20225 min read
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...
1,498
Mar 23, 20224 min read
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
983
Mar 22, 20222 min read
Overhead Cost - How to Calculate
Along with direct materials and direct labor, overheads are also a very important cost element to determine directly to your business’s...
475
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...
5,606
Feb 18, 20223 min read
Integrating Purchase Orders with Accounting Systems for Enhanced Efficiency
In today's fast-paced business environment, efficiency and accuracy in financial management are not just goals; they are necessities....
59
Feb 11, 20226 min read
Best Accounting Software for Small Business of 2023
Are you finding the best accounting software that fits your business needs? We’ve rounded up the best accounting software that makes it...
239
Feb 9, 20225 min read
What is Progress Billing? How to Implement and Why You Should Use It
Many businesses undertake long-lasting projects with substantial budgets but struggle to find an effective way to invoice customers. Many...
4,409
Jan 21, 20224 min read
Outsourced Bookkeeping Services for Small Business
As a small business owner, you have everything on your plate, from taking care of customer relationships, marketing and sales, finance,...
419
Jan 12, 20224 min read
Bookkeeping Vs Accounting: 5 Key Differences
Under an untrained eye, bookkeeping and accounting may appear to be the same profession. It’s a common misconception regarding the two...
119
Jan 5, 20223 min read
2022 Gift Tax Rate: What It Is, How It Works and Who Has to Pay It
During our lifetime, you always want to give the best things to your beloved ones. And while sending valuable gifts to your spouse,...
236
Jan 5, 20224 min read
IRS Home Office Tax Deduction for Small Business Owners - Help you Reduce Tax Bill
Has the coronavirus led you to start a business or become your own boss this year? If you are a small-business owner and use part of your...
1,061
bottom of page