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Jan 244 min read
A Beginner's Guide to the Percentage of Completion Method for Contractors
Managing your construction company's finances might be stressful. Between progress billing, task costing, and revenue recognition, it's...
63

Jan 234 min read
Best Practices for Organizing Your Construction Chart of Accounts
As a contractor or business owner in the construction field, you already know how hard it is to keep track of money. With complicated...
28

Jan 225 min read
8 Inventory Management Best Practices for Small Businesses
Effective inventory management can make or break a small business. From tracking stock to minimizing costs, staying on top of inventory...
5

Jan 223 min read
5 Common Tax Mistakes Construction Companies Should Avoid
Running a construction company is difficult because there are so many moving pieces, from project management to financial planning. Taxes...
3

Jan 213 min read
Expense Categories 101: Simplify Your Business Accounting Today
Running a construction business comes with its unique challenges, especially when it comes to managing finances. Are you finding it hard...
14

Jan 214 min read
Why Cash Flow Analysis Is the Backbone of a Healthy Business
As a construction business owner, you’ve likely faced questions like, “Why does it feel like I’m always running out of cash despite...
10

Jan 203 min read
2025 Tax Deadlines Every Construction Business Owner Needs to Know
Navigating tax season can feel overwhelming, especially for construction business owners juggling projects, payroll, and compliance....
19

Jan 204 min read
7 Tips for Finding a Trusted Bookkeeping Partner for Your Construction Business
Managing money in the construction sector can be difficult. It's no surprise that many contractors struggle to keep their records in...
6

Jan 174 min read
Top 5 Causes of Overbilling in Construction Projects
Overbilling is a common problem in the construction business. It can cause money problems, legal issues, and hurt relationships with...
10

Jan 163 min read
Maximizing Savings with Automated Invoice Processing Solutions
Managing invoicing is an important yet time-consuming aspect of running a construction company. With so many transactions, vendor...
8

Jan 153 min read
Construction Expense Tracking: Best Practices for Staying on Budget
Managing money in the construction sector can be like walking a tightrope. Keeping projects on budget is no easy task, given variable...
14

Jan 154 min read
Top Strategies for Efficient Construction Inventory Control
Efficient construction inventory control is an essential component of successful project management. Materials mismanagement can result...
4

Jan 143 min read
5 Common Mistakes in Accounts Receivable Aging Reports and How to Fix
As a construction business owner, managing cash flow is critical to your success. One of the most overlooked tools in financial...
11

Jan 143 min read
Construction Payroll Demystified: Key Challenges and Solutions
Managing construction payroll can seem like a full-time job on its own. Tracking time, complying with rules, and assuring correct job...
3

Jan 134 min read
The Complete Guide to Sage 100 Contractor: Tools for Construction Success
Running a construction business is no small feat. From managing projects to ensuring accurate accounting, every detail matters. That’s...
29

Jan 134 min read
Top 5 Accounting Software Benefits for Modern Construction Firms
Managing finances in the construction industry is no small feat. With multiple projects, varying costs, and tight deadlines, staying on...
4

Jan 113 min read
How to Prevent Negative Liability on Your Construction Balance Sheet
Negative liability is one of the most misunderstood terms in construction accounting, but it can have serious repercussions on your...
13

Jan 105 min read
Progress Invoicing in Construction: What Is It and How It Works
Managing your cash flow is a very important part of running a successful building business. People who work as contractors often use...
12
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