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AP vs. AR Reconciliation: What It Is and How to Do It Right
When it comes to managing your construction company's finances, AP vs AR reconciliation is one of the most crucial activities you can...
4 days ago5 min read
2


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...
Jan 143 min read
21


5 Common Accounts Receivable Mistakes Contractors Should Avoid
Managing accounts receivable  (AR) effectively is critical for contractors aiming to maintain steady cash flow and avoid financial...
Jan 63 min read
16


Understanding Past Due Invoices: Tips for Contractors to Stay on Track
As a contractor, it can be hard to keep track of bills that are past due . Late payments hurt your cash flow, complicate contractor...
Jan 34 min read
19


Accounts Receivable Turnover Ratio vs. DSO: Key Differences Explained
In the world of bookkeeping and accounting, understanding various financial metrics is crucial for maintaining the financial health of a...
Aug 5, 20244 min read
519


How to Effectively Follow Up on Past Due Invoices in Construction
Managing past due invoices can be a challenging aspect of running a business. Late payments not only affect cash flow but also strain...
Jun 4, 20245 min read
104


How to Handle Accounts Receivable Disputes: A Step-by-Step Guide
Navigating through accounts receivable disputes  requires not just patience and professionalism, but also a strategic approach to ensure...
Mar 8, 20244 min read
241


9 Key Accounts Receivable KPIs to Manage Construction’s Receivables
Managing cash flow is key to your success as a construction business owner. But do you know what's at its heart? It's all about mastering...
Jun 6, 20233 min read
150


Construction Accounting: A Guide to Accounts Receivable Process Steps
The lifeline of your construction business might just be hidden in your accounts receivable (AR). AR is the heartbeat of your cash flow...
May 31, 20234 min read
565


What is a Past Due invoice? Guide for Contractors on How to Handle Late Payments
As a construction business owner, you handle multiple responsibilities every day. However, late customer payments can disrupt your smooth...
May 26, 20234 min read
53


How to Invoice as a Contractor: Practical Tips for Effective Invoicing
Invoicing can be tough for construction business owners. This is because projects are complex and it's hard to track hours and payments....
May 25, 20233 min read
55


Cash Flow Woes? How the Accounts Receivable Aging Report Helps Contractors Get Paid on Time
Any business must managing and operating cash flow , but construction contractors must do so even more. With the often-lagging payment...
May 22, 20235 min read
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