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AIA Contract Documents and How They Impact Your Project Accounting
American Institute of Architects (AIA) contract documents are an industry standard for construction contracts, payment applications,...
Aug 107 min read
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Job Costing 101 for Contractors: What You Need to Know
For contractors, understanding the financial health of each project is crucial to maintaining profitability and ensuring long-term...
Jul 276 min read
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Stop Losing Receipts: Recordkeeping Tips for Contractors
For contractors, managing receipts may seem like a mundane task, but it’s a critical part of running a successful construction business....
Jul 226 min read
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What Happens When You Don’t Track Job Site Expenses
In the construction industry, managing expenses on a job site is critical to the success and profitability of any project. Yet, many...
Jul 217 min read
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How Late Payments Can Wreck Your Construction Business
Late payments may seem like an unavoidable annoyance, yet in construction, they regularly become existential threats. Accounts receivable...
Jul 146 min read
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How to Bill for Change Orders Without the Hassle
In the construction industry, change orders are an inevitable part of the process. Whether they arise from unforeseen circumstances,...
Jul 77 min read
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Using Bookkeeping to Monitor Job Site Resources
Bookkeeping is often viewed as a mundane task, but in the construction industry, it serves as a vital tool for monitoring job site...
Jun 276 min read
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Revenue Forecasting in Construction: Tools and Strategies for Contractors
As a construction contractor, you face uncertain project timelines, fluctuating material costs, and unpredictable weather—all of which...
Jun 125 min read
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How to Align Billing Methods With Your Construction Contracts
Choosing the right construction billing methods can make or break your cash flow. It’s not just about how you prefer to bill—it’s about...
Jun 65 min read
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Avoiding Errors in Double Entry Accounting: A Contractor’s Checklist
Accurate financial records are not a luxury in construction—they are a necessity. Between managing subcontractors, dealing with change...
Jun 44 min read
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How to Set Up a Double Entry Accounting System for Your Business
Keeping proper financial records is very important for running a construction firm because it helps you understand how much money you're...
Jun 34 min read
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Understanding the Debit and Credit Rules in Double Entry Accounting
Accurate bookkeeping is very important for running a successful business, especially in the construction industry, where many things need...
Jun 24 min read
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