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Completed Contract Method: A Simple Guide for Contractors
Choosing the right revenue recognition method can significantly impact your construction company’s financial health and tax obligations....
Aug 279 min read
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Top 6 Resources to Help Contractors Improve Job Costing Cash Flow Today
Are job costing and  cash flow  challenges affecting your construction projects? This article covers the top 6 resources to help...
Aug 275 min read
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How to Fill Out a Contractor Invoice: Complete Step-by-Step Guide
In the construction industry, 80% of contractors report experiencing  payment delays , with average payment times ranging from 40-60 days well above the standard Net 30 terms. The primary culprit? Poorly structured contractor invoices that lack essential details, create confusion, and delay the payment process. Learning how to fill out a contractor invoice properly isn’t just about getting paid, it’s about establishing professionalism, maintaining accurate financial records,
Aug 268 min read
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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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