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How AI Affects Accounting Software for Construction
In the contemporary landscape of construction accounting, the growth of Artificial Intelligence (AI) marks an important turning point in...
Jan 18, 20246 min read


HVAC Accounting: Unlocking Growth Through Expert Bookkeeping Services
Have you ever thought about giving your HVAC business a boost and wondered what's missing? It's the meticulous and sometimes overlooked...
Aug 4, 20234 min read


How to Find A Good Accountant for Your Construction Business?
So, you've caught on to the fact that a skilled accountant is key to your construction business, right? With all the twists and turns in...
Jul 27, 20233 min read


The Ins and Outs of Retainage in Construction: Here's Why It Matters
If you are leading a construction business, deciphering the concept of retainage construction could be a complex task. Even if you're...
Jul 19, 20232 min read


Sage 100 Contractor vs QuickBooks - Features & Price Comparison
Construction businesses differ from other businesses in that they must deal with liquidity issues that other businesses do not face. It...
Jul 5, 20236 min read


Are You Spending Too Much? Understanding Construction Overhead Costs
If you own a construction business, you're probably familiar with the term "overhead cost". But what do general overhead costs mean in...
Jul 3, 20234 min read


Understand Cash Flow Statement and Find Your Way Through Construction Finances
Are you wondering how much cash flows in and out of your construction business? The cash flow statement is your essential financial tool...
Jun 14, 20234 min read


Construction Balance Sheet: A How-to Guide for Owners (CFMA template)
Every successful business owner knows how important it is to keep an eye on their business's finances . One indispensable tool for this purpose is the balance sheet. However, if you own a construction company, you might find the term "construction balance sheet" a little intimidating. Let's demystify it! According to industry research, poor financial management is a leading cause of construction business failures, with over 50% of contractors citing cash flow issues as their
Jun 12, 20236 min read


Do Bookkeepers Have Access To Bank Accounts?
If you run a construction business - whether you're a general contractor juggling multiple projects or a subcontractor trying to keep cash flowing between pay apps, you've probably asked yourself: how much access should I actually give my bookkeeper? It's one of the most common questions we hear from construction owners, and for good reason. You need your bookkeeper to do their job efficiently, but you also can't afford to leave your accounts exposed to risk. The short answer
Jun 12, 20235 min read


Accounting for Construction Companies: 11 Mistakes & Solutions
Managing finances in the world of construction cost accounting is a bit like constructing a building. Even minor mistakes might lead to...
Jun 7, 20234 min read


The Construction Glossary: Key Accounting Terms You Need to Know
Understanding construction accounting can seem tough. Don't fret, though; we are here to assist you. We have put together a...
Jun 7, 20233 min read


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
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