Construction Accounting: What Is Overbilling?
Updated: Sep 20th, 2022 Overbilling and underbilling appear to be common construction accounting terms. However, not all contractors...
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- Feb 18, 2022
- 3 min
The Basics of Contractor Invoice: How to Get Paid Faster
Cash flow is so important to contractor success that construction companies cannot afford to sleep on invoicing. In order to keep healthy...
68
- Oct 21, 2021
- 1 min
The difference between profit and loss account and balance sheet
One of the three financial statements that companies provide on a regular basis is a balance sheet. Another is a profit and loss (P&L)...
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- Sep 10, 2021
- 7 min
A Complete Guide to Job Costing
If you are working in the construction industry, you might be familiar with the term “Job costing”. But how do you describe it in words?...
132
- May 26, 2021
- 3 min
What Are Loan Options For Construction Owners If PPP Funding Runs Out?
Over the last year, the Paycheck Protection Program (PPP) has assisted numerous company owners, including general contractors,...
17
- Apr 27, 2021
- 2 min
Eight Different Ways To Keep Contractors’ Cash Flow In Good Shape
Financing is a good way to free up working capital. Rather than purchasing construction equipment and vehicles outright
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- Dec 30, 2020
- 2 min
How Could Overbilling Become A Risk?
Overbilling can become an issue and may lead to a situation called “job borrow”
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- Nov 11, 2020
- 3 min
Find Out 3 Solution For Saving Construction Payroll
Payroll for construction is always a problem that contractors always face. Even if you have other issues to worry about, employee...
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- Nov 3, 2020
- 3 min
Top 5 Common Construction Accounting Problems
Construction projects always require a large number of funding sources, including costs related to office space, equipment, materials
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- Oct 22, 2020
- 2 min
QuickBooks Contractor Reports: 3 Essential Construction QuickBooks Reports
This is the most used and helpful report for contractors. By showing both estimate and actual cost and estimate and actual revenue, this rep
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- Oct 21, 2020
- 3 min
How Is Construction Accounting Different?
It can be said that accounting is a necessary part of every business to ensure the financial matters of the company.
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- Oct 6, 2020
- 2 min
What Is The Difference Between A Debtor Vs A Creditor?
Creditors can be used to describe a person who gives a loan to any other person and in return
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