Jul 8, 20202 minACCOUNTS PAYABLENegative Liability on Balance Sheet in Construction AccountingA Balance Sheet gives you a financial snapshot of the construction company as of the specific date. It calculates how much the company...
Jul 5, 20202 minBOOKKEEPING & ACCOUNTINGBest Practices for Construction AccountingAccounting and financial management is a challenging task in all industries. Cash Basic Cash basic accounting is the easiest and simplest...
Jun 23, 20202 minBOOKKEEPING & ACCOUNTINGEasy Accounting for Construction with Quickbooks Online1. Access everything 24/7. In the field or on location Manage job costs Stay on schedule and stick to a budget. Easily track time and...
Apr 8, 20203 minWIPWhat Is Underbill? What Makes Contractor Underbill On Their Projects?In the Percentage of Completion Project Accounting, 2 terms are frequently used: over-billing and under-billing. Underbilling represents...