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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- Sep 28, 2020
- 3 min
What Are The Four Basic Financial Statements?
Financial statements (financial statements) are a form of documents showing quarterly and annual business results of a company.
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- Sep 20, 2020
- 2 min
Is Net Income The Same as Net Profit?
Net Income, also called Net Profit or net earnings, is a concrete concept.
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- Sep 15, 2020
- 2 min
Accounting: What Does CPA Stand For?
Public accounting is the term used to refer to a field of expertise in which activities related to the accounting profession
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- Sep 10, 2020
- 3 min
What is Construction CPA? How to Evaluate Construction CPA Firms
A construction-specific CPA is a construction accountant specializing in the construction industry.
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- Sep 8, 2020
- 2 min
Construction Accounting: Accountants' Guidebook for Construction
For construction businesses, it's even a huge difficulty. Therefore, we will suggest books related to construction accounting to help you.
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- Sep 6, 2020
- 3 min
Construction QuickBooks: What is the difference between Expenses and Items tab?
An Expense is a rent, phone bills, website hosting fees, office supplies, accountant fees, trash service, janitorial fees, etc.
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- Aug 25, 2020
- 4 min
Construction Finance: Solutions to Better Manage Cash Flow for Construction Businesses
This is part of the series Construction Finance on Construction Cost Accounting website. Part 1: How to Manage Finance for Small Business...
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- Aug 23, 2020
- 4 min
7 Common Cash Flow Problems and How to Manage Them
If you're in the construction industry, the importance of efficiently managing cash flow is likely a familiar topic. After all,...
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- Aug 18, 2020
- 5 min
What is Cash Flow and Why is Cash Flow Important?
Managing cash flow has never been an easy job. For construction businesses, it’s even worse. It’s crucial that mid-size and small construct
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- Aug 16, 2020
- 3 min
Financial Cornerstones: Money Management for Small Construction Firms
Starting a small construction business is not a walk in the park, especially if you're juggling fewer than 20 employees. Like many small...
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- Jul 26, 2020
- 3 min
QuickBooks Progress Invoicing for Construction Accounting [Step-by-Step Guides on Latest Version]
Let's talk payments. Do you prioritize timely payments? The secret lies in timely invoicing. Especially for those in the Construction...
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- Jul 22, 2020
- 2 min
Balance Sheet vs Profit & Loss Account for Construction Accounting
The two important parts of the construction financial statement are the Balance Sheet and Profit & Loss account . Without the...
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- Jul 20, 2020
- 3 min
Combine Bill.com and QuickBooks Online To Achieve Account Payable Victory in Construction Accounting
It’s no secret that accounts payable can be one of the biggest pain points in the construction business. Not only is the A/P workflow...
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- Jul 19, 2020
- 5 min
Why is An Accurate Estimate Important in Construction Accounting?
In the world of construction accounting, the significance of accurate cost estimates cannot be overstated. As a seasoned business owner,...
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- Jul 19, 2020
- 1 min
What is Progress invoicing?
What is Progress invoicing? Let’s take the scenario at the beginning of the blog. The contractor sent over the estimate and started...
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