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Optimizing Credit Policy for Contractors' A/R Management
Meet John, a construction business owner who has been in the industry for over a decade. John takes pride in delivering quality projects...
May 4, 20235 min read
41


Is Accounts Receivable an Asset? A Detail Guide for Business Owners
As a construction owner, knowing if accounts receivable are an asset or a liability can make a huge difference. It is the difference...
Apr 28, 20234 min read
28
![How to Get a Client to Pay an Invoice Quickly: 14 Contractor Tips [Infographic]](https://static.wixstatic.com/media/9062d1_64bfe602e33a4f90882b1a1bc33b8609~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/9062d1_64bfe602e33a4f90882b1a1bc33b8609~mv2.webp)
![How to Get a Client to Pay an Invoice Quickly: 14 Contractor Tips [Infographic]](https://static.wixstatic.com/media/9062d1_64bfe602e33a4f90882b1a1bc33b8609~mv2.png/v1/fill/w_306,h_230,fp_0.50_0.50,q_95,enc_avif,quality_auto/9062d1_64bfe602e33a4f90882b1a1bc33b8609~mv2.webp)
How to Get a Client to Pay an Invoice Quickly: 14 Contractor Tips [Infographic]
Despite the pandemic-induced slowdown, the construction industry is bouncing back with a boom! However, for many contractors, the...
Apr 26, 20232 min read
57


Top 8 Tips for Contractors to Improve Accounts Receivable Collections
Good accounts receivable management is one of the best ways to get paid quickly. But sometimes, customers don't pay their bills on time,...
Apr 25, 20234 min read
73


Understand Construction Customers That Don't Pay - How to Deal With It
Are you tired of chasing down payments and dealing with the headache of late or non-payments in your construction business? You are not...
Apr 24, 20235 min read
31


Accounts Receivable on Balance Sheet (Free Sample for Contractors)
Accounts receivable are valued and reported on the balance sheet. But what is a balance sheet anyway?
A balance sheet is a financial stateme
Apr 21, 20234 min read
347


Get Paid Faster & Easier with Accounts Receivable Process Flow Chart
Every construction business owner knows cash flow is the key to profitability. Cash on hand is needed for contractors to keep their...
Apr 20, 20233 min read
102


Mastering WIP Reporting With Percentage of Completion Method
Keeping track of income and expenses for long-term construction projects can be overwhelming. Fortunately, the CFMA has recommended a...
Apr 19, 20233 min read
1,078


How Bookkeeping Pros Can Help You Optimize Your WIP Schedules
Construction projects are famously complex, which makes accurate tracking incredibly difficult. One of the best ways contractors manage...
Apr 18, 20235 min read
45


How Does Construction Change Order Relate to Your WIP Report?
Are you a construction business owner looking to increase profitability and ensure accurate financial management? Then it's time to talk...
Apr 17, 20234 min read
238


What WIP Report Tells You About Your Billing Status
Every construction project has its own problems. Many of the big challenges that construction companies face are managing costs,...
Apr 14, 20233 min read
832
![[Free Sample WIP Report] Take Control of Your Construction Projects](https://static.wixstatic.com/media/9062d1_46242b97da114d8ba926f77f426c17dc~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/9062d1_46242b97da114d8ba926f77f426c17dc~mv2.webp)
![[Free Sample WIP Report] Take Control of Your Construction Projects](https://static.wixstatic.com/media/9062d1_46242b97da114d8ba926f77f426c17dc~mv2.png/v1/fill/w_306,h_230,fp_0.50_0.50,q_95,enc_avif,quality_auto/9062d1_46242b97da114d8ba926f77f426c17dc~mv2.webp)
[Free Sample WIP Report] Take Control of Your Construction Projects
Construction companies operate in a unique financial landscape. They have ongoing projects and costs that change, which can make it hard...
Apr 13, 20234 min read
233


5 WIP Schedule Tips for Accurate Contractor Progress
Have you ever wondered how construction project managers keep track of the progress of their projects? Well, one of the key tools they...
Apr 12, 20234 min read
139
![The Art of Crafting a WIP Report [Infographic]](https://static.wixstatic.com/media/9062d1_3962d77261ea45d08d588af09e209353~mv2.png/v1/fill/w_334,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/9062d1_3962d77261ea45d08d588af09e209353~mv2.webp)
![The Art of Crafting a WIP Report [Infographic]](https://static.wixstatic.com/media/9062d1_3962d77261ea45d08d588af09e209353~mv2.png/v1/fill/w_307,h_230,fp_0.50_0.50,q_95,enc_avif,quality_auto/9062d1_3962d77261ea45d08d588af09e209353~mv2.webp)
The Art of Crafting a WIP Report [Infographic]
Creating an effective WIP report may be challenging. We've prepared this blog to simplify the WIP report's components with an infographic.
Apr 11, 20234 min read
1,137


How Does WIP Reports Work in Construction Accounting?
Are you a construction business owner struggling to manage project costs and stay profitable? Look no further than the Work in Progress...
Apr 10, 20233 min read
315


Sage 100 Contractor Reviews - Pros and Cons
When managing construction projects, having the right software can make all the difference. Sage 100 Contractor is designed specifically...
Apr 6, 20234 min read
1,417


Understanding Construction Cost Codes and General Ledger Accounts in Sage 100 Contractor
When you post an expense to a job, whether, through an AP invoice, payroll, or direct general ledger entry, you will always choose a job and
Mar 30, 20233 min read
2,445
![5 Best Invoicing Software for Contractors and Construction Companies [2024 Updated]](https://static.wixstatic.com/media/9062d1_2c235906a6ef469c8ce1b624388182f5~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/9062d1_2c235906a6ef469c8ce1b624388182f5~mv2.webp)
![5 Best Invoicing Software for Contractors and Construction Companies [2024 Updated]](https://static.wixstatic.com/media/9062d1_2c235906a6ef469c8ce1b624388182f5~mv2.png/v1/fill/w_306,h_230,fp_0.50_0.50,q_95,enc_avif,quality_auto/9062d1_2c235906a6ef469c8ce1b624388182f5~mv2.webp)
5 Best Invoicing Software for Contractors and Construction Companies [2024 Updated]
To help you save time doing research on the best invoicing software for your construction company, we’ve listed the best 4 billing software
Mar 29, 20236 min read
6,961
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