Construction companies operate in a unique financial landscape. They have ongoing projects and costs that change, which can make it hard...

Have you ever wondered how construction project managers keep track of the progress of their projects? Well, one of the key tools they...

Creating an effective WIP report may be challenging. We've prepared this blog to simplify the WIP report's components with an infographic.

Are you a construction business owner struggling to manage project costs and stay profitable? Look no further than the Work in Progress...

When managing construction projects, having the right software can make all the difference. Sage 100 Contractor is designed specifically...

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

To help you save time doing research on the best invoicing software for your construction company, we’ve listed the best 4 billing software

Double-entry bookkeeping ensures accurate financial statements. Use this advanced accounting approach to tightly control your cash flow

5 signs telling you should have bookkeeping services before your financial numbers get out of control. Do what your business needs, and see

Do you want to establish your own construction business? Help is here! Read on some of the most useful tips to make your company grow!

Accounts receivable have a direct impact on the cash flow of a construction project. The construction firm is likely in financial trouble...

Any business that wants to succeed needs to keep good books. Without accurate bookkeeping, the accountant won't be able to use the...

Accounting can’t be fulfilled without first having proper bookkeeping.

In construction accounting, understanding overbilling and underbilling is essential for contractors. While underbilling may lead to cash flow deficits, overbilling can have significant legal and financial consequences if not managed carefully. Contractors need to balance their billing practices to maintain healthy cash flow, adhere to contractual terms, and avoid unnecessary risk. This article will explain what overbilling is, why contractors use it, and how it can affect yo

Construction bookkeeping is one of the most intricate aspects of running a construction company. Unlike other industries, construction...

If your bonding company rejected your application or your bank denied your line of credit, your working capital turnover ratio might be the culprit. This single metric tells lenders, sureties, and investors whether you're efficiently managing your cash or drowning in it. For construction companies operating on razor-thin margins, understanding and optimizing your working capital turnover isn't just good accounting practice. It's the difference between winning that next big j

You're tracking job costs using QuickBooks or Sage. You're entering expenses and running reports. So why are you still surprised when jobs come in over budget? Here's the uncomfortable truth: Most contractors think they're doing true job costing when they are really just doing bookkeeping recording costs after the fact, not using data to protect margins in real-time. Construction job costing software is not merely about tracking what you spent. It's about understanding precis

For Small to Mid-Sized Construction Contractors in today's volatile industry, aggressively slashing your tax bill isn't just smart business, it's essential for survival and growth. With rising material costs and labor shortages, leveraging every possible construction tax saving  is the key to boosting cash flow and reinvesting in your future. The Urgency is Now: IRS rules are evolving rapidly under new legislation like the OBBBA 2025 . Missing out on these specialized deducti