If you want to run a construction business that follows all the rules set by the federal and state governments, you need to pay...

Payroll in the construction business is a high-stakes area that needs close attention to detail, a good awareness of compliance...

In the construction industry, properly managing overtime pay is essential for maintaining legal compliance, controlling labor costs, and...

Payroll management in the construction business is more than just giving out paychecks. Legal and regulatory rules must be followed at...

As a construction bookkeeping professional, one of the most misunderstood areas I’ve seen among contractors is managing retainage—and...

In the construction sector, good cost management can mean the difference between operating a lucrative business and merely keeping...

Small construction businesses operate in one of the most dynamic and complex sectors of the economy. With fluctuating material costs,...

Managing payroll in the construction sector is much more than just writing checks. It necessitates adherence to complex rules, careful...

In the construction industry, accurately managing expenses is crucial to maintaining profitability. One key metric that contractors must master is the overhead recovery rate, which helps allocate indirect expenses across projects to ensure proper cost recovery and pricing decisions. In this article, we will explain what the overhead recovery rate is, how to calculate it, and why getting it right is critical for business success. We'll also look at typical contractor question

Progress billing is a vital tool for construction contractors and service providers who manage long-term projects with multiple phases or...

In construction accounting, every figure tells a story. When a contractor sees a negative liability on their balance sheet, it's a signal...

In the construction industry, trust and reliability aren't just built on project performance—they're also measured by your numbers....

Cash flow is very important in the building business. But when jobs take weeks or months, freelancers rarely get paid in full up front or...

In construction accounting, accuracy matters. One of the most misunderstood and often overlooked red flags in contractor books is the...

In today's fast-paced construction industry, it takes more than technical know-how and field supervision to oversee multiple jobs at...

Paying close attention to details, making plans, and following rules that make sure finances are correct are all parts of accounting in...

Mastering Construction Cost Accounting is essential for any construction business aiming to remain competitive and profitable. Effective...

If you’re a construction accountant or contractor attempting to make sense of your company’s finances, one thing should be clear: precise...