In the intricate world of construction management, cost codes  serve as the guiding compass, meticulously navigating projects through the...

Setting up Sage 100 Contractor for your business is a crucial step to streamline your construction company’s financial and project...

Navigating through Accounts Receivable (AR) disputes requires not just patience and professionalism, but also a strategic approach to...

In the busy construction sector, ensuring a steady cash flow is crucial for the project's vitality. Cash flow management can be...

AI's adoption i n construction financial reporting is a key for staying competitive in the fast-paced and demanding world of construction...

In the contemporary landscape of construction accounting, the growth of Artificial Intelligence (AI)  marks an important turning point in...

Have you ever thought about giving your HVAC business a boost and wondered what's missing? It's the meticulous and sometimes overlooked...

So, you've caught on to the fact that a skilled accountant is key to your construction business, right? With all the twists and turns in...

In the bustling world of construction, underbilling often gets neglected. However, it's a phenomenon with significant implications for...

Many construction business owners have a common question. What access should they give to their bookkeeper? It's about finding the right...

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

Whether you’re steering a bustling construction firm or a dynamic service-based business, a finely tuned Chart of Accounts (COA) is your key to unlocking a clear, confident view of your company’s financial health. At its core, the COA is the bedrock of a seamless bookkeeping and accounting system. It empowers you to meticulously track every financial transaction—revenues, expenses, assets, liabilities, and equity, while effortlessly generating vital reports like income stat