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Top Strategies for Efficient Construction Inventory Control
Efficient construction inventory control  is an essential component of successful project management. Materials mismanagement can result...
Jan 154 min read
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5 Common Mistakes in Accounts Receivable Aging Reports and How to Fix
As a construction business owner, managing cash flow is critical to your success. One of the most overlooked tools in financial...
Jan 143 min read
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Top 5 Accounting Software Benefits for Modern Construction Firms
Managing finances in the construction industry is no small feat. With multiple projects, varying costs, and tight deadlines, staying on...
Jan 134 min read
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How to Prevent Negative Liability on Your Construction Balance Sheet
Negative liability  is one of the most misunderstood terms in construction accounting, but it can have serious repercussions on your...
Jan 113 min read
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Progress Invoicing in Construction: What Is It and How It Works
Managing your cash flow is a very important part of running a successful building business. People who work as contractors often use...
Jan 105 min read
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Accounts Payable Workflow for Construction Bookkeepers: How to Stay Organized
Construction bookkeeping is more than simply numbers; it is about ensuring that every dollar spent benefits the project's success....
Jan 103 min read
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The Role of Progress Billing in Long-Term Construction Contracts
It can be hard to keep track of money in the building business, especially for long-term projects. If contractors don’t get paid on time...
Jan 87 min read
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Accounts Payable Reconciliation: A Step-by-Step Guide
Contractors and construction firm owners must efficiently manage their accounts payable. Whether you're handling vendor bills, tracking...
Jan 73 min read
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Best Practices for Tracking Cost of Goods Sold in Construction Projects
For construction projects to stay profitable and have good financial management, it's important to keep track of the cost of goods sold...
Dec 315 min read
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Understanding Construction Bond Costs: A Complete Breakdown for Contractors
As a contractor, it can be hard to figure out how much a construction bond costs . Understanding how these costs work is important for...
Dec 30, 20247 min read
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Eliminate Payroll Headaches in Construction with QuickBooks
It's not easy to handle payroll in the construction business. It can be hard to keep track of hours, do taxes, and make sure everyone is...
Dec 26, 20244 min read
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Contractor Bonds vs. Insurance: Key Differences You Need to Know
It can be hard for contractors to figure out what contractor bonds and contractor insurance are and how to use them. Both play crucial...
Dec 20, 20244 min read
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