Managing your cash flow is a very important part of running a successful building business. People who work as contractors often use progress billing  to keep their pay steady. This method divides a bigger project into smaller billing rounds or milestones. This makes it easier for contractors to keep track of their money and makes sure they get paid as work is finished. If you're unfamiliar with progress invoicing, this article will explain what it is, how it works, its cash

Managing relationships with vendors well is important for any building company that wants to improve its accounts payable processes....

Construction surety bonds play a pivotal role in the construction industry, offering financial security and peace of mind to all parties...

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...

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

Managing Accounts Payable (AP) in a construction company is a vital part of maintaining the company’s financial health and ensuring smooth project execution. Accounts payable in construction company refers to the money owed to suppliers, subcontractors, laborers, and other service providers for materials, labor costs, and general business expenses. Proper accounts payable management helps construction firms keep track of their payment records, avoid late payments, and mainta

As a contractor, managing your finances can be a daunting task. QuickBooks, a leading software in bookkeeping and accounting, promises to...