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How to Set Up Progress Invoicing in QuickBooks for Contractors
Progress invoicing is more than simply a feature; it's a game changer for contractors. Whether you're building houses, remodeling...
2 days ago5 min read
4


Top 5 Accounting Software Features Every Construction Business Needs
Accounting in construction is more than just recording money; it is also about understanding how to minimize costs, remain on budget, and...
Mar 215 min read
15


How to Forecast Construction Revenue for Better Business Planning
For construction companies to stay on top of their finances, plan ahead, and make the best use of their resources, they need to be able...
Mar 204 min read
16


Understanding the 3 Key Financial Statements in Construction Accounting
It's important to have a good idea of your finances when running a construction business. It's not enough to just keep track of your...
Mar 185 min read
13


How to Use Financial Statements to Secure Construction Business Loans
Running a construction business requires significant cash flow to cover materials, labor, and equipment costs. However, many contractors...
Mar 133 min read
13


How Overhead Costs Impact Your Construction Budget
Building projects are complicated and have a lot of changing parts. Keeping track of the building budget is one of the hardest things for...
Mar 105 min read
15


Invoice Tracking 101: Tips For Incoming And Outgoing Invoices
As a contractor, keeping track of incoming and outgoing invoices is critical for maintaining good cash flow and making timely payments....
Mar 64 min read
11


Cost of Goods Sold (COGS) in Construction: What It Is & How to Calculate
In the construction sector, Cost of Goods Sold (COGS) is an important factor in determining your company's profitability. As a...
Mar 54 min read
86


Best Practices for Organizing Your Construction Chart of Accounts
As a contractor or business owner in the construction field, you already know how hard it is to keep track of money. With complicated...
Jan 234 min read
228


8 Inventory Management Best Practices for Small Businesses
Effective inventory management can make or break a small business. From tracking stock to minimizing costs, staying on top of inventory...
Jan 225 min read
21


Expense Categories 101: Simplify Your Business Accounting Today
Running a construction business comes with its unique challenges, especially when it comes to managing finances. Are you finding it hard...
Jan 213 min read
33


Construction Expense Tracking: Best Practices for Staying on Budget
Managing money in the construction sector can be like walking a tightrope. Keeping projects on budget is no easy task, given variable...
Jan 153 min read
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