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Best Practices for Handling Overtime Pay in Construction
In the construction industry, properly managing overtime pay is essential for maintaining legal compliance, controlling labor costs, and...
May 28, 20255 min read


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...
Apr 22, 20258 min read


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 21, 20255 min read


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 20, 20254 min read


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. A construction company is the core entity...
Mar 18, 20259 min read


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 13, 20253 min read


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 10, 20255 min read


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 6, 20254 min read


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 5, 20254 min read


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 23, 20254 min read


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 22, 20255 min read


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 21, 20253 min read
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