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Fix Overbilling in Construction with WIP Adjustments
Overbilling in construction creates serious financial challenges that threaten your business survival. When you bill 70% on a job that's only 50% complete, you're not just making an accounting error, you're setting up cash shortages, damaging client relationships, and reducing your bonding capacity. Here's what's at stake: Sureties scrutinize overbilling as a red flag for instability. Clients lose trust and may withhold payments. Your cash flow suffers later when you can't b
Dec 22, 20256 min read
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