One of the three financial statements that companies provide on a regular basis is a balance sheet. Another is a profit and loss (P&L)...

If you are working in the construction industry, you might be familiar with the term “Job costing”. But how do you describe it in words?...

Over the last year, the Paycheck Protection Program (PPP) has assisted numerous company owners, including general contractors,...

A risk management strategy is required for any project, no matter how large or small.

Financing is a good way to free up working capital. Rather than purchasing construction equipment and vehicles outright

Job costing means income and expenses tracking by a job, and then comparing its actual amount to its estimated amount.

Tax brackets generally change every year, and the brackets for 2020 income taxes (those filed by April 2021) have been released.

The best way to write off an invoice in QuickBooks systems – whether you are using QuickBooks Desktop or QuickBooks Online – is to use...

it is essential for you to write off the uncollectible invoices.

Overbilling can become an issue and may lead to a situation called “job borrow”

It can be said that overbilling plays a positive role for the contractor, especially in the construction industry when delay payments often

Payroll for construction is always a problem that contractors always face. Even if you have other issues to worry about, employee...