Construction Accounting: What Is Overbilling?
Updated: Sep 20th, 2022 Overbilling and underbilling appear to be common construction accounting terms. However, not all contractors...
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Hannah Nguyen
- May 12, 2022
- 5 min
Best Construction Accounting Software for 2022
Construction software helps companies automate critical processes such as takeoff, estimating, project management, and accounting, and...
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Hannah Nguyen
- Mar 24, 2022
- 2 min
Construction Overhead Costs: Key Difference Between Direct and Indirect
Overhead costs are all costs associated with any construction or renovation project, and they make up generally a substantial portion of...
136 views0 comments
Hannah Nguyen
- Mar 22, 2022
- 2 min
Working Capital Construction: What Is It and Why It Becomes a Key Benchmark
Working capital gives a span shot of a company’s financial health. In fact, it has become a powerful benchmark to evaluate how...
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Hannah Nguyen
- Mar 18, 2022
- 3 min
Indirect Cost In Construction: What It Is and How to Streamline
Have you ever wondered why profit margins consistently deteriorate at the end of your construction projects? The key problem is whether...
110 views0 comments
Hannah Nguyen
- Mar 14, 2022
- 3 min
4 Ways to Improve Construction Accounts Payable Process
As a contractor, we understand you may show no interest in accounts payable and overpaying bills is often the last thing a business owner...
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Hannah Nguyen
- Mar 11, 2022
- 4 min
4 Keys to Improve Construction Profit Margin
It's believed that the average profit margin for the construction industry is too low. Those in other industries often joke that why most...
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Hannah Nguyen
- Mar 1, 2022
- 2 min
Job Costing vs Process Costing: 10 Key Differences
Job costing and process costing are primary accounting methods. As a business owner, understanding each one is important to determine...
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Hannah Nguyen
- Feb 18, 2022
- 4 min
4 Strategies to Improve Construction Cash Flow
One of the most common reasons contractors and subcontractors become insolvent is they run out of cash. In the construction industry, you...
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Zoe Lu
- Sep 10, 2021
- 7 min
A Complete Guide to Job Costing
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?...
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Zoe Lu
- Jan 7, 2021
- 2 min
How To Write Off An Invoice In Quickbooks?
it is essential for you to write off the uncollectible invoices.
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Zoe Lu
- Oct 21, 2020
- 3 min
How Is Construction Accounting Different?
It can be said that accounting is a necessary part of every business to ensure the financial matters of the company.
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Zoe Lu
- Sep 28, 2020
- 3 min
What are the Four Basic Financial Statements?
Financial statements (financial statements) are a form of documents showing quarterly and annual business results of a company.
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Zoe Lu
- Sep 20, 2020
- 2 min
Is Net Income The Same as Net Profit?
Net Income, also called Net Profit or net earnings, is a concrete concept.
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