Are you running a construction business but feeling like the financial and accounting portion of it is a little overwhelming? Accounting for the different moving pieces of contracts and projects can be daunting....

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Retainage is a common practice in the construction industry where a percentage of the contract amount is withheld until the project is completed. This approach protects clients but can negatively affect cash flow for...

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This helps you identify potential issues or delays early on and adjust your plans accordingly before they become bigger problems that could impact the project’s outcome. Contractors must track and report compliance with employment...

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Construction companies have unique accounting needs that require specialized bookkeeping practices. This section will cover the fundamentals of bookkeeping for construction companies, including accounting methods, chart of accounts, and job costing essentials. Construction accounting...

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