Category: Bookkeeping
-
Best Construction Accounting Software 2024
There are several industry-specific settings to set up progress reporting for receivables and billables. You can customize how your invoices look like and how you break down the costs. You’ll have real-time project profitability records at the portfolio and single job level. Working capital turnover measures how much revenue each dollar of working capital is…
-
Construction accounting for busy contractors
Most businesses simply record the cost of the products sold, but construction companies are quite different. Each job incurs direct and indirect costs that may fall into a wide range of categories. It’s essential that contractors have an effective method for keeping track of income and expenses, and for reconciling every transaction. An accountant in…