Category Archives: Bookkeeping

Their job is to manage and monitor the financial aspects of construction projects, from initial budgeting to final cost reporting. They will not only assist you in efficiently managing the financial aspects of construction projects but will also help you stand out among other professionals in the field. In addition, gaining practical knowledge of construction-specific […]

This can improve collaboration and ensure everyone is on the same page, regardless of location. For one, payroll for construction is more complex, and involves much more than agreeing on a flat rate for every project. Projects like government-funded projects require you to pay a prevailing wage, a minimum hourly rate that’s typically higher and […]

Accurate tracking of both types of costs is essential to maintaining budget accuracy and project profitability. Detailed financial records ensure better financial forecasting and help prevent overspending. Bookkeeping for construction firms requires an understanding of these specialized needs, which is the first step toward healthier finances. With the right process, you can save time on […]

It also supports generally accepted accounting principles gaap batch importing, to help a single user create, edit, and send multiple invoices, checks, expenses, or bills. You can also automate key accounting tasks such as setting reminders for invoices, payments, or deposits. You can automatically notify customers when their payments have been received and you can […]

This will allow you to quickly determine your financial health so that you can make intelligent decisions moving forward. Average tire cost per month is $150/month and therefore if 10,000 standard miles are driven that is a cost of $0.015/mileThe total variable cost when including these expense metrics is $1.49. Accountants and bookkeepers can use […]