Additionally, a tax professional can help construction companies stay up-to-date with changing tax laws and regulations. Once you’ve made your choice, foster a collaborative working relation... اقرأ المزيد
To help you better identify what kind of accounting software will help you simplify your How Construction Bookkeeping Services Can Streamline Your Projects financial efforts and streamline y... اقرأ المزيد
There are four revenue recognition methods, but for the sake of this guide, we’re going to focus on the percentage of completion method (POC), which is what most contractors end up using. Wi... اقرأ المزيد
QuickBooks Online users say the app is impressive, but needs major improvement in both core functions and customer support. QuickBooks Online manages bills and invoices by connecting busines... اقرأ المزيد
In these cases, there’s a risk that you won’t collect the full payment, so it’s wise to wait until you actually receive the payment to recognize it as income. You can use this method of reve... اقرأ المزيد
250+ small-business products reviewed and rated by our team of experts. Our partners cannot pay us to guarantee favorable reviews of their products or services. Whether you’re an owner of a... اقرأ المزيد
Bringing multiple projects to completion is daunting without implementing efficient management practices and keeping financial reports in order. In this guide, we will explore the meaning of... اقرأ المزيد
Now that we have your foundations in place, we can provide you with information rich data and reports. If you want to increase your profits and cash flow, we need to first set your foundatio... اقرأ المزيد
Analyzing a company’s cash flow is crucial when evaluating its liquidity. A company may have a high current ratio but struggle to meet its short-term obligations if it has negative cash flow... اقرأ المزيد
On the other hand, a current ratio greater than one can also be a sign that the company has too much unsold inventory or cash on hand. The current ratio is a very common financial ratio to m... اقرأ المزيد