Construction QuickBooks: What is the difference between Expenses and Items tab?
An Expense is a rent, phone bills, website hosting fees, office supplies, accountant fees, trash service, janitorial fees, etc.
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Aug 25, 20204 min read
Construction Finance: Solutions to Better Manage Cash Flow for Construction Businesses
This is part of the series Construction Finance on Construction Cost Accounting website. Part 1: How to Manage Finance for Small Business...
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Aug 23, 20204 min read
7 Common Cash Flow Problems and How to Manage Them
If you're in the construction industry, the importance of efficiently managing cash flow is likely a familiar topic. After all,...
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Aug 18, 20205 min read
What is Cash Flow and Why is Cash Flow Important?
Managing cash flow has never been an easy job. For construction businesses, it’s even worse. It’s crucial that mid-size and small construct
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Aug 16, 20203 min read
Financial Cornerstones: Money Management for Small Construction Firms
Starting a small construction business is not a walk in the park, especially if you're juggling fewer than 20 employees. Like many small...
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![QuickBooks Progress Invoicing for Construction Accounting [Step-by-Step Guides on Latest Version]](https://static.wixstatic.com/media/9062d1_a00b723d59e045a8b0a2d1ec30398d99~mv2.png/v1/fill/w_1022,h_768,fp_0.50_0.50,q_95,enc_auto/9062d1_a00b723d59e045a8b0a2d1ec30398d99~mv2.png)
Jul 26, 20203 min read
QuickBooks Progress Invoicing for Construction Accounting [Step-by-Step Guides on Latest Version]
Let's talk payments. Do you prioritize timely payments? The secret lies in timely invoicing. Especially for those in the Construction...
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Jul 22, 20202 min read
Balance Sheet vs Profit & Loss Account for Construction Accounting
The two important parts of the construction financial statement are the Balance Sheet and Profit & Loss account . Without the...
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Jul 20, 20203 min read
Combine Bill.com and QuickBooks Online To Achieve Account Payable Victory in Construction Accounting
It’s no secret that accounts payable can be one of the biggest pain points in the construction business. Not only is the A/P workflow...
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Jul 19, 20205 min read
Why is An Accurate Estimate Important in Construction Accounting?
In the world of construction accounting, the significance of accurate cost estimates cannot be overstated. As a seasoned business owner,...
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Jul 19, 20201 min read
What is Progress Invoicing?
What is Progress invoicing? Let’s take the scenario at the beginning of the blog. The contractor sent over the estimate and started...
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Jul 12, 20204 min read
What is an Estimate in Construction Accounting?
In the fast-paced world of construction, business owners need to grasp the intricacies of construction accounting, particularly...
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Jul 8, 20202 min read
Negative Liability on Balance Sheet in Construction Accounting
A Balance Sheet gives you a financial snapshot of the construction company as of the specific date. It calculates how much the company...
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Jul 5, 20202 min read
Best Practices for Construction Accounting
Accounting and financial management is a challenging task in all industries. Cash Basic Cash basic accounting is the easiest and simplest...
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Jun 23, 20202 min read
Easy Accounting for Construction with Quickbooks Online
1. Access everything 24/7. In the field or on location Manage job costs Stay on schedule and stick to a budget. Easily track time and...
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Jun 21, 20202 min read
CONSTRUCTION ACCOUNTING - Updated News on Paycheck Protection Program
On June 5, 202, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law. The PPPFA makes a handful of significant...
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Jun 14, 20201 min read
The Integration Between Procore and QuickBooks in Construction
In order to earn a success in Construction industry, we need a broader understanding about effective Construction Accounting and expense...
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Jun 8, 20202 min read
Easy Accounting for Construction with Quickbooks Online
1. Access everything 24/7. In the field or on location Manage job costs Stay on schedule and stick to a budget. Easily track time and...
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Jun 7, 20204 min read
Paycheck Protection Program Loan – Construction Accounting
1. Review the Requirements of PPP Congratulation! You got a PPP loan for your business. Before using, let’s review all the requirements...
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