top of page
Our Blogs
Search

3 Reasons To Move From QuickBooks To Sage 100 Contractor
Sage 100 Contractor is a better solution that fully supports your construction company as it grew and expanded. 5 keys to convert from Quick
May 19, 20222 min read
160

Should You Outsource Construction Bookkeeping Services?
Bookkeeping is much like going to the dentist - no one really wants to take time out to do it but neglection could lead to repercussions...
May 12, 20223 min read
157

Your Best Guide for Construction Accounting Software in 2023
Are you in the construction industry? If so, you might have seen that keeping track of everything is a big job. There is takeoff,...
May 12, 20227 min read
298


Construction Accounting 101 – Guide for Small Business Owners
Accounting is one of the most important parts of business management and administration. In the construction industry, contractors face...
May 4, 20226 min read
221

Work in Progress Construction - Ways to Keep Projects Profitable and On-Track
In this guide, we discuss what construction work in progress (WIP) is, why work in progress reports are important, how to create WIP...
Apr 15, 20224 min read
197


5 Year-End Tax Strategies for Construction Companies
Working in the construction industry requires meticulous attention to tax details when you have to invest in tax planning throughout the...
Apr 14, 20223 min read
95

4 Tips for Effectively Managing Accounts Receivable in Construction
Managing accounts receivable in your construction business can be tough. The construction industry is notorious for delayed payments and...
Apr 6, 20225 min read
106


Construction Accounting: Cash Vs Accrual Accounting
Cash basis accounting is a method of accounting in which income and expenses are recognized when cash is receivable or expenses
Mar 30, 20223 min read
517

Construction Overhead Costs: Key Difference Between Direct & Indirect
Overhead costs are all costs associated with any construction or renovation project, and they make up generally a substantial portion of...
Mar 24, 20224 min read
4,388

Working Capital Construction and Why It Becomes a Key Benchmark
Working capital gives a span shot of a company’s financial health. In fact, it has become a powerful benchmark to evaluate how...
Mar 22, 20222 min read
155

Construction Indirect Costs: Your Guide to Streamlining Finances
Indirect costs in construction can often be the silent profit killers, creeping in without much fanfare and eating away at the profit...
Mar 18, 20225 min read
728

4 Ways to Improve Construction Accounts Payable Process
As a contractor, we understand you may show no interest in accounts payable, overpaying bills is often the last thing a business owner...
Mar 14, 20224 min read
156

4 Keys to Improve Construction Profit Margin
It's believed that the average profit margin for the construction industry is too low. Those in other industries often joke about why...
Mar 11, 20224 min read
77

Job Costing vs Process Costing: 10 Key Differences
Job costing and process costing are primary accounting methods. As a business owner, understanding each one is important to determine...
Mar 1, 20222 min read
127

Job Cost Tracking in Sage 100 Contractors
In this part, we’ll take you through the importance of job cost tracking and, especially, how to do it properly with Sage 100 Contractor....
Feb 22, 20223 min read
250

The Basics of Contractor Invoice: How to Get Paid Faster
In the construction business, cash flow is as crucial to your success as bricks are to a building project. Effective invoicing can't be...
Feb 18, 20224 min read
198

20 Proven Strategies to Improve Cash Flow in the Construction Industry
One of the most common reasons contractors and subcontractors become insolvent is they run out of cash. In the construction industry, you...
Feb 18, 20224 min read
147


The Difference Between Profit & Loss Account and Balance Sheet
One of the three financial statements that companies provide on a regular basis is a balance sheet. Another is a profit and loss (P&L)...
Oct 21, 20211 min read
100
bottom of page