Construction

As construction companies receive funding from the Paycheck Protection Program (PPP), understanding the forgiveness period is proving to be a complex and evolving process.

Cash flow has always been a major concern for contractors. With today’s competitive business landscape it’s more important than ever to establish policies and procedures for collecting timely payments.

Construction Software that powers a contractor’s business has many moving pieces and integrates with almost all facets of the company. Just like a blueprint for a complex job, a detailed go-live plan for new construction software implementation is key for success. 

Understanding common construction accounting mistakes is the first step to take when creating a plan to avoid them. Here are four of the most common accounting pitfalls CPA's see contractors make in the construction industry.

How do you find a construction-focused CPA for your business? Here’s four questions to ask when evaluating a CPA to ensure they’re truly knowledgeable in the nuances of construction accounting.

In construction accounting, managing cash flow and optimizing for maximum job profitability is a daily responsibility. Profit margins can be extremely narrow and contractors need to do everything possible to increase accounting efficiency to continue to grow.