The work in progress job schedule is a critical report to review at year end. The WIP can affect your current year end financial results, via the under and over billings adjustment, and it can help set up the coming year for success. All it takes is a little bit…
Does anyone really get excited about doing a budget? Doing a budget takes time. Doing a budget takes effort. Doing a budget sets limits and boundaries. You are already busy. Life, work doesn’t wait for you to do a budget. Transactions do not stop occurring so that you can sit…
Atlas CFO All Access is our way to help answer the questions every contractor has concerning the financial health of their business and how to manage it. How It All Began Atlas CFO All Access started way back in 2012 as a way to solve a problem involving time and…
Many of you know my Dad is a physician. When I was little and I’d get sick he would tell me the same thing every time: Eat well, sleep well, get a little sun. Sometimes he’d also recite a little poem to me called The Best Six Doctors by Wayne…
Retention…ugh. Retention (or Retainage) is a four letter word for a lot of contractors because it can have such a negative impact on cash flows. Learn why in this video.
I’m a recovering loser….I used to lose everything. Now I only lose some things. For those of you out there that don’t lose things, this post is not for you….unless you want to marvel at how us “losers” live. If you want to learn how I became a productivity hacker…
Check out our latest video on cash management in your construction business. We discuss the key points regarding accounts receivable and the easiest way to make sure it is collectible and current. Get our Top 10 Cash Management Tips here
Accounts receivable is a major part of business. And it’s not a topic that should just be limited to your accounting department; you need to have an understanding of what it is and how it affects the cash management cycle. So, what exactly is accounts receivable? Simply put, it refers…