Category Archives : construction accounting

Ask the Expert  /  construction accounting

It is time for Spring Cleaning!  Now is the time of year when we clear out old records, organize the system and start fresh.  This month’s Monthly Mission is about organizing and retaining the right records for the right amount of time in your business. After 20 years of working…

Job costing is the accounting function that tracks revenues and costs by job. Why is this important?  It allows you to analyze actual job performance compared to your estimate. This means you have actual results to better compare job revenue and cost data to help estimate future jobs more accurately….

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.

Check out our recent video on Year-End and Tax Planning for Your Construction Business. Download our free checklist here.

Check out our recent video on Cash Management in Your Construction Business: The Cash Cycle We’ve had enough experience in the construction industry to know that one thing’s for sure: It’s not hard to find yourself in a cash crisis.  Because no matter what time of the year or how…

Cash flow is the lifeblood of the construction industry. But every project is different from start to finish, and contractors face many variables and cash flow challenges. With that said, there are several strategies to improve and increase cash flow throughout the job life cycle. 1. Negotiate upfront for reduced…

Check out our recent video on Why We Do Job Scheduling and the importance to help you see your construction financial health.  Also, learn more about our Construction Accounting Master Course here. If you have any questions, please send us a message.

 Scorecard ratios are one of our favorite things to talk about. Nerdy? Maybe. Important? Definitely! You might be wondering, why should we even bother with scorecards and ratios? It’s extra work for the company and can sometimes be confusing. The reason we like them here at Atlas CFO is…