by Shane Dick | Sep 29, 2021 | Construction accounting
Underbillings and overbillings are one of the most misunderstood concepts in construction account. Learn more about how these two concepts work and why they are so important to the health of your company in this video....
by Shane Dick | Oct 17, 2020 | Construction accounting
Have you ever wanted a crystal ball? Haven’t we all! We especially wanted/needed a crystal ball when deciding on the financial direction to take our construction company. Even us CPAs needed help making business decisions…. especially job-related, sales-funnel...
by Shane Dick | Sep 15, 2020 | Construction accounting
During the shutdown there was a surge of interest in updating or changing accounting software. We get it: there was just a bit more time to contemplate life and what tech would make it better. However, new software is expensive and not just from the cash side. Many...
by Shane Dick | Jul 21, 2020 | Construction accounting
Getting a “no” answer from a bonding agent or surety is frustrating. And it seems counter-intuitive, because you need the work to make the profit that the surety wants you to have, but…they won’t give you the green light on the work you need to make the profit....
by Shane Dick | May 6, 2020 | Construction accounting
Make Life Easy, Steal this Cash Forecasting Template There’s been a lot of talk about cash forecasting recently. Whether it’s a 13-week look ahead or 8-week cash plan or calculating your “cash burn,” they all mean the same thing: How long will my cash last,...
by Shane Dick | Mar 31, 2020 | Construction accounting
What can you get ready to get done? I’m a sci-fi lover, but I didn’t think I’d be in one. And after just a few days of living in this sci-fi movie, I’m done. That’s it. I’m over it. The brain can only handle one emotion at a time. What emotion have we been running on?...