by Shane Dick | Jan 21, 2023 | Construction accounting
Today, we’re checking out our top 3 favorite reports to run in QuickBooks Desktop! These tell you all kind of important information that help you to run your construction company...
by Shane Dick | Nov 2, 2021 | Construction accounting
Calculating backlog is one of the most valuable insights for a construction company. It gives you visibility, overhead coverage and allows for decision making on markup on jobs. Calculating backlog while using the WIP schedule (the WIP schedule is the best tool for...
by Shane Dick | Oct 5, 2021 | Construction accounting
Percentage of completion accounting is the method in which determines the timing of when revenue is recognized. Not to worry – once you understand the concepts of percent complete accounting and its affect on construction earnings, you’ll see how powerful this is for...
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...
