The construction industry is hectic and complex. No two jobs are the same, and few projects progress according to plan. These volatile conditions make it easy to miss something on the financial side of your business. Accounting errors can range from minor missteps to oversights so severe that they become legal issues down the road….
Accounting is a critical aspect of running a successful construction business. If you own a business in this industry, you know that accounting for construction companies is considerably different from the methods used in many other sectors. Each project varies in its scope, size, labor and materials cost, and other factors, so owners and partners…
Construction is a complex and challenging industry with factors like labor and material shortages, local and state regulations, tax issues, and the overall economy impacting your company’s profitability. As the old saying goes, “every penny counts.” Having accurate construction accounting and financial management is vital. However, accounting for construction companies isn’t the same as it…