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The Right Accounting Software Can Increase Your Profits

Contractor Bookkeeping

Most construction business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses, and view real-time financial reports to manage cash flow and make better business decisions. What three reports do you need for your construction business? #1

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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor. Retention receivable and payable is different from accounts receivable and payable. View profile.

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Why You Need a Long-Term Construction Software Partner

Viewpoint Construction Technology

In case you haven’t heard, construction software use is on the rise. Meanwhile, JBKnowledge’s Construction Technology Report noted that workflows like accounting, estimating and project management depend more and more on integrated software. Choosing a Dependable Software Provider for the Long Haul.

Software 157
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Security in Your Construction Software

Viewpoint Construction Technology

Always a priority of any IT platform, security and data privacy is just as important in the construction industry as they are in banking. While financial information may not be as in-depth, our industry works on billion-dollar projects, with large amounts of money and account numbers changing hands on any given day. Security solutions.

Security 157
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What Happened at the 2017 CFMA Conference?

Construction Business Owner

The Construction Financial Management Association (CFMA) is dedicated to serving the educational needs of construction financial professionals.

CFMA 127
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QuickBooks Is Not A Professional Construction Accounting Software

Contractor Bookkeeping

QuickBooks was built upon the foundation of very simplistic single-entry bookkeeping software called “Quicken” built on DOS. Intuit responded to market demand and released “QuickBooks” which is double entry bookkeeping software for business. If you Google “Construction Accounting Software” the results are over 20,000,000.

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What Is Xero Accounting Software And Why Are We Offering It?

Contractor Bookkeeping

What Is Xero Accounting Software? Xero Is An Established Leader In Accounting Software having been around since July 2006 and has quickly grown to over 200,000 users. And they have made obsolete some of the less useful online software which was built as a lite version of their desktop counterparts like QuickBooks Online.