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Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

Who couldn't use more cash during the holiday season? No matter the season, however, construction companies rely heavily on cash flow to fund their operations. Cash flow depends on so many variables, but there are a few that you can control. Tie bonuses or other incentives to effective cash flow management.

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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. Get in touch.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Data Security in the Cloud » Collaborating on Cash flow. Bad or outdated information is probably one of the biggest reasons cash flow issues occur. Because change is difficult.

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Five Tips To Help Contractors Stop Losing Money On Change Orders

Contractor Bookkeeping

Part of the root cause can be traced to a mild case of "Stockholm Syndrome" where contractors feel their cash flow may be held captive by their customers or clients. In this case the "Hammer" is a change order. This is harsh but true from my experience as a contractor and now as a construction accountant.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control.

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Contractor Stops Money Leaks Using Our Free Change Order Video

Contractor Bookkeeping

Tired of these customers constantly changing stuff on us and creating delays or extra work. Construction Change Order Video. This video shows you step by step the Fast Easy Accounting way to work with your Free Construction Change Order Form. Thank you for your assistance.". The 80 20 Rule.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. This is where accountability comes in to play. STRATEGY |. MANAGEMENT |. SOFTWARE |.