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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. Identify the Contract.

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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 Bad or outdated information is probably one of the biggest reasons cash flow issues occur. STRATEGY |. MANAGEMENT |.

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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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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Tags accounting. accounting software. Construction Accounting Software. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. SOFTWARE |.

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. Tags accounting. STRATEGY |.

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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 -->. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. Tags accounting. accounting software.

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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 -->. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Tags accounting. accounting software. Construction Accounting Software.

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