Accounting Cash Flow Contractors Insurance 
Levelset
MARCH 21, 2022
Restoration contractors can spend a lot of time waiting for payment. Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees.
Fieldwire
AUGUST 14, 2023
Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. The basics of retainage Retainage, also called retention, is an amount withheld from the contractor until a later date.
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Levelset
APRIL 1, 2022
As a contractor or sub, you can expect to incur many costs during the course of a construction project. Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Theft from construction sites is a serious issue, and it costs contractors a lot of money each year. Eventually.
Construction Business Owner
MARCH 1, 2012
ACCOUNTING |. INSURANCE |. Accounting & Finance. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company.
Construction Business Owner
OCTOBER 26, 2011
ACCOUNTING |. INSURANCE |. Accounting & Finance. 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. Back to Cash Flow. STRATEGY |. MANAGEMENT |. SOFTWARE |.
Viewpoint Construction Technology
JUNE 12, 2013
MCM is a CPA firm with a team of accountants dedicated to construction accounting. For example, if you completely own a piece of equipment, you probably estimate the amount of fuel that it uses on a job, but may not consider including the depreciation, insurance, maintenance, and other costs associated with running it.
Construction Business Owner
AUGUST 18, 2011
ACCOUNTING |. INSURANCE |. Accounting & Finance. Many State and Federal projects require a contractor to be bonded. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. Tags accounting. accounting software.
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