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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

How Just-in-Time Land Deals Help Manage Cash Flow. But when it comes to land inventory strategies, most builders seem reluctant to rely on a “just-in-time” model to acquire land as needed for immediate construction. Fri, 06/12/2020 - 05:00. Justin Onorato. . Just-in-time business models have proven highly effective for U.S.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement, and more. Let’s take a look: Free Download: 6 Forecasting Best Practices All Construction Teams Need to Know Click Here.

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement , and more. Embrace Automation. We’ve talked about this on, well, too many occasions to count. Speed Up Receivables.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account. From an accounting perspective, WIP represents an asset on the balance sheet.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account. From an accounting perspective, WIP represents an asset on the balance sheet. Click To Tweet.

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

Our In-depth Analysis Of QuickBooks Revealed These Critical Issues: The Chart of Accounts Was one of the worst QuickBooks Setup we have seen in the past ten years. It was obvious to us QuickBooks Setup was done by someone with very little if any experience in accounting let alone construction accounting. Click Here For More.