Construction Marketing
JULY 24, 2020
In the past, the marketing and accounting functions within a company were not frequent collaborators save the annual budgeting or forecasting process. Today, thanks to technology, software and systems, marketing and accounting teamwork is not only possible, but effective. Marketing and Accounting Harmony.
Viewpoint Construction Technology
FEBRUARY 19, 2019
Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Here are three ways to ensure your cash flow forecast gets your project done on time, on brief and on budget. Create Rolling Enterprise Cash Flow Forecasts.
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Viewpoint Construction Technology
FEBRUARY 12, 2019
Here’s a list of key reports that you should be able to pull at any moment from your construction project management software: Basic Accounting Reports. At a bare minimum, you’ll need the following for your accounting function: profit and loss report, balance sheets, trial balance and trading summaries.
Levelset
JULY 25, 2022
Businesses whose assets (like cash, accounts receivable, inventory, or materials) exceed the value of their liabilities (like wages, debts, vendor payments, or overhead costs) have working capital to use to maintain or grow. Working capital measures the difference between a construction company’s current assets and current liabilities.
Viewpoint Construction Technology
SEPTEMBER 23, 2018
In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.
Levelset
AUGUST 4, 2022
Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. This is in contrast to an accrual basis , which is a form of accounting that tracks revenue and expenses when they are incurred, not when they are paid or received. Lucas Gray.
Construction Enquirer
AUGUST 7, 2023
This would supplement around £500m from its debt finance provider Ares Management building a £1bn takeover war chest to fund an acquisition spree. To fund this next stage of growth, Cheshire-based RSK is looking to raise at least £500m from sales of shares in the business. 2018: revenue doubles to £147m; pre-tax loss £9.3m
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