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Transforming Construction Payments: Autodesk's Strategic Move with Payapps Acquisition 

Autodesk Construction Cloud

A strong financial base in construction is as vital for success as a solid physical foundation is for any building project. Paired with razor-thin profit margins, it’s increasingly difficult for construction firms to build and maintain the financial foundation necessary to compete and thrive in the industry.

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How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

These costs arrive in the form of dry rot, cracked foundations, broken plumbing, bad wiring, worn out HVAC and other unpleasant surprises. The home builder bids a residential remodel project using the same square foot costs they have always used in building houses and discovers quickly the true meaning of "Hidden Costs".

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Turbocharging Motown’s Recovery

Buisness Facilities Contributed Content

A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. This summer, a federal judge will decide whether to approve a plan that would allow the city to exit bankruptcy court by mid-October.

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Latest Trend, Bookkeeper Works For Contractor That Goes Bankrupt

Contractor Bookkeeping

No construction company goes bankrupt that had useful accurate Financial Statements and Job Costing Reports that they understood and paid attention to because they would have seen bankruptcy coming well enough ahead of time to avoid it. And Job Costing Bankruptcy Is A Matter Of Time! Is Committed And The Hen Is Only Involved!

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Job Costing Accounting Vs. Regular Accounting

Contractor Bookkeeping

Having QuickBooks Setup the right way for construction is the foundation for having a useful job costing reporting system. If the contractor believes the company is undercharging they may raise bid prices, lose jobs, eventually run out of cash and file bankruptcy. Cheap Bookkeepers Cannot Do Job Costing.

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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

If the home’s foundation or siding was damaged when the deck collapsed, completed operations would pay for the repair. Several months after the deck is complete, it collapses with the owner on it and he or she gets hurt. Completed operations coverage will pay for the homeowner’s medical costs. Plumbing failure.

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Outsourced Holistic Contractors Bookkeeping Services

Contractor Bookkeeping

The foundation outsourced holistic contractors bookkeeping services is regular bookkeeping skills. This is make or break time for your construction company because this is foundation upon which all of your construction company''s financial reports and job costing reports are built.