Remove Cash Flow Remove Inventory Remove Management Remove Work in Progress
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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. 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. Well, not exactly.

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

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. 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. Well, not exactly.

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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. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Speed Up Receivables. Use Financing to Provide a Cushion.

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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. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Speed Up Receivables. Use Financing to Provide a Cushion.

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Electrical Contractors Have Unique Bookkeeping Needs

Contractor Bookkeeping

Inventory Tracking - Can be a nightmare and we have a system for it. There is only one method that will help manage cash flow and save money on taxes and we know how to do it and track it for you in QuickBooks. Work In Progress (WIP) Reporting. Business Processes Management. Job Deposit Tracking.

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Plumbing Contractors Have Unique Bookkeeping Needs

Contractor Bookkeeping

Inventory Tracking - Can be a nightmare and we have a system for it. There is only one method that will help manage cash flow and save money on taxes and we know how to do it and track it for you in QuickBooks. Work In Progress (WIP) Reporting. Business Processes Management. Job Deposit Tracking.

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Unique Contractor Bookkeeper Ride Along To Increase Company Profits

Contractor Bookkeeping

The highly profitable contractors earn at least twice as much profit on each dollar of sales than average contractors and they enjoy more free time away from work. Job Material Inventory Costs. Supply Chain Management Costs. Change Order Management. Work-In-Progress (W.I.P.). Percentage Of Completion.