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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

When you own a small contracting company, like a residential remodeler, plumber, electrician, concrete contractor, flooring contractor or any other construction related company it is imperative that you have a good clean set of books that are consistent and updated regularly. See more at: [link].

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A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

This includes tracking revenue, job costing, payroll, and managing several contracts and project risks simultaneously. Unique Project- and Contract-Based Milestones. Another consideration for construction accounting is long-term contracts. ” FASB has adopted a principle-based revenue recognition approach.