Percentage of Completion Revenue Recognition for Contractors Imagine your construction company is 50% complete on a 14-month commercial build. Your crews are working hard, materials are arriving, subcontractors are submitting invoices, but are you actually earning money yet? The answer depends on how your company handles revenue recognition. If
Read MoreHow to Recognize You’ve Outgrown QuickBooks for your Construction Company
6 Signs You Need Construction-Specific Software When you start a construction business, it makes a lot of sense to use QuickBooks as your accounting software. It’s affordable, easy to set up, and it helps you keep track of the numbers for your growing business. QuickBooks will track income
Read MoreGuide to Compliance on Prevailing Wage Construction Projects
How to Avoid Costly Prevailing Wage Mistakes If you are a contractor who wants to bid on federal or state-funded construction projects, you need to understand prevailing wage construction requirements. It’s essential for your business’s success and compliance. Learning about these regulations and managing the tracking and reporting required can be
Read MoreConstruction Technology Overview 2026
Construction Technology for Small & Medium Contractors Construction companies are always looking for ways to stay profitable and viable in a changing economy. Rising material costs and economic uncertainty make it crucial to stay profitable. One way to do this is by using new construction
Read MoreAIA-Style Billing Challenges & How To Overcome Them
What is AIA-style billing? AIA-style billing is a system developed by the American Institute of Architects (AIA). AIA-style billing is a process for submitting payment applications for progress billing on construction projects. The system was created to make the process more organized and easier to
Read MoreNavigating Construction Payroll: A Guide for Contractors
Introduction to Construction Payroll Construction payroll has many complexities. Payroll for construction must provide solutions for complex and overlapping labor laws, union wages and benefits, numerous reporting requirements, and tax regimes for Federal, State, and Municipal tax regulations. Many contractors outsource payroll services. However, reliable
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