How One Contractor Fixed His Accounts Payable Blind Spots
When Mark Wilson, owner of a mid-sized commercial construction firm, found his $4.2 million hospital renovation was hemorrhaging…
How Construction Accounting Differs From Regular Accounting
Construction accounting works differently from regular business accounting. Every project has its own budget, revenue, and expenses, timelines…
Reimbursing an Employee and Deducting from a Subcontract
Your superintendent pays out of pocket for materials a subcontractor needed on short notice. Now you owe your…
Recording a Third-Party Bill Against a Subcontract
A bill lands on your desk from a supplier you never contracted with. It is for materials they…
Why Construction Bookkeeping Matters for Contractors
In construction, the numbers behind a build matter as much as the build itself. Clean books are what…