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How Cash Flow Forecasts Help Contractors

Contractor Bookkeeping

Cash flow forecasting is an incredibly valuable tool that helps you anticipate cash flow issues, plan for days when your cash flow is limited, and show the bank that you are prepared. It's a necessary process that you shouldn't ignore.

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Why You Need a Long-Term Construction Software Partner

Viewpoint Construction Technology

Meanwhile, JBKnowledge’s Construction Technology Report noted that workflows like accounting, estimating and project management depend more and more on integrated software. By 2020, technology adoption in construction is expected to reach 70 percent, according to a 2017 report from McKinsey Global Institute.

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Mel Robbins Inspires on Day 2 of Viewpoint Collaborate 2018

Viewpoint Construction Technology

Spectrum Month-End Processing — In this in-depth session, Viewpoint Spectrum® users were shown tips and best practices for bank reconciliations, balancing general ledgers to subledgers, processing dates and closing month periods and much more. Want more Collaborate 2018 highlights? Follow us on Twitter and look for hashtag #VCollab18!

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Job Costing Accounting Vs. Regular Accounting

Contractor Bookkeeping

There is some confusion about the differences between job costing accounting and regular accounting which leads some contractors to believe they can get what they need from any bookkeeper and the cheaper the better. Two Basic Types Of Accounting. #1 Tax Accountants are good people and have a place in the accounting world.

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Contractors Online Accounting With QuickBooks Desktop Version

Contractor Bookkeeping

Online bookkeeping has several advantages: 24/7 Access to your accounting data. You do not own your accounting information which means as long as you are in their good graces you are O.K. 02 Qualified Accounting firm To Act As Liaison. Online Accounting Services Saves You Time And Stress. Automatic backup. per hour!

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. The trouble is that banks often don’t have the capital cushion to foreclose on large properties and take the hit against their lending limit. Zillow has revised its forecast and now predicts a bottom in 2012 at the earliest. Tags accounting. accounting software.

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6 Ways the COVID-19 crisis will reshape the construction industry

Lets Build

For instance, companies that depend on bank checks and physical forms need to find other means to distribute payment. Because of the COVID-19 pandemic, governments had to issue new guidelines on compensation, including new filing deadlines, work-time reductions, and rules on employee leaves, to account for the lockdown.