Construction Bookkeeping

How do you do bookkeeping for a construction company?

ByconstructBalancesMay 28, 202422 min read

Construction bookkeeping has its unique challenges due to the nature of the industry. As a construction company, you need to…

Construction Industry image

Should a Construction Company Be Cash or Accrual?

ByconstructBalancesMay 28, 202424 min read

Choosing the appropriate accounting basis is crucial for the financial performance and decision-making of construction companies. Cash and accrual basis…

Accounting Methods in Construction Industry

What are the two accounting methods utilized most frequently in the construction industry?

ByconstructBalancesMay 28, 202418 min read

In the construction industry, one of the most essential aspects of managing a business effectively is maintaining a robust accounting…

Net Profit Construction

What is a Good Net Profit for a Construction Company?

ByconstructBalancesMay 28, 202423 min read

In the construction industry, the net profit is one of the critical metrics for evaluating a company’s financial health. Net…

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