What is the difference between construction accounting and financial accounting?

What is the difference between construction accounting and financial accounting?

ByconstructBalancesMay 28, 202425 min read

Accounting is a vital component of financial management in the United States, and it’s crucial to understand the differences between…

recommended accounting method for a construction business

Which method of accounting is recommended for a construction business?

ByconstructBalancesMay 28, 202419 min read

As a construction business owner, understanding the most suitable accounting method for your specific needs is crucial. Choosing the right…

COGS Construction

What is included in COGS for a construction company?

ByconstructBalancesMay 28, 202422 min read

COGS for a construction company includes all the direct and indirect costs associated with completing a construction project. These costs…

Financial Tools

What Are the Top-Rated Financial Management Tools for Contractors?

ByconstructBalancesMay 28, 202417 min read

As a contractor, managing your finances can be challenging, especially with project deadlines and other business operations to take care…

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