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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…

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…

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…

Construction Requirements

What do you need for a construction project?

ByconstructBalancesMay 28, 202424 min read

Undertaking a construction project is a significant undertaking that requires careful planning and execution. To ensure a successful build, specific…

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