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…

QuickBooks Online

How do I use QuickBooks Online as a contractor?

ByconstructBalancesMay 28, 202417 min read

If you’re a contractor looking to streamline your business finances, QuickBooks Online can be a powerful tool to help you…

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…

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…

Load More
Scroll to Top