Bookkeeping

With the capital and infrastructure to support a large-scale addition to their operations, these companies benefit from the holistic offering provided by construction ERP systems. Standout features include time-tracking tools and real-time reporting data that integrates with most accounting software. BuilderTREND allows you to send and receive payments online, generate invoices and bids, and even […]

With the capital and infrastructure to support a large-scale addition to their operations, these companies benefit from the holistic offering provided by construction ERP systems. Standout features include time-tracking tools and real-time reporting data that integrates with most accounting software. BuilderTREND allows you to send and receive payments online, generate invoices and bids, and even

Xero – offers integration with more than 1,000 apps to offer customizable accounting solutions to construction businesses. A construction accounting software will have the same features as a general accounting software but then include industry-specific modules for construction. During our review of different construction accounting solutions, we look at how many different features are included.

Using the right payroll software can automate calculations, reducing manual effort and the risk of errors. This also simplifies reporting, providing readily available data for financial statements and analysis. Understanding how vacation pay is managed and its influence on financial statements is key to accurate accounting. For a deeper look, check out this helpful resource

For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. As a prior multiple-location business owner, Eric knows all about time collection, scheduling, and everything in between. From best practices, stories, and business experience, he’ll keep you up to date

Different ratios, such as earnings per share (EPS) or current ratio, are also compared for different accounting periods. While horizontal analysis is primarily used for financial data, it can also be applied to non-financial data to identify trends and patterns. This helps in understanding how efficiently a company is managing its costs relative to its

Different ratios, such as earnings per share (EPS) or current ratio, are also compared for different accounting periods. While horizontal analysis is primarily used for financial data, it can also be applied to non-financial data to identify trends and patterns. This helps in understanding how efficiently a company is managing its costs relative to its

Interpreting the results of horizontal analysis requires a nuanced understanding of both the numbers and the broader context in which they exist. A significant increase in revenue, for instance, might initially seem positive, but it’s essential to examine whether this growth is sustainable. If the revenue spike is due to a one-time event, such as

Freshbooks has advanced tools, including accounting software that gives you 24/7 access to financial data. Outsourcing some or all of your accounting needs to an external third party can represent a major win for business owners. Aside from the cost savings, partnering with an outsourced accounting firm gives businesses access to proven finance professionals with

If you haven’t worked with an outsourcing provider before, you might have some doubts about how well this relationship will work for your business. In years gone by, it’s fair to say that the practice of outsourcing did have some negative connotations. Fraud is a sensitive aspect that should be taken seriously, especially in the