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How to do Construction Accounting: 5 Easy Steps : EasyBooks Small Business Bookkeeping App Try For Free!

Implement robust cash flow forecasting and management practices to ensure your business remains financially healthy. Regular account reconciliation helps catch errors, prevent fraud, and ensure accurate financial reporting. For long-term projects, consider using the percentage-of-completion method for revenue recognition. Manage your construction bookkeeping effectively Construction companies must factor this in when determining upfront payments or expenses. The length of construction […]