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DIY Construction Accounting Errors And Ways To Improve Your Practices

Randal DeHart

Many small construction business owners tend to handle their accounting and bookkeeping, especially when they've just started. However, keeping track of the finance side of the business– everything from income to expenses to tax compliance– can be overwhelming.

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PROPERTY & CONSTRUCTION SECTOR CHALLENGES

Menzies

Menzies LLP - A leading chartered accountancy firm. The property and construction sector has experienced real challenges of late. PROFESSIONAL SERVICES The property and construction sector comprises a wide range of professional services including architects, surveyors, planners and estate agents. CLICK HERE.

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Construction Accounting Concepts You Can Benefit From Today

Randal DeHart

As a small business owner, you know that managing your finances is crucial to the success of your business. But with so many accounting principles and practices, it can be challenging to know where to start. This guide will break down the essential accounting principles that every small business owner should know.

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Sage Intacct Construction for General Contractors and Developers 

Withum

Sage Intacct Construction is one of the top construction finance management software providers and is the first and only AICPA-preferred accounting solution for general contractors and developers. Sage Intacct Construction enables proactive management of valuable financial metrics and improves cash flow.

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What Is A Fractional CFO And How Can It Help Your Construction Business?

Randal DeHart

A fractional CFO, or Chief Financial Officer, is a finance professional working part-time, retainer, or contract. Every construction business can benefit from dedicated financial management expertise, but very few small companies have the means to hire someone full-time—particularly in the lean early years.

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Procore + Xero: Building a new platform partnership to help digitalize construction

Xero

Speaking of building, I’m proud to announce our new partnership with Procore , connecting their industry leading construction platform into Xero. . Chances are if you work in the construction industry, have a large client base that does, or are looking to expand your focus into the sector, you know who Procore is.

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Changes to Lease Accounting Rules (ASC 842)

SMBAccountant

New rules are going into effect for lease accounting which may change how small businesses who follow Generally Accepted Accounting Principles (GAAP) think about and reporting leases. The new lease accounting rules seek to make the impact ofleases more transparent within financial statements. Permalink

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