๐ต Finance & Accounting
Construction accounting is different. Understand the fundamentals to run a profitable company.
In This Sectionโ
Fundamentalsโ
- Construction Accounting 101 โ Fundamentals of construction accounting
- Cash Flow Management โ Survive and thrive with proper cash management
- Job Costing Basics โ Track profitability by project
- Financial Statements โ Understanding your P&L, balance sheet, and cash flow
- Overhead & Markup โ Price your work to make money
- Tax Strategies โ Legal ways to minimize your tax burden
- Equipment & Fixed-Asset Depreciation โ Book vs tax depreciation, MACRS, Section 179, bonus, disposals, and data quality
Advanced / Enterpriseโ
- Financial KPIs Dashboard โ Key performance indicators every contractor should track
- Banking Relationships โ Building and maintaining strong banking relationships
- Joint Venture Accounting โ Financial management for JVs and partnerships
- Revenue Recognition (ASC 606) โ Percentage of completion, variable consideration
- ERP Selection Guide โ Choosing construction accounting software
- Chart of Accounts โ Construction-specific COA setup