It’s Not About Being Standard Many construction contractors have come to expect very little from their accounting team. Maybe they expect: Bookkeeping. Reconciling bank and credit card accounts. Financial statements at the end of the month. Those things matter, but they are not enough on their own. If a contractor is trying to grow, protect margins, manage cash, and make smart decisions, they need more than basic accounting output. They need an accounting team that actually s

What you’ll find in this article is a schedule of bookkeeping tasks that successful construction contractors use to guide the financial management of their businesses. That doesn’t mean they drag out the spreadsheets and fill in the blanks at the end of the day. It does mean they have a fundamental understanding of what their accounting team is responsible for and what “next steps” must be taken. However, before we delve into the schedule, let’s take a moment to understand th

You know, and so do we that being a construction contractor and keeping up with all-the-things isn’t easy. Sometimes you need to call for...