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  • HOW TO CREATE CONSTRUCTION INVOICES
    • 25

    HOW TO CREATE CONSTRUCTION INVOICES

    In the construction industry, contracts may be written on a completed contract basis or percentage-of- completion basis. In the case of a completed contract, you issue only one invoice when the job is finished. Percentage-of-completion contracts on the other hand, are used for larger, long-term projects where you invoice a number of times over the

  • Our Top Five Tips for Managing Accounts Receivable in the Construction Industry
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    Our Top Five Tips for Managing Accounts Receivable in the Construction Industry

    Cash flow is difficult to manage in the construction industry because of the irregular flow of projects and the document intensive nature of the payment process. If you want to avoid a cash crunch and borrowing to keep operations running smoothly, you need to stay on top of your accounts receivable. Here are our top

  • How Mechanic’s Liens Affect Cash Flow
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    How Mechanic’s Liens Affect Cash Flow

    If you are a contractor, mechanic’s liens can help you collect your accounts receivable and improve your cash flow. Mechanic’s lien laws, which may vary by state, were enacted to provide protection to you, if you are not paid for material or labor supplied to a job. The process of obtaining a mechanic’s lien is
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