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Month: February 2022

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New rules aim to standardise carbon accounting Journals RICS

Income recognition is an important part of the construction project cycle and a feature of accrual accounting. Also referred to as “revenue recognition”, it represents the point at which a construction project becomes profitable. This method allows contractors to accurately report their financial position at any

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The Importance of Construction Bookkeeping For Streamlining Business Operations

Programs such as Sage 100 Contractor and ProContractor by Viewpoint The Importance of Construction Bookkeeping For Streamlining Business Operations can help with everything from job costing to managing purchase orders. These programs can also help with tracking expenses by project, which can be especially useful for

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