Get a quick video overview of what AIA billing means for contractors and how it works differently from ordinary construction billing.
Cash flow management is a constant challenge for construction businesses of all sizes. Contractors must know how to manage cash flow well to succeed, and a big part of that is identifying mistakes that compromise cash flow as they happen — and then addressing them right away. Here's how.
FOUNDATION offers three standard ways to customize, allocate and track your construction overhead. See how we give you options to distribute shared costs to your projects fairly, whether you're using payroll, job costing or the general ledger.
Click around a sample Form WH-347 below to learn more about the kinds of information a typical certified payroll report requires and how FOUNDATION makes the process of completing it automatic by using data from your processed payrolls.
Explore some of the more common sets of financial ratios and how you can use them to measure the performance of your business within the construction industry.
With the new revenue recognition standards for construction contracts, what exactly happened to the percentage-of-completion method we’ve come to know and love?
Construction businesses don’t usually have a choice about paying costs, but contractors may have the choice whether to treat them as an expense on their financials. It’s called capitalization, and it’s not just for grammarians.
Diving into the facts about one of construction’s most debated sets of laws can help take the doubt out of "Davis" and bring home the bacon for your business.
There’s a new revenue standard in town. Taking effect is Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers, which introduces the new “five-step model.” See what that means for you.
While construction accounting and bookkeeping draws on many basic accounting principles, it has several important and distinct features. Dive in with an overview of the fundamental differences and examples, along with bonus learning resources.