Executive Summary If you’ve been running the accounts receivable and accounts payable out of a brown paper bag and want to go “legit”, here are the...
Going “Legit”: Lose the Brown Paper Bag
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Bucketing – the Proper Claim Accounting Method
Executive Summary The categorization of costs incurred in a changed condition scenario is critical in dispute resolution. Account for costs by issue...
Cash v. Accrual Accounting – Whatchu Talkin’ About Willis?
Executive Summary There are basic differences between cash and accrual accounting. Here’s a quick review. What is Accounting? Sounds simple,...
What’s a GL Account?
Executive Summary A GL account is separate from a cost code financial and job cost reporting. Here we introduce the basics of GL accounts What’s a...
Two for Today: Taxes and Fuel
Executive Summary: Do two things today to improve your company: (1) check to make sure you are current on your 940 and 941 taxes and (2) make sure...
Why is the Accounting Department Telling Me How to Estimate?
Executive Summary: Estimators know the construction work while the accountants know the financials. These two parties must work in harmony to...