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Custom home building contracts and billing How Construction Bookkeeping Services Can Streamline Your Projects terms vary for each project, depending on the scope of the project and negotiations between the parties. Because of all the variables, records can be misplaced or not recorded in the books properly. The construction sector is vulnerable to the effects […]

Construction accounting is mainly on a cash basis, completed contracts, and completion rates. All contractors should consider ASC 606 revenue recognition standards with their construction CPA by all contractors. The construction industry is subject to specific tax regulations and reporting requirements. Accurate bookkeeping ensures compliance with these regulations, including recording and reporting income, expenses, and