Contractor Billings: Management, Strategy, & Effects on the Financial Statements

By Wiss, Posted in Construction

By Jeremy Higginson In the construction world, management is key. It takes a tenured project manager to have a successful and profitable job, so when it comes to the billing department, take a strategic approach. Now some may be asking, “Why does billing matter? Don’t contractors earn revenue regardless of how much they bill?” And that is true - Generally Accepted Accounting Principles (GAAP) state that to be accurate, the best way for a contractor to report earnings is most often the Pe... read more.

This website uses cookies in order to improve user experience. If you click the “Accept” button to the right or continue browsing this website, you will be giving your consent to our use of cookies as described in our Privacy Policy.