As a crucial part of Columbus Ohio’s thriving business community, we understand your need for streamlined and efficient accounting. With insights from a central dashboard, you will easily comprehend the status of your business, empowering you to make savvy, strategic decisions. Keeping in tune with the pulse of Columbus, we’re committed to helping you navigate the financial landscape with ease. Bench simplifies your small business accounting by combining intuitive software that automates the busywork with real, professional human support. When determining the best method your tax reporting, you must consider your company size and the nature of your contracts.
September 2024: Strategic Financial Planning for the Construction Industry Amid Economic Volatility
An accounting advisor can ensure that your information is thorough and accurate. In order to have the best possible reporting and service, it is important that you work with an accounting firm who knows the ins-and-outs of the construction industry. Yes, our team of implementation specialists and construction leaders can help you transfer data from the old accounting software to FOUNDATION.
Learn More from Our Construction Experts
Get billable job expenses, automate markups and produce professional-looking invoices. Manage resources, avoid conflicts and limit project delays, to help you keep your operations on track. Speed up workflows with multiple construction billing formats so you can get invoices entered and out quickly. Schedule a personal demo of our software to see how we can improve your business’s productivity. In addition to the AWS data centers, Google is investing $1.7 billion to expand three construction bookkeeping data centers also located in New Albany.
Billing, Accounts Receivable, and Revenue Recognition
With the FOUNDATION Job Costing Module, you get Microsoft® SQL Server®-powered reporting, which means stress-free job costing across the date range you need. Join over 35,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench. Our platform allows you to automate data inputs from most major providers to avoid common mistakes. We partner with https://azbigmedia.com/real-estate/commercial-real-estate/construction/how-to-leverage-construction-bookkeeping-to-streamline-financial-control/ merchants like Gusto, Stripe, Shopify, and Square—so your finances are always accurate. Each month, your bookkeeper organizes your business transactions and prepares financial statements. Learn more about Bench, our mission, and the dedicated team behind your financial success.
Here’s why Columbus business owners like you trust Bench with their bookkeeping
And, FOUNDATION accounting software integrates with a range of other software, including those used for estimating and takeoff, safety, project management, time tracking, payroll and human resources. Progress billing is one of the most widely used methods in construction, particularly for long-term projects. It allows contractors to bill clients incrementally based on the percentage of work completed during a specific period. This method is closely tied to the project’s timeline and milestones, providing a steady cash flow throughout the project’s duration. In construction accounting, managing indirect costs is crucial because they can significantly impact the profitability of a project.