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Explore more helpful resources

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Construction Collaboration: Navigating the Intersection of Project Management and Accounting

Accounting and project teams work together to move the financial aspects of projects through to completion. Data sharing allows for concurrent review to make this possible. Teams need to share...

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What are Committed Costs in Construction Accounting?

In construction projects, managing finances can be a challenging task — but understanding committed costs can simplify the process. Committed costs refer to expenses that are guaranteed through formal agreements,...

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Understanding Construction Financial Statements

For construction firms, effectively managing financial statements is an important building block for success. These documents play a key role in tracking performance, maintaining financial health and securing future projects....

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Construction Progress Billing: Keeping the Cash Flowing

Rome wasn’t built in a day, and neither are skyscrapers and bridges. Construction projects take time, and because of that, they require significant upfront costs for labor, materials and equipment....

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Calculators

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Templates

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Material Price Tracker

Get the latest U.S. retail prices and view historical trends for common building materials.

Glossary

Explore key terms and phrases used in the industry.