RedHammer Blog

QuickBooks

The Ultimate Guide to QuickBooks Online for Construction Accounting

Unlock the full potential of QuickBooks Online for your construction business. From setting up your chart of accounts to leveraging advanced job costing and progress invoicing, this guide provides actionable tips to streamline financial management, improve profitability, and enhance project tracking.

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Outsourced Construction Accounting

Creating Effective Construction Cost Codes: A Strategic Approach for Business Success

This article explores the importance of construction cost codes for tracking expenses, improving project management, and enhancing profitability. It covers strategic approaches to creating, structuring, and implementing cost codes tailored to your business needs.

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Outsourced Construction Accounting

You Don’t Need a CFO, You Need a Controller: A Common Misconception Among Construction Business Owners

Confused about hiring a CFO or controller for your construction business? This article explains the key differences, helping you decide which role fits your needs. Learn when to hire each, and explore flexible options like fractional CFO or outsourced controller services to manage your finances effectively.

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Outsourced Construction Accounting

What to Look for When Hiring a New Construction Accountant

Hiring the right construction accountant is crucial for your company’s financial success. Look for industry-specific experience, job costing expertise, and familiarity with construction software. Consider outsourcing for cost savings and access to specialized knowledge.

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Outsourced Construction Accounting

Construction Accounting 101: A Complete Guide

This is RedHammer's guide to Construction Accounting 101. It covers essential topics like job costing, billing methods, compliance, and software integration, helping you navigate the unique challenges of construction finance to ensure profitability, compliance, and financial stability in your projects.

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QuickBooks

QuickBooks Online Accounts Payable Best Practices for Construction Companies

Discover accounts payable best practices for construction companies using QuickBooks Online. Learn how to implement systematic bill entry, approval workflows, manage retention, take advantage of early payment discounts, and more to optimize cash flow and vendor relationships.

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QuickBooks

Master Retention in QuickBooks Online - A Contractor’s Guide

This guide helps contractors manage construction accounting retention in QuickBooks Online, covering AR and AP retention, work-in-progress, and setting up retention accounts. Learn best practices to maintain accurate financial records and improve cash flow management.

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Outsourced Construction Accounting

Construction Accounting Services and How They Benefit Construction Companies

Learn how construction accounting services benefit construction companies by improving financial management, job costing, and cash flow. This blog explores key services like bookkeeping, payroll, and financial reporting, helping companies optimize their operations and profitability.

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System Implementations

Choosing Between Cloud and Hosted Construction Financial Software: Key Differences and What You Need to Know

Learn the differences between true cloud and hosted construction financial software. Explore how scalability, cost-efficiency, and integration impact your business. Discover why true cloud platforms offer superior flexibility and security for growing construction companies.

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System Implementations

Maximizing Efficiency with the Right Construction Management Software: A Complete Guide for Contractors

Discover how construction management software like Procore and BuilderTrend optimizes project management with estimating, billing, and reporting tools. Learn how to select the best software, integrate it with financial systems, and enhance your construction business's efficiency.

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