Implement systems to accurately track and report all payments to employees and contractors. The first step to building more accurate accounting processes is recognizing that construction accounting is different. It’s definitely a mindset shift, but the good news is, no matter what kind of contractor you are, your construction firm’s needs are going to look…
Read MoreBench has a proprietary bookkeeping system that doesn’t sync with other accounting software. This could make it difficult to switch bookkeeping services later. It does, however, allow you to download Excel files of historical data, which can be uploaded to other programs. But moving the information and verifying it was done correctly can take time.…
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