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System Implementations

A Comprehensive Guide to Construction Software Selections & Implementations

This is RedHammer's comprehensive guide to successful construction software implementation. It covers best practices, common pitfalls, and software recommendations tailored to companies of all sizes. With expert insights, this guide helps construction businesses optimize processes, ensure smooth transitions, and achieve long-term success.

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System Implementations

The Pitfalls of a Bad Software Implementation: How to Avoid These 10 Common Mistakes

Avoid the 10 most common software implementation mistakes, from underestimating complexity to insufficient planning and poor change management. This guide provides practical solutions to ensure your project is completed on time, within budget, and fully utilized.

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QuickBooks

Maximizing Efficiency QuickBooks Online 1099 Best Practices for Construction Companies

Learn how to optimize your 1099 process in QuickBooks Online for construction companies. This article covers best practices in vendor setup, Chart of Accounts configuration, and leveraging the subcontractor feature, ensuring you remain compliant with IRS regulations while streamlining tax reporting processes.

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QuickBooks

Best Practices for Configuring a Chart of Accounts in QuickBooks Online for Construction Companies

Discover how to configure a construction chart of accounts in QuickBooks Online for accurate job costing, tracking retention, and managing WIP. This guide covers best practices, essential construction-specific accounts, and step-by-step instructions for setup. Simplify your construction accounting with expert tips.

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Outsourced Construction Accounting

Why Certificates of Insurance (COIs) Are Essential for Protecting Your Construction Business

Properly managing certificates of insurance is crucial for construction companies to reduce financial and legal risks. Learn how to handle general liability, auto liability, and workers' comp coverage, and keep your projects compliant and on track with these best practices.

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Outsourced Construction Accounting

The Decline of Accounting Degrees: A Looming Crisis and How Outsourcing Can Help

The U.S. is seeing a sharp decline in accounting degrees, leading to a talent shortage in the profession. With fewer graduates and a growing demand for skilled accountants, outsourcing services like RedHammer offer businesses an efficient solution to maintain their financial health and operations.

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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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QuickBooks

QuickBooks Online Accounts Receivable Best Practices for Construction Companies

Discover accounts receivable best practices for construction companies using QuickBooks Online. Implement progress invoicing, retention management, clear payment terms, multiple payment options, and automated reminders to ensure timely payments and maintain healthy cash flow.

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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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