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Archives for April 2025

The True Cost of Delays: How Construction Accounting Helps You Stay on Budget

April 5, 2025 by Paramita Bhattacharya

🚧 Project Delays Happen — But They Don’t Have to Wreck Your Budget In commercial construction, delays are inevitable. Weather, labor shortages, permit issues, material backorders—there’s no shortage of ways a timeline can slip. But while some delays are unavoidable, what is preventable is the financial damage they can cause. And the secret weapon?👉 Smart construction accounting. With the right cost-tracking and accounting systems in place, you can spot problems… Read More

Filed Under: Surety Bond Accounting

Job Costing vs. Traditional Accounting: Why It Matters in Commercial Construction

April 5, 2025 by Paramita Bhattacharya

If you’ve ever wrapped up a project wondering, “Where did all the profit” go?”—you’re not alone. Many commercial construction companies rely on traditional accounting methods that show overall income and expenses—but leave them guessing about project-level performance. That’s where job costing comes in. In this post, we’ll break down the differences between traditional accounting and job costing and explain why job costing is essential if you want real financial control… Read More

Filed Under: Surety Bond Accounting

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