Bookkeeping

A Risk-Based Approach to Journal Entry Testing

Offshore oil rigs have revolutionized the oil and gas industry, but this innovation has its limitations. One of the most significant challenges faced by professionals working on offshore what is a topside entry oil rigs is the process of topside entry. While it remains one of the most commonly used methods to access the undersides […]

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Bookkeeping

6 Best Construction Accounting Software Programs

Teams find this particularly useful if they’d like to use tools on the go, such as on job sites or meeting with clients outside of the office. And if you forget your laptop, no worries — you can borrow someone else’s and log in through the web browser. While office professionals in B2B industries may […]

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Bookkeeping

Bookkeeping for Construction Companies: The Ultimate Guide

Its simplicity usually means lower construction accounting costs than accrual accounting, which provides a clear overview of the company’s actual cash position. Therefore, a contractor’s general chart of accounts looks different than it is for a manufacturer or a mass retail or hospitality business. Sales reps also have different salaries, and accounting needs to pay […]

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