Cash v. Accrual Accounting – Whatchu Talkin’ About Willis?

Executive summary.  There are basic differences between cash and accrual accounting.  Here’s a quick review. What is accounting?  Sounds simple, right?  It’s just keeping track of money in a business.  And money only does one of two things – it either goes in the bank account, or out of the […]

How to do a Job Cost Projection: Cutting through the Fog – Part 1

Executive summary. An accurate job cost projection is vital to Company survival. And it’s not too complicated if you know the budget, the timing of your costs, and can do a little bit of estimating. It’s NOT about blindly relying on quantities completed! What’s a projection? It also carries different […]