Billing
Retainage, lien waivers and pay apps on one record
A pay app, the retainage it withholds and the lien waivers that release it are one transaction. Most contractors track them in three places. Here's how each piece works and why they belong together.
AI agents
Agents with approvals: how we think about AI in the back office
AI in construction accounting goes wrong in two ways: chatbots that know nothing about your jobs, and autopilots that post entries nobody checked. Our model is an apprentice with a supervisor. Here are the rules.
Accounting
WIP shouldn't be a month-end project
The work-in-progress schedule is the most important report a contractor produces, and most build it from four sources a week after the month closes. Here's the math, what over and under billing really tell you, and why WIP should be live.