by admin | Sep 5, 2026 | Accounts Receivable
Two construction businesses can report exactly the same amount of accounts receivable and still face very different financial situations. The total accounts receivable balance tells you how much customers owe the business. It does not tell you by itself how old those...
by admin | Sep 5, 2026 | Accounts Receivable
Waiting to get paid is not always the same problem. One construction business may be waiting because an invoice was submitted late. Another may have a pay application waiting for approval. Another may be carrying retainage that is not yet expected to be collected....
by admin | Aug 16, 2026 | Accounts Receivable
You completed the work. Your employees have been paid. Materials have been purchased. Subcontractors may already have submitted their bills—or been paid themselves. You may even be looking at a profitable job. But the customer’s money still has not reached your bank...
