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Revenue recognition is how a a business determines when they\u2019ve officially earned revenue from a contract or project. You can go to a bank or credit union to set up a company checking account that suits the needs of your firm. The first step for all construction firms is to open a separate business bank account that will be used exclusively for your business. The real-time dashboard provides a comprehensive overview of the metrics relevant to your role and is easy to customize.<\/p>\n<\/p>\n
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While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. Sage 300 is as comprehensive as it gets with prebuild reports; there are more than 1,400 to choose from. This means you can get any detailed report that you can think of with just a couple of clicks, helping you manage all the project costs.<\/p>\n<\/p>\n