The payroll module uses Davis Bacon wage rates and includes union fringe and state tax rates. The four main types of construction contracts are lump-sum, cost-plus, time and materials, and unit price. Each type defines how clients make payments and how companies...
The reporting will enable you to track the profitability of each project so that you can stay ahead of costly mistakes. The financial reporting segment takes the same data from revenue management and compiles reports instantly for quick review. Under the financial...
Setting up an effective process and understanding the accounting cycle can help you produce financial information that you can analyze quickly, helping your business run more smoothly. Identifying and solving problems early in the accounting cycle leads to greater...
The accounting cycle includes eight steps required to record transactions during an accounting period. In this guide, I explain the steps in the accounting cycle in detail, with examples. Investing in continuous training for your accounting team ensures they stay...
Volopay offers robust reporting and analytics tools that provide deep insights into spending patterns, vendor relationships, and expense trends. Finance teams can effortlessly generate customized reports, supporting informed decision-making and strategic planning....