Since everything looks better in a table, here’s one to help you remember the 3 critical revenue recognition methods. Every industry actor in every industry follows certain codes that help it come on top of its competitors. In other words, imagine that a homebuilding or facility construction project is underway. Tip #11: Use the double-entry method Unlike other reports on this list, contractors benefit from the job profitability report because it doesn’t have to be done in a set period. […]