Maintaining the books for a large construction project involves many intricacies. Between different accounting methods and other regulations to keep in mind, it's no wonder that construction businesses find themselves running into errors. Below are the most common construction accounting errors: • Disorganization • Poor estimates that lead construction contracts astray • Inaccurate recognition of joint ventures • Incorrect overhead costs • Mismanaged changed orders • Accepting unreasonable contract terms Be sure to keep track of necessary documents as a contractor.