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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). The prior accounting standard (ASC 840) only required capital leases to be included on the balance sheet. Accounting & Finance.

Leases 177
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Cloud-based technology facilitates the work process of building contractors

Construction Cost Estimating

The software contains a wide array of business management solutions which range from job cost, project management, equipment management, payroll, purchasing, inventory, and much more.

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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. “Working capital evaluates the financial resources a company requires to operate the company,” notes Joshua Leyenhorst. 3 types of capital for construction. Debt capital.

Debt 97
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Home Builders Who Need To Keep Track Of Specialty Contractor Costs

Contractor Bookkeeping

Construction Accounting Services For Home Builders. Spec Home Builders Have Unique Construction Accounting Needs : Keeping Track Of Specialty Contractor Costs - Is one of the most valuable things your contractors bookkeeping services can do for you. The best way is to use Purchase Orders in QuickBooks.

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Meetup Group Event - QuickBooks Year End Closing Tips

Contractor Bookkeeping

They are a valuable resource and a really blessing for those of us who own and operate businesses with fewer than twenty employees; although I suspect companies with more than twenty employees would find real value there as well. There are still a few things the accounting department needs to do. Money In (Accounts Receivable).

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Optimize Vs. Maximize Construction Company Production

Contractor Bookkeeping

No matter what else you may believe about anything or anyone just know that everyone here at Fast Easy Accounting and our parent company Business Consulting and Accounting care about you, your family and your employees and will do everything we can to help you Level Up regardless if you ever become a client or not.

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Spec Home Builders Have Unique Bookkeeping Needs

Contractor Bookkeeping

Spec Home Builders - Need people trained in construction bookkeeping who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping. Professional Construction Accounting Firms - Have a Bookkeeping System to generate the same results every time. All because they hired the wrong bookkeeper.

Banking 54