Remove Accounting Remove Insurance Remove Liability Remove Overhead
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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .

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Estimating- The New Normal

Chianelli Estimating

The result is higher costs to complete projects.Other considerations will be the impact it will have on OSHA standards and Insurance Company costs. General Condition costs along with indirect costs tend to be much smaller but they are still a reality of doing business and a real profit killer; particularly when not accounted for.

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Emerging Contractor Program At Fast Easy Accounting

Contractor Bookkeeping

Maybe you began your company with a few friends and relatives and thought your overhead expenses would be low since you worked out of your home. This Means You Have Overhead - Not just office overhead, you have field overhead too. Fast Easy Accounting Has A Step-By-Step Process - To help emerging contractors.

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Construction Accounting Profit And Loss Reports Are A Hill Of Beans

Contractor Bookkeeping

Reviewing QuickBooks Profit And Loss Reports - From our construction accounting clients reminded me of something I learned in my own construction businesses a long time ago. Construction accounting financial reports can be like staring at a hill of beans if you don't know what you are looking at or why.

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Construction Estimating

Chianelli Estimating

Recently Contractors and Owners have found that Outsource Estimating is becoming a practical way to cut overhead. They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

All Accounting Uses The Accounting Equation. Assets - Liabilities) = Equity. -. Regular Bookkeeping - Is roughly 80% of all accounting for businesses in the world. Expenses - Overhead required to maintain business operations. Construction Accounting Titles = 233. Regular Accounting Titles = 115.

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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, 5117.9002 Applicability. (a) Instead, the Government applies “area cost factors” or “location factors” to attempt to localized the cost information. d) Distribution.

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