Contractor Bookkeeping

JUNE 9, 2017

Almost every Contractor understands how to do basic repairs and remodels on a house. Is it a kitchen remodel, a bath remodel, upgrading the laundry area? Perhaps you tracked everything with bank statements and Excel sheets and it worked fine for a while. As the project grows it gets a little more complicated.

Accounting 48

Accounting Cash Flow Remodeling Contractors 48

Contractor Bookkeeping

NOVEMBER 3, 2012

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. Home Builder Doing A Residential Remodel.

Profitability 48

Profitability Bankruptcy Contractors Remodeling 48

Contractor Bookkeeping

SEPTEMBER 27, 2013

You are a spec home builder in need of a construction draw and your bank or lender wants to see your latest financial reports and this time they want all of the current houses you are working on to be reflected in QuickBooks correctly as Work-In-Process (W.I.P.) Pay Application Invoicing For Remodel Projects. Sales Tax Returns.

Banking 48

Banking Change Orders Accounting Cash Flow 48

Contractor Bookkeeping

JULY 18, 2012

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? 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.

Banking 54

Banking Remodeling Profitability Drawings 54

Contractor Bookkeeping

JANUARY 27, 2014

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? Spec Home Builders - Need people trained in construction accounting who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping.

Contractors 48

Contractors Accounting Banking Profitability 48

Contractor Bookkeeping

JULY 27, 2012

Assets of Company - Cash / Receivables – Payables / Trucks / Tools / Equipment / Material. Assets of Firm - Cash / Business Process / Sales Process / Client List / Predictable Cash Flow. Contractor Not A Banker - Student of Business Consulting And Accounting who has mastered the art of managing cash flow properly.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Contractor Bookkeeping

JULY 28, 2014

Payment Applications For Residential Remodel & Commercial Tenant Improvement Contractors. Learn More About Residential Remodel Payment Applications. All construction problems are related to cash flow or communication. As soon as I need money I will ask for it - See Cash Flow Diagram. Simple Invoice.

Contractors 48

Contractors Change Orders Accounting Cash Flow 48