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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Bank Balance - Un-cleared Checks) = Cash. Expenses - Overhead required to maintain business operations. Expenses - Overhead is extremely complex because some expenses in regular Accounting are actually Cost of Goods Sold in construction accounting. Bank Account - Escrow Deposits. Bank Account - Operating.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Chart of Accounts Work-In-Progress For Land Developers. Chart of Accounts Work-In-Progress For Land Development Into Lots. Chart of Accounts Work-In-Progress For Spec Builders. Chart of Accounts Work-In-Progress For Spec Home Into Rentals. Chart of Accounts Customer Checks Returned From Bank.

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Choosing QuickBooks Version For Your Contracting Company

Contractor Bookkeeping

You need QuickBooks to track all your construction and overhead costs and generate Bank Draws and Work-In-Progress (WIP) reports against budgeted estimates to monitor progress which we have in our QuickBooks Setup. It Is Like - Having a red carpet lease for your car. Click Here For More.

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FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

We have taken steps to select the best of the best Intuit Approved Commercial Hosting Service to ensure that your data is as secure as that found for online banking and financial institutions. With the same security as Online Banking, your data could not be safer. QuickBooks Works Best If You: Takes Job Deposits.

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