Levelset

AUGUST 4, 2022

Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. Where direct labor is the percentage of salaries that are spent on billable work (rather than overhead time). Financing activities include stock offerings and long-term debt.

Cash Flow 52

Cash Flow Budgeting Budget Forecasting 52

PSMJ Resources

JULY 10, 2013

Most clients are demanding more work for lower fees, and firms that do not reexamine the terms of their contracts usually find themselves without enough income to break even, let alone make a profit. With government clients, this term can reduce overhead, making your contract price more attractive. Shorten the billing/payment cycle.

Profitability 43

Profitability Contract Negotiation Debt 43

Contractor Bookkeeping

AUGUST 16, 2013

Expenses - Overhead required to maintain business operations. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. Expenses - Overhead is extremely complex because some expenses in regular Accounting are actually Cost of Goods Sold in construction accounting.

Work in Progress 60

Work in Progress Accounting Construction Leases 60

Contractor Bookkeeping

AUGUST 27, 2014

Chart of Accounts Bad Debts. Chart of Accounts Insurance Builders Risk. Chart of Accounts Insurance Vehicles. Chart of Accounts Insurance Liability. Chart of Accounts Insurance Health And Dental. Insurance Audit Reporting. Insurance Audit Support (Business Consulting And Accounting Office).

Contractors 89

Contractors Accounting Work in Progress Profitability 89