Contractor Bookkeeping
OCTOBER 17, 2014
Scammers are calling all kinds of people and business owners claiming to be from the IRS. It is no secret that contractors are in an industry with a lot of cash transactions and sometimes they get busy and forget to deposit the money in the bank and properly account for it inside their contractors bookkeeping services system.
Contractor Bookkeeping
JULY 30, 2014
Builder Accounting begins with a proper QuickBooks setup For Spec Home Builders. Understand to get good, usable information out of any accounting system that they need to be an active participant and code the paperwork. Accountants do not have a crystal ball and or a magic wand…It Is True – Garbage In = Garbage Out.
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Contractor Bookkeeping
JUNE 11, 2013
There is some confusion about the differences between job costing accounting and regular accounting which leads some contractors to believe they can get what they need from any bookkeeper and the cheaper the better. Two Basic Types Of Accounting. #1 Tax Accountants are good people and have a place in the accounting world.
Contractor Bookkeeping
AUGUST 6, 2014
You Want Money; Banks Want To Lend Money, What''s The Problem? Multiply That By 100,000 And You Will Begin To Understand Why Banks Seem So Tight Fisted About Loaning Money. Banks stay in business is by loaning money and earning interest. 4 You have no access to a construction accountant, not even for quarterly check-ups. #5
Contractor Bookkeeping
JULY 24, 2014
Since 1973, the Financial Accounting Standards Board (FASB) has been the designated organization in the private sector for establishing standards of financial accounting that govern the preparation of financial reports by nongovernmental entities. - See more at: [link].
Contractor Bookkeeping
AUGUST 29, 2014
Construction Company cash flow is the movement of money in and out of your Construction Company; these movements are known in accounting circles as inflow and outflow. Note: A construction accountant is the best person to help you learn how your cash flow statement works. What Makes Up Your Construction Company Cash Flow?
Contractor Bookkeeping
SEPTEMBER 25, 2013
IRS Taxes : When you entered into the contract, was this person responsible for filing a tax return with the IRS for his or her business? If they have employees check their workers’ compensation account and claim history. Required Documentation May include other customers or advertising. Client access to QuickBooks is optional.
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