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. Yet most contractors believe the complete opposite about construction; cheaper is not better.

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Accounting Bankruptcy Profitability Contractors 48

Contractor Bookkeeping

JUNE 12, 2013

Lately a number of contractors have contacted us about the messed up financial reports and job costing reports coming out of their QuickBooks contractor files. To learn more visit construction accounting vs. regular accounting. To learn more visit construction accounting vs. regular accounting.

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Accounting IDEA Bankruptcy Construction 48

Chianelli Estimating

JANUARY 30, 2020

Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. Recently Contractors and Owners have found that Outsource Estimating is becoming a practical way to cut overhead.

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Estimating Construction Bidding Bankruptcy 78

Contractor Bookkeeping

FEBRUARY 5, 2014

Tax Season Is Here and this is when most construction contractors think about getting their construction bookkeeping system in order so they can file their annual tax return for the previous year. Each Branch Of Accounting serves a different function similar to how it works in construction. Certified Public Accountants (C.P.A.)

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

OCTOBER 18, 2013

There Is A Disturbing Pattern Among Contractors And You Need To Be Aware Of It! No construction company goes bankrupt that had useful accurate Financial Statements and Job Costing Reports that they understood and paid attention to because they would have seen bankruptcy coming well enough ahead of time to avoid it.

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Contractors Bankruptcy Cash Flow Accounting 48

Chianelli Estimating

AUGUST 6, 2020

Unfortunately the contractor with work in progress is most vulnerable. Contractors working with a fixed cost contract is the norm and are married to the terms by which it has been agreed upon from the project outset; before Copvid-19 restrictions. Too many contractors vying for the same job . cost overruns. Less opportunities.

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Estimating Residential Insurance Commercial 60

Contractor Bookkeeping

FEBRUARY 14, 2014

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. Click the button below to get right to the Frequently Asked Questions About Outsourced Contractors Bookkeeping Services. 4 out of 100 contractors will earn between 3%-15% net profit.

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FAQ Contractors Accounting Security 49