Construction Business Owner
JUNE 1, 2022
It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). The prior accounting standard (ASC 840) only required capital leases to be included on the balance sheet. Accounting & Finance.
CivilJungle
AUGUST 8, 2022
Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. The below documents are necessary for the purchase of property: 1. The kata simulates the account , and documents are essential when conducting land from one to another.
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Construction Law Monitor
APRIL 10, 2014
The Fair Debt Collection Practices Act protects the consumer, not businesses. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt. You have a pre-debt fact gathering and document filing stage, as the first phase.
Viewpoint Construction Technology
FEBRUARY 14, 2019
One of the biggest challenges that contractors’ finance and accounting departments face is keeping up with all of the ever-changing tax regulations, incentives and procedures. Manage the company’s cash effectively to account for future downturns. The key is documentation,” Bryan said.
Contractor Bookkeeping
DECEMBER 3, 2013
Did You Have Trouble Setting Up Xero Accounting Online? You are not alone, it is an accounting program built to satisfy the needs of accountants with an attempt to make it easy for non-accountants. Xero Accounting Online Setup is not as complicated as QuickBooks setup projects. Set up your Chart of Accounts.
Construction Law Monitor
JUNE 9, 2014
In the legal and collection industry we call this document a demand letter, but in most other circles its simply known as an “attorney letter.” An attorney letter can be either a simple one page letter demanding amounts owed or it can be a multi-page document containing legal authority, legal argument and voluminous exhibits.
Autodesk Construction Cloud
NOVEMBER 15, 2021
In reality, it’s often a monster document packed full of legalese that can be difficult to understand. The difference between secured and unsecured debts. It doesn’t have to be this monster document that you just have to hold your nose and sign, then hope for the best.”. Best practices for handling change orders.
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