Levelset

APRIL 5, 2022

In this article, we’ll explore some strategies to help you keep money in the bank. Without incoming revenue to cover those costs, you’ll have to overbill another project to cover them. It’s important to lock in materials costs early or request a change order to cover price increases. Why contractors run out of cash.

Cash Flow 52

Cash Flow Finance Construction Materials 52

Contractor Bookkeeping

AUGUST 6, 2014

You Want Money; Banks Want To Lend Money, What''s The Problem? Did change order work that you never got paid for doing and never will. 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.

Finance 48

Finance Accounting Construction Banking 48

Contractor Bookkeeping

FEBRUARY 14, 2014

It includes a brief overview of our outsourced contractors bookkeeping system that allows us to service a number of combinations of construction companies including: One Income Contractors: Handyman Services. Multiple Income Contractors: Handyman + General + Remodel. Have Change Orders. General Contractors.

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

MAY 31, 2013

Would it be helpful to know more information than just how much and when the checks cleared the bank? Back In The “Old Days” a set of scales was used – one side for income and other for expenses. High Overhead Costs (in-house server). I can download from the banks"…."I We have a process for managing change orders.

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MAY 31, 2013

Would it be helpful to know more information than just how much and when the checks cleared the bank? Back In The “Old Days” a set of scales was used – one side for income and other for expenses. High Overhead Costs (in-house server). I can download from the banks"…."I We have a process for managing change orders.

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MARCH 25, 2014

Having an established bank line-of-credit generally provides sureties with this comfort; References – Sureties typically want letters of recommendation from subcontractors, owners, architects, and engineers on your completed projects. These schedules will list important financial issues on your bonded projects.

Cash Flow 52

Cash Flow Accounting Profitability Work in Progress 52