Construction Bookkeeping Unique Features
Contractor Bookkeeping
AUGUST 16, 2013
Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Assets - Liabilities) = Equity. -. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. Bank Account - Escrow Deposits. Cash On Hand.
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