Contractor Bookkeeping Vs. Regular Bookkeeping
Contractor Bookkeeping
JUNE 18, 2012
Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Assets - Liabilities) = Equity. Expenses - Overhead required to maintain business operations. In this case some overhead costs were classified as direct costs and assigned to the job. Cash On Hand.
Let's personalize your content