Contractor Bookkeeping

AUGUST 16, 2013

Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Assets - Liabilities) = Equity. -. Bank Account - Escrow Deposits. Bank Account - Operating. Bank Account - Job Deposits. Bank Account - Payroll. Bank Account - Operating.

Work in Progress 59

Work in Progress Accounting Construction Leases 59

Contractor Bookkeeping

AUGUST 27, 2014

Our internal research shows a properly run construction company with annual sales between $500,000 and $5,000,000 can generate as much or more cash, profit and equity than most construction companies with annual sales between $5,000,000 and $10,000,000. Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Leases.

Contractors 88

Contractors Accounting Work in Progress Profitability 88

Buisness Facilities Contributed Content

MARCH 9, 2016

The business must provide a bank “letter of credit” to guarantee payment of the bonds. Through this program, qualified businesses can obtain capital in the form of debt or equity financing. These bonds are issued within the State’s IRS allocation of tax-exempt bond financing.

Wyoming 40

Wyoming Finance Debt Equipment 40

Buisness Facilities Contributed Content

MARCH 8, 2016

Loans are made by the Bank of North Dakota and are guaranteed by the Export-Import Bank of the United States utilizing their medium-term credits program. The Bank of North Dakota (BND) provides some of the lowest interest rates in the nation through this program. Community financial institutions may participate in the loans.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

JULY 11, 2014

SWEDFA offers a variety of financing strategies to help fund small business including bank participations, direct loans, loan guarantees and taxable and tax-exempt bonds. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted. Tax Incentives.

New Mexico 40

New Mexico Compensation Income Finance 40