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. What little of it I have seen makes me very upset because I see the damage caused to contractors making management decisions on inaccurate reports. Cash On Hand.
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