Contractor Bookkeeping

AUGUST 16, 2013

Bank Balance - Un-cleared Checks) = Cash. Expenses - Overhead required to maintain business operations. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. Bank Account - Escrow Deposits. Bank Account - Operating. Bank Account - Job Deposits.

Work in Progress 60

Work in Progress Accounting Construction Leases 60

Contractor Bookkeeping

JUNE 18, 2012

Bank Balance - Un-cleared Checks) = Cash. Expenses - Overhead required to maintain business operations. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. In this case some overhead costs were classified as direct costs and assigned to the job.

Contractors 58

Contractors Profitability Overhead Equity 58

Contractor Bookkeeping

MAY 17, 2013

Bank Balance - Un-cleared Checks) = Cash. Expenses - Overhead required to maintain business operations. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. In this case some overhead costs were classified as direct costs and assigned to the job.

Accounting 48

Accounting Contractors Profitability Overhead 48

Contractor Bookkeeping

FEBRUARY 5, 2014

Their primary function is to read the incoming paperwork (electronic and hard copy) and follow a pre-determined set of rules and guidelines to put each transaction where it needs to go in QuickBooks or Xero Accounting Online depending on which accounting software the construction contractor is using. Bank Balance - Un-cleared Checks) = Cash.

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

AUGUST 27, 2014

Chart of Accounts Customer Checks Returned From Bank. Chart of Accounts Mobilization. Chart of Accounts De-Mobilization. Bank Reconciliations. Other Income Tracking. Chart of Accounts Bad Debts. Chart of Accounts Employee Loans And Repayments. Chart of Accounts Jobsite Costs. Chart of Accounts Warranty Work.

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Contractor Bookkeeping

SEPTEMBER 20, 2013

Bank Balance - Un-cleared Checks) = Cash. Expenses - Overhead required to maintain business operations. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. In this case some overhead costs were classified as direct costs and assigned to the job.

Contractors 48

Contractors Accounting Profitability Overhead 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. Outside Your Mobile Office: In you post office box.

FAQ 49

FAQ Contractors Accounting Security 49