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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). All my leases are related party.”. Greg Ragsdale.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

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. Bank Account - Petty Cash. Bank Account - Payroll. Cash On Hand.

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Xero Accounting Online Setup Errors Fixed Fast And Easy!

Contractor Bookkeeping

Connect your bank and PayPal feeds. We Can Convert The Following To Xero Accounting: Shoe Box Full Of Paperwork, Receipts And Bank Statements. Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Customer Checks Returned From Bank. Chart of Accounts Leases. Chart of Accounts Triple Net Leasing Costs.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Customer Checks Returned From Bank. Chart of Accounts Leases. Chart of Accounts Triple Net Leasing Costs. Chart of Accounts Insurance Liability. Employee Type Tracking - Officers. Employee Reimbursements - Officers. Bank Reconciliations.

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QuickBooks Support Hold Time Getting Longer

Contractor Bookkeeping

So, if you are a construction contractor using QuickBooks or you have someone in your office using QuickBooks perhaps you should consider investing $599.00 The Fast Easy Outsourced Accounting Difference: All of your Outsourced Accounting work is done in our office in Lynnwood Washington, not sent oversees or to some Bad Bookkeepers house.

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West Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Indirect Loans: The West Virginia Economic Development Authority provides a loan insurance program through participating commercial banks to assist firms that cannot obtain conventional bank financing. This program insures up to 80% of a bank loan for a maximum loan term of four years. TAX INCENTIVES. WORKFORCE TRAINING.