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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! Is Cash Flow The Same As Profit?

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Do Contractors Need Every QuickBooks Feature?

Contractor Bookkeeping

We agree with half of that statement; contractors need to pay their fair share of taxes but not until they absolutely have too for two reasons: #1 Paying bills early hurts cash flow. #2 The Next Two Profit & Loss Reports Show Accrual Vs. Cash And % of Income. This may sound too good to be true and yet it is not.

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Contractor Sucess M.A.P. Podcast

Contractor Bookkeeping

Can Help You Overcome the challenges of Marketing, Accounting and Production by focusing on the keys to unlock your contracting company natural inclination to generate consistently high cash flow and profits. QuickBooks setup for construction was wrong 2. Alaska And Hawaii How To Use M.A.P. Need Help Now?

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. It was obvious to us QuickBooks Setup was done by someone with very little if any experience in accounting let alone construction accounting.

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Unique Contractor Investment Can Exceed 100% Return

Contractor Bookkeeping

Knowledge Leads To Profits And Cash Flow. For Example Let''s Look At One Field Worker Named Henry: Here Is What Happens - Your construction worker, Henry Rockerman, may or may not have a hearty breakfast before coming to work at the construction site depending on a variety of factors outside your control and perhaps his too.

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State by State Incentives Guide

Buisness Facilities Contributed Content

It allows for the construction of roads, bridges, etc. Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. 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.

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