Remove Debt Remove Equity Remove Leases Remove Overhead
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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. -. Expenses - Overhead required to maintain business operations. Expenses - Overhead is extremely complex because some expenses in regular Accounting are actually Cost of Goods Sold in construction accounting.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

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 Bad Debts. Chart of Accounts Leases. Tool Lease Tracking.