Contractor Bookkeeping

MAY 5, 2014

Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities. This means you will send a plumbing drain technician to clean the main drain of the restaurant four times a year at a cost to your company of $75 for labor and overhead each = $300.

Cash Flow 48

Cash Flow Agreement Profitability Contractors 48

Contractor Bookkeeping

AUGUST 16, 2013

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. Expenses - Overhead is extremely complex because some expenses in regular Accounting are actually Cost of Goods Sold in construction accounting.

Work in Progress 60

Work in Progress Accounting Construction Leases 60

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.

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

AUGUST 13, 2014

If You Could Harness And truly understand even half of the information contained within your existing QuickBooks company file and I mean truly understood it, you could easily become a wealthy enough to be debt free and be living the lifestyle you truly deserve in five years or less. One Tiny Bit Of Knowledge High Profit Contractors.

Contractors 48

Contractors Accounting Profitability CA 48

Contractor Bookkeeping

AUGUST 29, 2014

Other examples of cash inflows are borrowed funds, income derived from sales of assets, and investment income from interest. Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold and overhead expenses. Cash is king!

Cash Flow 48

Cash Flow Management Contract Accounting 48

Contractor Bookkeeping

AUGUST 27, 2014

The Chart of Accounts is the foundation and if your Chart of Accounts is not setup right you will not have anywhere to put the transactions. Chart of Accounts Bad Debts. Other Income Tracking. If not, we can fix just about any QuickBooks setup by performing a QuickBooks cleanup and importing all of the transactions.

Contractors 89

Contractors Accounting Work in Progress Profitability 89