PSMJ Resources

JULY 10, 2013

Receiving money up front, depositing it, and not crediting it to the client until the last invoice has been submitted allows you to avoid a bad debt, and earns maximum interest on the deposit. In addition to normal reimbursables, ask for reimbursement for items such as liability insurance premiums, computer time, and messenger services.

Profitability 43

Profitability Contract Negotiation Debt 43

Levelset

AUGUST 4, 2022

Where direct labor is the percentage of salaries that are spent on billable work (rather than overhead time). If the total cost of running the business is $200,000 (including salary, rent, insurance, etc.), Financing activities include stock offerings and long-term debt. Example of revenue projection.

Cash Flow 52

Cash Flow Budgeting Budget Forecasting 52

Contractor Bookkeeping

AUGUST 16, 2013

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. Chart of Accounts Bad Debts. Chart of Accounts Bad Debts. Chart of Accounts Insurance Health And Dental.

Work in Progress 60

Work in Progress Accounting Construction Leases 60

ENR Construction

JULY 22, 2012

Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. The recession prompted many contractors to thin their fleets in order to lower overhead and generate cash. For some firms, that has meant renting rather than buying.

Equipment 67

Equipment Contractors Las Vegas FAQ 67

Contractor Bookkeeping

MARCH 9, 2013

Some Contractors Hire Part Time Secretaries to do everything including construction bookkeeping and then wonder why their company debts keep growing and crushing them. Process payroll and include reimbursements, health insurance, loans and garnishments. Separate direct and indirect job costs from overhead.

Contractors 48

Contractors Cash Flow Banking Change Orders 48

Contractor Bookkeeping

AUGUST 27, 2014

Chart of Accounts Bad Debts. Chart of Accounts Insurance Builders Risk. Chart of Accounts Insurance Vehicles. Chart of Accounts Insurance Liability. Chart of Accounts Insurance Health And Dental. Insurance Audit Reporting. Insurance Audit Support (Business Consulting And Accounting Office).

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Building Information Management

JULY 27, 2016

00 62 16 Certificate of Insurance Form. Affidavit of Payment of Debts and Claims Form. 00 73 16 Insurance Requirements. 00 62 16 Certificate of Insurance Form. Affidavit of Payment of Debts and Claims Form. 00 73 16 Insurance Requirements. 00 62 16 Certificate of Insurance Form. Project Delivery.

Equipment 45

Equipment Construction Schedule Concrete 45