Levelset

JULY 25, 2022

Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. That’s because other forms of capital — like labor or equipment — can’t generate value if you don’t have enough cash to take on new jobs, acquire materials, or cover overhead.

Debt 97

Debt Cash Flow Equity Finance 97

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

Contractor Bookkeeping

AUGUST 16, 2013

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. Chart of Accounts Bad Debts. Chart of Accounts Bad Debts. Cash On Hand.

Work in Progress 59

Work in Progress Accounting Construction Leases 59

Contractor Bookkeeping

MAY 5, 2014

The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity. 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. Keep The Service Agreement Cash Separate.

Cash Flow 48

Cash Flow Agreement Profitability Contractors 48

Contractor Bookkeeping

FEBRUARY 5, 2014

At that, sadly, is during the bankruptcy proceedings or at the auction where their entire construction company is being sold for pennies on the dollar to pay off some of the mountain of debt they accumulated. Assets - Liabilities) = Equity. -. Expenses - Overhead required to maintain business operations. Cash On Hand.

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

AUGUST 27, 2014

Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Bad Debts. Chart of Accounts Insurance Liability. Chart of Accounts Depreciation. Chart of Accounts Intercompany Transfers. Chart of Accounts Payroll. Chart of Accounts Payroll Taxes. Chart of Accounts Customer Discounts. Chart of Accounts Jobsite Costs.

Contractors 88

Contractors Accounting Work in Progress Profitability 88