Contractor Bookkeeping

SEPTEMBER 23, 2013

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Oddly enough most of them paid the debt years later and all of them were very appreciative that we treated them with courtesy and respect. Knowing The Answers Helps.

Debt 49

Debt Construction Accounting Banking 49

Contractor Bookkeeping

AUGUST 29, 2013

an hour plus overhead. For Our Financial Analyst , financial manager and economist and statistician friends reading this I know what you are thinking: What about the Present Value? How will it affect the debt to equity ratio? What about discount rates? What about the opportunity costs? What about borrowing costs?

Contractors 52

Contractors Accounting Banking Project Management 52

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

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. Expenses - Overhead required to maintain business operations. Cost of Goods Sold - If they sell products with 1-4 categories.

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

Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold and overhead expenses. Furthermore, this cash flow gap may cause you to miss other profit opportunities, damage your credit rating, and force you to take out loans and create debt.

Cash Flow 48

Cash Flow Management Contract Accounting 48

Contractor Bookkeeping

AUGUST 27, 2014

Chart of Accounts Bad Debts. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience.

Contractors 89

Contractors Accounting Work in Progress Profitability 89