Contractor Bookkeeping

AUGUST 6, 2014

1 Your Profit & Loss and Balance Sheet Reports do not conform to financial industry standards. #2 Getting back to financing strategies for your contracting Company it will help if you understand the banking version of The Construction Specifications Institute. Do your best to avoid raising any red flags. Five Red Flags To Avoid. #1

Finance 48

Finance Accounting Construction Banking 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. Is Cash Flow The Same As Profit? While they might seem similar, profit and cash flow are two entirely different concepts, each with entirely different results.

Cash Flow 48

Cash Flow Management Contract Accounting 48

Contractor Bookkeeping

JULY 24, 2014

There is a lot of information to be gained when you compare this year’s Profit & Loss to the prior year because it will alert you to trends early enough to respond rather than reacting after it is too late and help establish profit and sales goals. See more at: [link].

Accounting 48

Accounting Construction Contractors Profitability 48