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

SEPTEMBER 20, 2013

The Screenshots Below Were Taken In Our Lynnwood Washington Office. Assets - Liabilities) = Equity. -. 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. Cash On Hand. Balance Sheet Report.

Contractors 48

Contractors Accounting Profitability Overhead 48

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. Assets - Liabilities) = Equity. -.

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

JUNE 12, 2013

Contractors That Do Not Earn Large Profits see contractors bookkeeping services as overhead which leads to the following profit drains: They get a cheap computer, tiny monitor, garbage printer, tiny desk and broken down chair that even the dog would not sit in and tell the bookkeeper this is all the company can afford.

Profitability 48

Profitability Contractors Accounting Estimating 48

Contractor Bookkeeping

AUGUST 27, 2014

Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Insurance Liability. Other Income Tracking. Your income can be sporadic and extremely sensitive to the ups and downs of the new construction market which is why you need a strategy with an external focus on the global housing market. Chart of Accounts Payroll.

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Contractor Bookkeeping

AUGUST 9, 2012

Next the bad bookkeeper begins testing the limits of how far behind the payroll tax returns, sales tax returns, labor and industries tax returns, business and occupation tax returns, city licenses and liability insurance audits can slip and how many fines and penalties can be added up like the high score on a pin ball machine or computer game.

Organization 48

Organization Contractors Accounting Profitability 48