Accounting Insurance Profitability 
Job Order Contracting
MARCH 1, 2022
General / Prime Contractor Profit and risk. General insurances. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance. Adjustment factors to account for small jobs. Payment Bond premium(s) (please note that Payment Bonds are required for task order. Submittals.
Viewpoint Construction Technology
JUNE 12, 2013
MCM is a CPA firm with a team of accountants dedicated to construction accounting. For example, if you completely own a piece of equipment, you probably estimate the amount of fuel that it uses on a job, but may not consider including the depreciation, insurance, maintenance, and other costs associated with running it.
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Construction Marketing
FEBRUARY 11, 2021
Insurance, liability, and workers’ compensation . When this happens, it’s vital to save profit from busy seasons to pay the expenses for the off-season. . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. 10) Business bank account and credit card. 11) Accounting.
Building Radar
NOVEMBER 18, 2024
The construction industry is complex, with various costs that influence project profitability. Understanding burden rates is essential for construction companies to accurately estimate costs and ensure projects remain profitable what is burden rate. One of the critical factors in determining project expenses is the burden rate.
Construction Business Owner
SEPTEMBER 27, 2011
ACCOUNTING |. INSURANCE |. Accounting & Finance. « Considering New Accounting Software? If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. Tags accounting.
Construction Business Owner
JANUARY 18, 2012
ACCOUNTING |. INSURANCE |. Accounting & Finance. Querying different type of jobs in job costing to look at profitability by type. There are plenty of construction-specific accounting packages that work the way construction does and can efficiently prepare W2s and 1099s and year-end financial reports. STRATEGY |.
Construction Business Owner
AUGUST 30, 2011
ACCOUNTING |. INSURANCE |. Accounting & Finance. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. I was doing some research on construction accounting softwares and came across your entry.
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