Contractor Bookkeeping

AUGUST 16, 2013

Bank Balance - Un-cleared Checks) = Cash. 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. Bank Account - Escrow Deposits. Bank Account - Operating.

Work in Progress 70

Work in Progress Accounting Construction Leases 70

Contractor Bookkeeping

AUGUST 27, 2014

Chart of Accounts Work-In-Progress For Land Developers. Chart of Accounts Work-In-Progress For Land Development Into Lots. Chart of Accounts Work-In-Progress For Spec Builders. Chart of Accounts Work-In-Progress For Spec Home Into Rentals. Chart of Accounts Customer Checks Returned From Bank.

Contractors 91

Contractors Accounting Work in Progress Profitability 91

Contractor Bookkeeping

JUNE 13, 2012

They are referred to and reviewed over and over by banks and others. For Example - Income can be all of the deposits from bank statements which may have come from a single z-tape each day. One shortcut is downloading transactions directly from the bank. Do you write a paper check that is manually presented to the bank?

Accounting 48

Accounting Banking Profitability Income 48

Contractor Bookkeeping

MAY 31, 2013

Would it be helpful to know more information than just how much and when the checks cleared the bank? High Overhead Costs (in-house server). Midsize Construction Companies who view construction accounting as an “Overhead Expense” or "Waste of Money" will try to get buy on the cheap. I can download from the banks"…."I

Contractors 49

Contractors Accounting Change Orders Software 49

Contractor Bookkeeping

MAY 31, 2013

Would it be helpful to know more information than just how much and when the checks cleared the bank? High Overhead Costs (in-house server). Midsize Construction Companies who view construction accounting as an “Overhead Expense” or "Waste of Money" will try to get buy on the cheap. I can download from the banks"…."I

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

JULY 24, 2014

The result will be a QuickBooks file for construction that is designed to work the way you do and has a lot of memorized transactions, customized reports and accounts preset to handle things like: QuickBooks Setup For Construction Company. Work In Progress (WIP) Reporting. Sales Tax Returns. Payroll Processing. Job Cost Reports.

Contractors 50

Contractors Accounting Banking Project Management 50

Contractor Bookkeeping

JUNE 11, 2013

A receipt for material can be coded to any one of a dozen or more accounts or item codes depending upon whether it is a direct cost, indirect cost, Work-In-Progress, retention, warranty, overhead, administrative, other cost or simply an expense. Each One Got A Pay Raise Or A Better Job!

Accounting 49

Accounting Bankruptcy Profitability Contractors 49