Contractor Bookkeeping

OCTOBER 18, 2013

There Is A Disturbing Pattern Among Contractors And You Need To Be Aware Of It! No construction company goes bankrupt that had useful accurate Financial Statements and Job Costing Reports that they understood and paid attention to because they would have seen bankruptcy coming well enough ahead of time to avoid it.

Contractors 48

Contractors Bankruptcy Cash Flow Accounting 48

Chianelli Estimating

JANUARY 30, 2020

Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. Recently Contractors and Owners have found that Outsource Estimating is becoming a practical way to cut overhead.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Contractor Bookkeeping

JUNE 12, 2013

Lately a number of contractors have contacted us about the messed up financial reports and job costing reports coming out of their QuickBooks contractor files. The cumulative effect of these bookkeeping errors in one month can do enough damage to the financial and job cost reports to eventually bankrupt a contractor.

Accounting 48

Accounting IDEA Bankruptcy Construction 48

Chianelli Estimating

AUGUST 6, 2020

Unfortunately the contractor with work in progress is most vulnerable. Contractors working with a fixed cost contract is the norm and are married to the terms by which it has been agreed upon from the project outset; before Copvid-19 restrictions. Too many contractors vying for the same job . cost overruns. Less opportunities.

Estimating 60

Estimating Residential Insurance Commercial 60

Contractor Bookkeeping

FEBRUARY 14, 2014

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. Click the button below to get right to the Frequently Asked Questions About Outsourced Contractors Bookkeeping Services. 4 out of 100 contractors will earn between 3%-15% net profit.

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

JUNE 11, 2013

There is some confusion about the differences between job costing accounting and regular accounting which leads some contractors to believe they can get what they need from any bookkeeper and the cheaper the better. Yet most contractors believe the complete opposite about construction; cheaper is not better. It is used to M.A.P.

Accounting 48

Accounting Bankruptcy Profitability Contractors 48

Contractor Bookkeeping

FEBRUARY 5, 2014

Tax Season Is Here and this is when most construction contractors think about getting their construction bookkeeping system in order so they can file their annual tax return for the previous year. Contractors Accounting For Your Company. Expenses - Overhead required to maintain business operations. Why Not All Three?

Accounting 48

Accounting Construction Profitability Contractors 48