Mar 1, 20222 minJOB COSTINGJob Costing vs Process Costing: 10 Key DifferencesJob costing and process costing are primary accounting methods. As a business owner, understanding each one is important to determine...
Jul 8, 20202 minACCOUNTS PAYABLENegative Liability on Balance Sheet in Construction AccountingA Balance Sheet gives you a financial snapshot of the construction company as of the specific date. It calculates how much the company...
Jun 23, 20202 minBOOKKEEPING & ACCOUNTINGEasy Accounting for Construction with Quickbooks Online1. Access everything 24/7. In the field or on location Manage job costs Stay on schedule and stick to a budget. Easily track time and...
Jun 2, 20201 minTAXHow are “Bonuses“ Being Taxed?Bonuses are considered excellent way to motivate employees and reward top performers; however, they can also quickly change one’s tax...