Category: Bookkeeping

Job costing creates a powerful cycle where previous financial data leads to better financial decisions in the future. This course will provide participants with an understanding of indirect costs, how …

Laws regarding retainage vary by state, but contractors in states that allow — or even require — retainage have to ensure that they can effectively grow their businesses while waiting …

Our team of ecommerce-accounting experts can handle the complexity while you focus on what you do best – building your business. For information on how to set up your chart …

Your P&L is a report that allows you to quickly see all of your revenue and expenses in a given time period. In addition, there are two main types of …

These steps ensure that a company’s financial statements are accurate, up-to-date, and in compliance with regulatory requirements. These journal entries are known as adjusting entries, which ensure that the entity …

You can then use your time and resources to make strategic decisions with the information you’ve gathered from these key reports. Ultimately, understanding and executing the accounting cycle properly empowers …

To effectively track expenses for specific projects, utilize project management software to allocate costs to each project. This ensures accurate accounting and helps with budgeting for future projects. Unlike your …

These tools often include features for job costing, financial statements, progress billing, and WIP reporting. Construction accounting is a specialized branch of financial management tailored to the construction industry. It …