Category: Bookkeeping
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Comprehensive Guide to Construction Accounting
Properly managing change orders ensures that all changes are documented, approved, and reflected in the project’s budget and timeline, preventing scope creep and cost overruns. Regular account reconciliation helps catch errors, prevent fraud, and ensure accurate financial reporting. For long-term projects, consider using the percentage-of-completion method for revenue recognition. This method provides a more accurate…
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Hiring an Accountant: 10 Things You Should Know
Now you can spend money without actually passing money over and the use of ‘plastic’ means there is less ’emotional’ connection to money. Free filing of simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and student loan interest). Get unlimited advice, an expert final review, and your…