Category: Bookkeeping

Bookkeeping for Construction Companies as the foundation for financial management in the construction industry. In this fast-paced and dynamic field, accurate and efficient bookkeeping is vital to ensure financial stability, optimize project costs, and make well-informed decisions. At its core, Construction Accounting involves the meticulous tracking and allocation of costs to specific projects, often referred… Continue reading Construction Accounting: Full Guide for Contractors 2024

Get started with a step-by-step guide, and take control of your money. Yes, it’s the digital age, but you still need to know how to void a check. Acquiring business funding can be difficult if you don’t have perfect credit, tons of collateral, or established connections. It can help to add some spacing between each… Continue reading What to Do if Your Check Is Lost or Stolen in the Mail

Our robust small business accounting reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. With the Pro Plan, automatically import, merge, and categorize your bank transactions. It’s always available, and it’s backed up for extra peace of mind. We built our payroll tool for small… Continue reading Wave: Small Business Software Apps on Google Play

A high Debt to Equity ratio can lead to increased interest expenses and financial instability. Companies should aim for a balanced ratio to mitigate these risks while leveraging debt for growth. Investors often scrutinize the Debt to Equity ratio before making investment decisions. A company with a high ratio might be seen as risky, whereas… Continue reading Debt-to-Equity D E Ratio Formula and How to Interpret It

Use this statement of cash flows template to track and assess cash flows over a three-year period. The template is divided into sections for operations, investing, and financing activities. Simply enter the financial data for your business, and the template completes the calculations. As a business owner/manager you need to invest the time and resources… Continue reading 3-year cash flow projection template for easy use

Single-entry bookkeeping is perhaps the simplest and most basic system of bookkeeping. It does not require any specific skills or knowledge to implement and is meant mainly for small businesses and startups. In this system, every financial transaction is recorded through a single entry (log) in the journal, including both incoming as well as outgoing… Continue reading Understanding Double-Entry Accounting and How it Works

The QuickBooks Online mobile companion apps work with iPhone®, iPad®, and AndroidTM phones and tablets. What you can sell depends on the product, the product category, and the brand. If you connect an app with a high volume of daily transactions, QuickBooks Online may freeze. To fix or prevent this from happening, you must change… Continue reading Connect your Amazon Business account to QuickBooks Online

In this article, we will guide you through the steps to adjust payroll liabilities in QuickBooks Online, providing you with two options to choose from. Whether you prefer using the Payroll Center or the Chart of Accounts, both methods offer a straightforward approach to making adjustments. You can adjust more than one liability at a… Continue reading How to Adjust Payroll Liabilities in QuickBooks Explained Scott M Aber, CPA PC

QuickBooks is primarily aimed at small and medium-sized businesses, though some larger companies also use it. CoConstruct is your partner in managing unlimited construction projects with its four-part software platform. The platform starts with preconstruction details that include a cost catalog, lead management and a section for proposals and contracts. When you’re done with the… Continue reading Best Construction Accounting Software 2025