Bookkeeping

Cash basis accounting is simpler and easier to manage, but accrual basis accounting provides a more accurate picture of your company’s financial health. Allocating a portion of your income specifically for taxes helps avoid unexpected liabilities during tax season. Proper tax planning is a vital component of construction accounting, and construction bookkeeping services can help …

Construction accounting 101: An expert guide for contractors Read More »

Add payroll to QuickBooks Online starting at $45 per month, or to Desktop starting at $50, plus $2 per employee, per month. Some people might be leaving QuickBooks because its price is higher than that of other small business purchase discount in accounting accounting software like Xero and Zoho Books. Others might be leaving because …

QuickBooks Online Review: Features & Pricing Read More »

Consumers spend a lot of time browsing and shopping on mobile devices. Good search capabilities can be the difference between making a sale and causing a headache. Customers should be tax deductions for independent contractors able to search using a few keywords and find what they need. High Performance Most website platforms offer a search …

Multi-channel Platform for Product Businesses Read More »

Lastly, the construction industry often deals with fluctuating material costs and labor rates, which can impact budgeting and profitability. Accountants must continuously monitor these variables to ensure accurate financial projections and maintain project profitability. This dynamic environment necessitates a robust accounting system that can adapt to changes in costs and market conditions. Moreover, cloud-based platforms …

Domestic Reverse Charge DRC VAT Explained for Construction Businesses Read More »

Effective accountancy practices ensure that projects are financially viable and that resources are allocated efficiently. Many small business owners begin by tracking transactions through an Excel spreadsheet. Yet, as the business grows, they start to realize that this is not a scalable solution. One way to solve this problem is to use accounting software like …

Bookkeeping for Construction Companies: An Essential Guide Read More »