Examples of common reports you can generate using construction accounting software include standard financial statements like an income statement, balance sheet, and cash flow statement. Standout features include its complete payroll system, including automated timecard entry, payroll reports, and tax forms. This can really help to cut down on paperwork and ensure everyone gets paid

With comprehensive financial reporting and expert support, Remote Books Online optimizes your financial management, allowing you to focus on growing your construction business with confidence. Experience the convenience and accuracy of our bookkeeping services to elevate your company’s financial transparency and success. Effective bookkeeping also contributes to risk management, enhances credibility for business growth and

Typically, a balance sheet will be prepared and distributed on a quarterly or monthly basis, depending on the frequency of reporting as determined by law or company policy. Some companies issue preferred stock, which will be listed separately from common stock under this section. Preferred stock is assigned an arbitrary par value (as is common

The Mixing Department beginning work in process of 300 units is 40% complete as to both direct materials and conversion costs. Round equivalent unit of production inventory management methods costs to four decimal places. Calculate the equivalent units of production with respect to materials during the month of March using the weighted average method. Beginning

Bookkeeping services help ensure that these deductions are properly recorded and claimed, minimizing tax obligations. This results in significant savings that directly contribute to higher profit margins. Accurate tax filing also prevents penalties and fines that could eat into profits. Real-time financial reporting and analytics to track cash flow, profitability, and project performance. Strategies for

It’s up to you to determine whether your business can afford an in-house bookkeeper. Their standard pay, according to Salary.com, ranges from $39,568 and $50,577 per year—before taking into account payroll taxes and employee benefits. That can be a lot if you simply need someone to perform bank reconciliations and forecasting. Full-time, in-house bookkeepers are

The term “net” relates to what’s left of a balance after deductions have been made from it. Kristin is a Certified Public Accountant with 15 years of experience working with small business owners in all aspects of business building. In 2006, she obtained her MS in Accounting and Taxation and was diagnosed with Hodgkin’s Lymphoma

A certified document is one that the original issuing agency provides and certifies as an exact copy of the original document and contains an official stamped seal from the Agency. A notarized document is one that the taxpayer provides to a public notary who bears witness to the signing of the official document and affixes