Bookkeeping

It’ll also give you a good idea of what you’ll be making per project, which can free up cash flow and allow you to leverage the cash in new projects, new rentals, etc. If you don’t have a bookkeeper, you’ll be responsible for reconciling your bank accounts. To...

This is because no two construction projects are the same, and there’s a broad spectrum of project profitability. Every job not only needs its own profit and loss (P&L) statement, but has to be tracked down to the specific accounting code level. For example, if...