Articles
Straight answers for contractors about their books
Each article answers one question in the first paragraph, then explains it.
What does job costing actually show a contractor?
Job costing shows which jobs made money after materials, labor and subs, and what each kind of job really costs you to deliver.
Read →Cash or accrual: which fits a contractor?
Cash basis records money when it moves; accrual records it when it's earned or owed. Many small contractors keep cash books, but accrual reports show job profit more accurately.
Read →What does your CPA need from you in January?
Reconciled books through December 31, a 1099 vendor list with W-9s, payroll year-end forms, loan and asset details, and answers to open questions.
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