Bookkeeping

At the bottom of the cash flow statement, the net totals of the three sections are reconciled What is bookkeeping with the change in the cash and cash equivalents that are reported on the company’s balance sheet. Therefore, reversing entries will be dated as of the first day of the accounting period immediately following the […]

Understanding the Unique Demands of Construction Accounting Brown Plus Accountants + Advisors Streamline your accounting processes and drive profitability in your construction projects. If unmanaged, it can be problematic because contractors will not have the available cash to fund the remaining work. For example, if you overbill by $10,000, that is not a cash profit