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More stories about Accounting

  • Housing authorities brace for new accountingrules

    Local housing authorities will have to keep individual budgets for each of their public housing properties starting in the 2007 fiscal year, as a result of new accounting rules imposed by the Department of Housing and Urban Development (HUD).

  • TDHCA leadership changes: Carrington leaves for newpost

    Austin, Texas – Edwina Carrington, who has led the Texas Department of Housing and Community Affairs (TDHCA) for the last four years, said it’s a logical time for her to move on.

  • Attitude Adjustment: How to Think Like a Company

    How to think like a company; protect yourself from employee theft

  • Looking Beyond the Bottom Line

    Too often, business owners will print a profit-and-loss statement (P&L, also called an income statement) and then look at just the bottom line net profit.

  • Job-Costing for Survival

    Accurate estimating is the foundation of your business. Until you have control over your estimates, anything else you want to do with your company is mostly a pipe dream.

  • Let BuildWorks Basic and Quicken Show You the Money

    Compared with Timberline or Great Plains, Intuit's QuickBooks Pro is a simple entry-level accounting system. But "simple" is a relative term. For a small contractor who just needs a way to replace the checkbook in his back pocket, even QuickBooks can be overwhelming.

  • WIP Your Company Into Shape

    How often has this happened to you: After what looks like a really good month, you go out and buy an expensive piece of equipment, like a truck. Then the following month is a really bad one, and you wish you hadn't.

  • QuickBooks Pro vs. Contractor: Which Is Better?

    The answer, says a Maine business-systems consultant, depends on whether you like packaged reports or prefer to customize the program to match the way you do business.

  • Business

    Accrual vs. cash accounting; finding the best remodeling customers

  • Allocating Overhead to Labor Makes Financial Sense

    If I were to ask ten contractors how they calculate and apply overhead (indirect expense) to their estimates or time-and-material work, I would get ten different answers. If I were to press further as to how they arrived at their numbers, most of their methods would turn out to be arbitrary or have...