Specializing in solutions for small-to-medium businesses, our services are designed to align with your specific operation and financial needs. Whether you’re a rapidly growing start-up or a well-established local franchise, you can trust that you’re in good hands. Our expert consultants use Sage 100 Contractor to deliver accurate and timely financial data throughout your project’s […]

Know where your business stands financially and land better jobs in the future. At Construction Cost Accounting, Inc., we specialize in providing comprehensive bookkeeping and accounting services for construction companies. Construction accounting in Orange County companies rely on our bookkeeping services to manage their finances, comply with tax laws, and make accurate business decisions. The […]

The debit is the larger of the two sides ($5,000 on the debit side as opposed to $3,000 on the credit side), so the Cash account has a debit balance of $2,000. Checking to make sure the final balance figure is correct; one can review the figures in the debit and credit columns. In the […]

Red Brick should report the contingent liability in the footnotes of the financial statements. If the record is a hit, the record label could owe a large amount of money to its artists. The prudence Principles of Accounting is one of the most widely used and accepted criteria for preparation and reporting of Financial Statements. […]

Many businesses take this into account when deciding to offer a mail-in rebate. Knowing in advance that only a certain proportion of customers will take the cash back, companies can estimate an average price reduction less than the rebate amount. Discounts are a reduction in the original price of a product or service. Discounts: The Power […]

Discounts often provide immediate price reductions, while rebates may take several weeks or months to process. By offering rebates, businesses can create a sense of urgency and encourage customers to make a purchase. They can be tailored to suit the specific needs and goals of your business. Rebates This immediate gratification can be a powerful […]

A growing business requires financial systems that can handle increased transaction volume and complexity. Expert bookkeeping services help you establish scalable accounting systems and tools, such as advanced construction-specific software. These systems can track multiple projects simultaneously, account for various types of expenses, and handle the complexity of job costing and labor tracking. Look at […]

Another benefit is that milestone payments make identifying payment problems much easier. For one, payroll for construction is more complex, and involves much more than agreeing on a flat rate for every project. Projects like government-funded projects require you to pay a prevailing wage, a minimum hourly rate that’s typically higher and determined by each […]