Discounted low price! Only $28 with Same Day Shipping!

This practical guide to all accounting methods shows how to meet state and federal accounting requirements, explains the new depreciation rules, and describes how the Tax Reform Act can affect the way you keep records. Full of charts, diagrams, simple directions and examples, to help you keep track of where your money is going. Recommended reading for many state contractor?s exams. Each chapter ends with a set of test questions, and a CD-ROM included FREE has all the questions in interactive self-test software. Use the Study Mode to make studying for the exam much easier, and Exam Mode to practice your skills.

Are you a builder, not an accountant? Can you manage your crews better than your accounts receivable? Is your time better spent at the jobsite than at a desk piled with accounting ledgers? If so, then this book is for you. It's a comprehensive, completely revised and updated guide to construction accounting. It tells, step-by-step, and in plain English, how to choose, set up and maintain an appropriate, efficient, and practical bookkeeping system for your construction business.

This book will prove invaluable for:

• Students studying for contractor’s license exams
• Teachers of contractor’s license preparation courses
• Self-employed builders & construction contractors
• Developers

You won't find incomprehensible economics/accounting theory here. Theory is little help when it's month end and the books don't balance. This book delivers real help that you can use right now. You get straightforward, practical information and advice on how to:

• Build a customized accounting system from the ground up
• Set up an easy-to-use depreciation system that complies with IRS rules Keep records of job costs, do trend analysis & budgeting
• Handle sales & accounts receivable
• Set bad debt procedures
• Manage payroll, materials & inventory
• Prepare financial statements - when, how, which & why
• Maintain ledgers and balance sheets
• Close the books

For students and teachers, or builders who want to check their understanding as they go along, this new edition includes a self-test section at the end of each chapter. Test yourself, then check the answers in the back of the book to see how you did.

ISBN: 1-57218-105-2
Format: softbound
Category: Contractor Business Manuals, Construction Reference 0014 0003