The Ultimate Guide To Construction Bookkeeping
Our mission is simple — help contractors streamline operations and navigate workforce planning complexities. Founded in 2014, Bridgit provides seamless planning workflows, unmatched workforce visibility and precise labor forecasting to drive efficiency and planning effectiveness. Modernize your workforce management process and add to your existing tech stack with our platform that aims to be a […]
Natural Business Year Definition What is a Natural Business Year?
The AICPA utilized its July, 1987, CPA Letter to relay an action alert on this issue.The Institute encourages all members to contact their senators and congressmen to ask them to cosponsor and vote for the legislation. Letters should explain the serious problems that the current law is creating for small business owners and for CPA […]
Net Working Capital: Definition, Formula, Uses
Unlike working capital, it uses different accounts in its calculation and reports the relationship as a percentage rather than nwc meaning a dollar amount. A business with positive net working capital typically has more current assets than current liabilities. This signals robust financial health since it’s indicative of the company’s ability to handle all short-term […]
Property Management Accounting 8 Best Practices
If you have multiple properties, you may want to consider opening a separate account for each. This popular accounting method uses two accounts for every transaction, one account is debited, and one account is credited, an example of this is a tenant deposit. The tenant’s account is debited, and the account for security deposits is […]