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From labor costs to materials, knowing the details of your cash flow is the first step to building a more efficient and profitable construction business. This lesson walks you through how to set up an accurate chart of accounts as a contractor, so you can easily track different types of income and expenses as you take on new jobs.

The Contractor’s Chart of Accounts: How to Structure Your Books

Keeping petty cash topped up ensures you can cover spur-of-the-moment expenses while tracking day-to-day spending.

How to Use a Petty Cash Record Book

Mixing business and personal transactions can create financial blind spots, run up your tax bill and make it difficult to plan for the future. Here’s how to separate them properly.

Separating Business and Personal Finances: A Checklist

Streamline your books and learn more from your financial data by avoiding these common chart of accounts problems. Learn how to customize, simplify, and maintain a CoA that works for your operation.

5 Common Chart of Accounts Problems and How to Solve Them

A carefully calibrated chart of accounts can serve as a business management tool

Building a Chart of Accounts that Works for You

A template chart of accounts for contractors and owner-operators in construction. 