How to Create a Construction Chart of Accounts

Contractor Success Forum

Contractor Success Forum
How to Create a Construction Chart of Accounts
Mar 05, 2024 Season 1 Episode 154
Contractor Success Forum

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The foundation of any robust construction accounting system lies in a well structured chart of accounts. But building one can be tricky. Let's walk through it.

Topics we cover in this episode include:

  • Walking through the Chart of Accounts
  • How to treat retainage properly in your Chart of Accounts
  • Cost of revenue categories

LINKS

Visit the episode page at https://carpentercpas.com/chartofaccounts for more details and a transcript of the show.

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
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