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Example Small Construction Firm Chart of Accounts
The Construction Accounting Chart of Accounts setup is foundational for accurately recording of job costs for operating a profitable construction business.
This file displays a suggested example Chart of Accounts for establishing the basis for a Job Costing Accounting setup for small construction contractors. Job costing is a methodical way for construction companies to keep track of all the costs involved in completing a project. With a proper job costing system in place, contractors can quickly narrow down which projects make the most profit — or cause the biggest losses.
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