Shownotes
Sheri Allshouse is back to share a few commonly overlooked financial accounts that could be costing you money. Sheri is a CPA with an expertise in home building and construction. Her firm is The Allshouse Group in Houston, Texas.
If you missed Episode 8: Common Tax Questons with Sheri, be sure to check it out!
If you’re interested in the financial book Sheri recommends, visit:
https://amzn.to/2ZkRGPq
And finally, if you want The Allshouse Group’s financial checklist, they have generously offered it to our listeners for free. Please email Avi at AvirieF@AllshouseGRP.com. In the subject line, please write “Building Optimal – QB Check List.”
Show Notes:
[3:30] – Reconciling bank statements.
[10:05] – Reconciling credit cards.
[15:00] – Considerations for accounts payable and receivable.
[23:40] – Considerations with the inventory account.
[24:50] – Customer deposits.
[31:06] – Classifying contracts.