Professional Certificate in Contractor Bookkeeping Basics
-- viewing nowThe Professional Certificate in Contractor Bookkeeping Basics is a comprehensive course designed to equip learners with essential bookkeeping skills for the construction industry. This program highlights the importance of accurate financial record-keeping, which is crucial for any contracting business's success.
4,099+
Students enrolled
GBP £ 140
GBP £ 202
Save 44% with our special offer
About this course
100% online
Learn from anywhere
Shareable certificate
Add to your LinkedIn profile
2 months to complete
at 2-3 hours a week
Start anytime
No waiting period
Course Details
• Contractor Bookkeeping Basics Introduction: Understanding the importance of bookkeeping, financial management, and regulatory compliance for contractors.
• Contractor Business Structures: Examining various business structures and their impact on bookkeeping and taxation.
• Setting Up a Contractor Bookkeeping System: Choosing and implementing an appropriate bookkeeping system, including accounting software recommendations.
• Recording Financial Transactions: Documenting income, expenses, and other financial activities for contractors.
• Managing Contractor Cash Flow: Tracking and optimizing cash flow, including managing accounts receivable and payable.
• Tracking Project Costs: Monitoring job costs, labor costs, and material costs for accurate job costing and profitability analysis.
• Preparing Financial Statements: Generating financial statements, including income statements, balance sheets, and cash flow statements, for contractors.
• Understanding Tax Requirements: Complying with federal, state, and local tax regulations, including sales tax, payroll tax, and income tax.
• Recordkeeping and Document Retention: Maintaining organized records for tax audits, legal compliance, and business management.
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
Why people choose us for their career
Loading reviews...
Frequently Asked Questions
Course fee
- 3-4 hours per week
- Early certificate delivery
- Open enrollment - start anytime
- 2-3 hours per week
- Regular certificate delivery
- Open enrollment - start anytime
- Full course access
- Digital certificate
- Course materials
Get course information
Earn a career certificate