Step-by-step, easy-to-follow guidelines for setting up and maintaining records for your building business. This practical guide to all accounting methods shows how to meet state and federal accounting requirements, explains the new depreciation rules, and describes how the Tax Reform Act can affect the way you keep records. Full of charts, diagrams, simple directions and examples, to help you keep track of where your money is going.

Recommended reading for many state contractor's exams. Each chapter ends with a set of test questions, and a CD-ROM included FREE has all the questions in interactive self-test software. Use the Study Mode to make studying for the exam much easier, and Exam Mode to practice your skills. You will need a computer with a CD-ROM drive running Microsoft Windows.