This article continues the series ofcreating a report that shows your vendor or subcontractor expenses, for an insurance audit, from your QuickBooks Online software. However, unlike the first blog in this series, this article will included expenses that have been capitalized into a Work-In-Progress asset account, such as for Spec home builders. To recap the
Read MoreThis article deals with creating a report that shows your vendor or subcontractor expenses, in summary form, for an insurance audit, from your QuickBooks Online software. Typically for workers compensation and other related liability insurance reasons, the insurance company will ask for financial reports such as: If your books are up to date, then obtaining
Read MoreThis article addresses two popular financial reports that insurance auditors typically request from a business for general liability purposes (Also known as an Insurance Premium Audit). Please Note: Your particular insurance auditor may request information such as: Sales/Receipts Financials including the P&L OCIP Sales/Cost by Project Direct Labor Costs as a percentage of
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