Contractor Bookkeeping

AUGUST 4, 2014

Ever Wonder Why Some Competitors Seem To Have More Cash Flow And Profit Than You? Earning enormous amounts of cash and profits in any business is simple, not easy, but simple if you know what to do. Joe The Plumber''s Story: I met a plumbing contractor in the mid 1970''s who was very profitable.

Profitability 49

Profitability Contractors Accounting Documentation 49

Contractor Bookkeeping

SEPTEMBER 11, 2012

If after reviewing these questions if you would like to have an open and honest conversation with us about outsourced accounting for your contracting company please contact Sharie at 206-361-3950 or sharie@fasteasyaccounting.com. 07 - Are you are having cash flow problems? #08 Not here, not ever!

Accounting 57

Accounting Contract Cash Flow Contractors 57

Contractor Bookkeeping

AUGUST 30, 2013

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. There are dozens more differences between construction accounting and regular accounting.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Contractor Bookkeeping

JULY 30, 2014

Builder Accounting begins with a proper QuickBooks setup For Spec Home Builders. When Everyone Is On The Same Page Paperwork flows like a Waltz in an old time movie, moving between the participants as needed. Accountants do not have a crystal ball and or a magic wand…It Is True – Garbage In = Garbage Out.

Accounting 49

Accounting Housing Construction Contractors 49

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Poor scheduling affects production and cash flow. Work-In-Progress (WIP) report the ultimate gauge for cash flow and least understood. Ignoring Profit Centers and Key Performance Indicators (KPI).

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

DECEMBER 1, 2012

Construction Companies - In Washington State contractors selling material (as part of your service) is a taxable event. You Can Pay Sales Tax - On every purchase as you go if you have unlimited cash flow? tax the rental company charged off your bottom line profit. Who is the customer? When is sales tax paid?

Certification 53

Certification Washington Contractors Accounting 53

Contractor Bookkeeping

APRIL 1, 2014

We Are Construction Accountants. We show you how to remove unique cash flow bottlenecks which are common in contractors bookkeeping, that results in more money in the bank, reduced overhead and lowers their stress level. QuickBooks Outsourced Construction Accounting Services. Can You Relate To This?

Accounting 49

Accounting Contractors Project Management Cash Flow 49

Contractor Bookkeeping

SEPTEMBER 20, 2013

Wealthy contractors have a secret system that shows them what to do, when to do it, how much it will cost, how long it will take to be paid back, the Return on Investment and they use the new cash flow and profits to do it over and over and get richer and richer! Marketing + Accounting + Production.

Profitability 50

Profitability Contractors Accounting Montana 50

Contractor Bookkeeping

OCTOBER 1, 2013

Wealthy contractors have a secret system that shows them what to do, when to do it, how much it will cost, how long it will take to be paid back, the Return on Investment and they use the new cash flow and profits to do it over and over and get richer and richer! Marketing + Accounting + Production.

Profitability 49

Profitability Contractors Accounting Montana 49

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Starting Or Re-Starting A Construction Company Is Easy.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

DECEMBER 20, 2013

Online Invoicing and Bill Pay is the next great leap in productivity since the introduction of the cell phone!" - Randal DeHart, Premier Construction Accountant. Randal DeHart, Premier Construction Accountant. Fast And Easy – Access your online Bill.Com account in a few seconds to start sending invoices and paying bills.

Profitability 48

Profitability Accounting Construction Security 48

Contractor Bookkeeping

SEPTEMBER 1, 2014

For Example - The simple Profit & Loss Report Can Be Shown Four Different Ways With Little Effort. The First Two Profit & Loss Reports Show Accrual Basis Vs. Cash Basis. The Next Two Profit & Loss Reports Show Accrual Vs. Cash And % of Income. This may sound too good to be true and yet it is not.

Contractors 48

Contractors Accounting Cash Flow Profitability 48

Contractor Bookkeeping

OCTOBER 18, 2013

If your bookkeeper is an employee and they have no equity interest in your company they do not have the same concern about your construction company''s cash flow and bottom line profit that you do because when it fails they can blame you for "Not knowing how to run a business" and go wreak havoc elsewhere.

Contractors 48

Contractors Bankruptcy Cash Flow Accounting 48

Contractor Bookkeeping

SEPTEMBER 25, 2013

If you are doing construction work in Washington State You can start here https://fortress.wa.gov/lni/bbip/Search.aspx - mobile app is coming. If they have employees check their workers’ compensation account and claim history. In Washington State you can do it through The Department of Labor And Industries. Pay unemployment tax.

Contractors 49

Contractors Cash Flow Washington Compensation 49

Contractor Bookkeeping

MAY 28, 2014

Can Help You Overcome the challenges of Marketing, Accounting and Production by focusing on the keys to unlock your contracting company natural inclination to generate consistently high cash flow and profits. Xero Outsourced Construction Accounting Services. On iTunes And All Major Podcast Outlets.

Contractors 48

Contractors Accounting Profitability Cash Flow 48

Contractor Bookkeeping

NOVEMBER 18, 2013

They are all from the Washington State Department of Labor & Industries website. There are an infinite number of reasons why most construction companies do not generate a minimum 20% net profit and a six figure after tax income for the owners. There Are Three Links With FREE Downloads. No Form To Fill Out - Just Click And Go!

Accidents 48

Accidents Accounting Construction Profitability 48

Construction Business Owner

DECEMBER 9, 2011

ACCOUNTING |. Accounting & Finance. For Washington, please visit the Washington State Department of Labor & Industries. Thank you for writing the following account. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |.

Construction 136

Construction Insurance Software Software 136

Contractor Bookkeeping

NOVEMBER 15, 2013

. #02 Primary Financial Reports like Profit & Loss and Balance Sheet how your construction company is doing from a big picture view like looking out the window of an airplane cruising at 30,000 feet. 03 Job Costing Reports like Profit & Loss By Job, Job Profitability and Estimates Vs. . #03 QuickBooks Cash Report.

Accounting 48

Accounting Construction Profitability Project Management 48

Contractor Bookkeeping

AUGUST 13, 2014

I Do Like Managed Risks - Which is anything I can control the input and have a greater than breakeven chance of making a profit. Knowledge Leads To Profits And Cash Flow. One Tiny Bit Of Knowledge High Profit Contractors. At 10% Profit You Need $15,544.20 More Sales To Maintain Profit Margin.

Contractors 48

Contractors Accounting Profitability CA 48

Contractor Bookkeeping

DECEMBER 20, 2013

We Can Setup Bill.Com for most businesses and for all construction companies because we are Bill.Com certified and Bill.Com Guru''s and construction accountants with deep background in construction, construction accounting systems, QuickBooks For Contractors and Xero Accounting Online.

Contractors 48

Contractors Accounting Cash Flow Construction 48

Contractor Bookkeeping

MARCH 13, 2014

The truth is the most successful, wealthy, highly profitable construction contractors don''t like change. Six keys helped us out perform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family.

Accounting 48

Accounting Construction Contractors Profitability 48

Construction Business Owner

SEPTEMBER 29, 2021

How Construction Companies Can Boost Cash Flow and Profitability. How your company pays for purchases and manages expenses impacts your employees, your customers, and your key business metrics, including profitability. Streamline the accounting process. Improve cash flow with faster billing.

Management 291

Management Virgin Islands Cash Flow Puerto Rico 291

Contractor Bookkeeping

JANUARY 27, 2014

Construction Accounting Services For Home Builders. Spec Home Builders Have Unique Construction Accounting Needs : Keeping Track Of Specialty Contractor Costs - Is one of the most valuable things your contractors bookkeeping services can do for you. The best way is to use Purchase Orders in QuickBooks.

Contractors 49

Contractors Accounting Banking Profitability 49

Contractor Bookkeeping

AUGUST 25, 2014

In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global economy and the micro local economy can plan ahead and earn a normal profit after paying the owners a reasonable salary. Pent Up Demand #01 - Deferred maintenance.

Contractors 48

Contractors Accounting Hawaii Profitability 48

Contractor Bookkeeping

JULY 28, 2014

All construction problems are related to cash flow or communication. As soon as I need money I will ask for it - See Cash Flow Diagram. I have many charge accounts at suppliers everywhere. I have a little cash in savings I can use for a while. I don''t want to appear financially weak in front of my staff.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Contractor Bookkeeping

JULY 4, 2012

Construction Company Owners - Need specialty accounting and bookkeeping services needs which is totally different than standard accounting. Your Bookkeeping Right And On Time Randal DeHart is "The Contractor's Accountant". Then I focus on helping you increase your construction company's Profit and Growth. E-Mail Us Now!

Contractors 48

Contractors Cash Flow Accounting Washington 48

Contractor Bookkeeping

SEPTEMBER 13, 2013

Having worked with contractors for a very, very long time the one thing we see highly profitable contractors do that other contractors don''t is they all have a documented Business Plan which they review and update during the two weeks following the end of every calendar quarter. 20% of your customers normally generate 80% of your net profit.

Plans 48

Plans Contractors Cash Flow Profitability 48

Contractor Bookkeeping

FEBRUARY 10, 2014

Your Tax Bill Is Based - On reports produced from your accounting system. Several years ago the accounting departments of smaller construction companies with less than $10M in annual sales had to slog through dozens of mind numbing General Journal Entries in order to "Close The Books". Reconcile Bank And Credit Card Accounts.

Accounting 48

Accounting Construction Banking Project Management 48

Contractor Bookkeeping

SEPTEMBER 27, 2013

What do you think would happen if a tax accountant with no construction skills tried to build a house and called you for some advice over the phone because it cannot be that hard! The construction bookkeeping is done in QuickBooks and during the QuickBooks setup there are some special accounts and lists that we install ahead of time.

Banking 49

Banking Change Orders Accounting Cash Flow 49

Contractor Bookkeeping

DECEMBER 13, 2013

If Has Just Happened to you please stop and click on Emergency Accounting or call Sharie 206-361-3950 or email her Sharie@FastEasyAccounting.com and get help now! When it happens you have a full blown emergency accounting situation! And Worst Part Is - She had no idea that Construction Accounting is the hardest bookkeeping of all!

Deals 48

Deals Accounting Banking Contractors 48

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Bank Accounts - Set up two bank accounts in your company name.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. You say O.K.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

DECEMBER 20, 2012

07 - Are you are having cash flow problems? #08 Bad Bookkeepers , Cheap Bookkeepers , Incompetent Bookkeepers, Bookkeepers That Steal From Contractors, and Tax Accountants not skilled in Construction Accounting can destroy your construction company and leave you stranded on the highway of commerce. #10 Need Help Now?

Contractors 48

Contractors Accounting Cash Flow Construction 48

Contractor Bookkeeping

APRIL 20, 2013

Your customers and clients are busy with their own lives and most of them need to be reminded about how much they owe you in order for you to get paid and maintain your cash flow. Read a true story of one of our clients who experienced this first hand: Remodel Contractor - Edmonds Washington. "On But you know what he said………. “No

Contractors 48

Contractors Documentation Office Cash Flow 48

Contractor Bookkeeping

AUGUST 9, 2012

Yes, I know that sounds a bit harsh please understand it comes from over thirty years of experience in the construction industry both as a contractor, a construction accountant and a profit and growth coach for a few select construction company owners. I have been there, done that, got the T-Shirt, the tattoo and sang a song about it.

Organization 48

Organization Contractors Accounting Profitability 48

Contractor Bookkeeping

MAY 22, 2013

An accounting and bookkeeping firm has found an innovative way to leverage Qvinci Software''s free version of Qvinci, called Solo, to streamline its operations and deliver value to clients. Here is the story: Randal DeHart is an accountant in Lynnwood, Washington, just outside Seattle. The Short Video Below Tells The Story.

Contractors 48

Contractors Accounting Software Software 48

Buisness Facilities Contributed Content

APRIL 15, 2014

Create Rebate Program: An incentive that may be offered at the discretion of the director of the Arkansas Economic Development Commission in highly competitive situations, it provides annual cash payments based on a company’s annual payroll for new, full-time, permanent employees. TAX INCENTIVES. For more information please visit this link.

Income 108

Income Finance Zoning Employment 108