Contractor Bookkeeping

SEPTEMBER 27, 2012

Outsourced Bookkeeping Services Red Flags For Construction Company Owners. If You Own A Construction Company - Then you understand that construction bookkeeping is one of those mundane, nasty, dirty, aggravating, grubby little chores you get stuck with along with its rotten scoundrel cousin the Quarterly Tax Return.

Contractors 55

Contractors Office Accounting Overhead 55

Contractor Bookkeeping

JULY 22, 2014

At networking events, construction contractors have asked me if we are cheaper than a virtual bookkeeper is. I like to clarify the question by asking if they mean a virtual assistant or a virtual bookkeeper. There is a HUGE DIFFERENCE between a virtual assistant and a virtual bookkeeper. Virtual Bookkeeper Trap #1.

Contractors 48

Contractors Accounting Office Documentation 48

Contractor Bookkeeping

OCTOBER 3, 2013

Bad Bookkeeper embezzlement stems from a feeling of entitlement and the need to get even. Listed below are some of the reasons bookkeepers have used to explain why they did it: #01 “I’m really not 100 percent sure why I did it. 02 "I hate bookkeeping, anyway.". #03 I’ve been thinking about that the last two-plus years.”. #02

Accounting 49

Accounting Banking Construction Contractors 49

Contractor Bookkeeping

DECEMBER 13, 2013

What To Do When Your Bookkeeper Leaves You Stranded! Every Day Hundreds of construction company owners across the country and around the world are arriving to work with a full work load of projects that "Absolutely, Positively Must Get Done Today" only to find their bookkeeper is gone. The Bookkeeper Has Disappeared - Quit!

Deals 48

Deals Accounting Banking Contractors 48

Contractor Bookkeeping

DECEMBER 20, 2013

For example a part-time bookkeeper paid $15.00 What would it be worth to you in time saved, misunderstandings with the bookkeeper and general aggravation? an hour will cost you approximately $25.29 an hour after all of the taxes and overhead. What is it worth to you to have a U.S.A. What is it worth to you to have a U.S.A.

Profitability 48

Profitability Accounting Construction Security 48

Contractor Bookkeeping

JUNE 21, 2012

Bookkeeper Theft - Is another risk to be aware of because Bad Bookkeepers and Incompetent Bookkeepers have been known to re-distribute your wealth if they believe you are earning too much money. Our bookkeeping system is setup so that we NEVER HAVE ACCESS TO YOUR MONEY. We simply do your bookkeeping.

Profitability 48

Profitability Contractors Banking Change Orders 48

Contractor Bookkeeping

OCTOBER 7, 2013

Online bookkeeping has several advantages: 24/7 Access to your accounting data. There is another solution for online bookkeeping that many mid-sized, rapidly growing businesses are using it is an Application Service Provider (ASP) to host your QuickBooks bookkeeping software and store your financial data on their servers.

Accounting 48

Accounting Contractors Documentation Profitability 48

Levelset

SEPTEMBER 14, 2022

You’ve made a significant investment in tools and equipment, so a theft of business items could cost you money. For electronic recordkeeping, bookkeeping, and accounting, cyber insurance is a must-have. Tool or equipment floaters. Cyber insurance.

Insurance 98

Insurance Liability Claims Injury 98

Contractor Bookkeeping

NOVEMBER 3, 2012

A lot of contractors are told to email QuickBooks contractor data files to their tax preparer, bookkeeper or any number of places and continually put themselves at tremendous risk of identity theft or worse. The reason is because fewer people have access to postcards send in the mail than have access to your email.

Contractors 49

Contractors Security Accounting Software 49

Contractor Bookkeeping

OCTOBER 4, 2013

Tell them you are working with a construction accountant that is involved with the bookkeeping and accounting and that you have a totally separate firm that prepares your Annual Federal Tax Return. No construction bookkeeping service needs to ever be in your office unless you invite them. 3 Your Income Tax Return Preparer.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

MAY 28, 2013

The frightening consequence of the 80/20 rule is that 8 out of 10 hours we spend at work drive almost no value to the bottom line and the biggest drain is trying to save money doing our own contractor bookkeeping instead of reviewing the Key Performance Indicator (KPI) Reports.

Contractors 48

Contractors Negotiation Banking Accounting 48

Contractor Bookkeeping

MARCH 16, 2013

I Want To Meet And Chat With The Person - Having issues with the bookkeeping. I want to know who is doing the bookkeeping now and how it is working for you. Our Construction Bookkeeping Services. We Never Touch Your Money - And we recommend you stay away from Bad Bookkeepers, Accountants and C.P.A.'s

Contractors 48

Contractors Accounting Banking Office 48

Contractor Bookkeeping

JULY 29, 2022

Recent employee theft statistics are increasing, and small business owners are more vulnerable to the problem. Some standard methods include: redirecting company checks to personal accounts and altering entries to cover up the theft. The most common embezzlement methods include billing fraud, cash on hand, and check tampering.

Inventory 95

Inventory Statistics Construction Security 95

Contractor Bookkeeping

JUNE 13, 2012

We Have All Heard - “Garbage In” and “Garbage Out” It is becoming more common to do the bookkeeping “fast” after all it should only take about 10 minutes a day. Another Dirty Little Secret - You may not be aware of is some tax accountants send the bookkeeping to a cheap bookkeeper somewhere in the world.

Accounting 48

Accounting Banking Profitability Income 48

Levelset

OCTOBER 19, 2022

But if your procedures are perfect and you think the problem is an overworked financial staff, you can think about employing a part-time bookkeeper or financial controller to help balance the burden. This type of insurance protects against calamities like fire, wind damage, theft, and vandalism while the property is under construction.

Contractors 98

Contractors Lien Construction Finance 98