Contractor Bookkeeping

DECEMBER 11, 2020

Effective bookkeeping produces the data you need to evaluate your current practices, anticipate challenges, and set attainable future goals. Smart Contractors know their time is more valuable spent meeting prospective clients, putting together bids, managing job sites, and many other things other than bookkeeping.

Accounting 76

Accounting Statistics Construction Bidding 76

Contractor Bookkeeping

OCTOBER 30, 2020

Bookkeeping embezzlement stems from a feeling of entitlement and the need to get even. Your bookkeeper or accountant will steal if they feel confident they can get away with it and if circumstances allow for it due to weak integrity and a sense of "Redistributing The Wealth, But Not The Work Or The Responsibility.".

Accounting 66

Accounting Contractors Estimating Construction 66

Contractor Bookkeeping

DECEMBER 4, 2020

One of the biggest concerns contractors have about outsourcing their bookkeeping to a cloud-based contractor accounting service like ours, is they think it means sending jobs off-shore rather than keeping your dollars in America where they can help other Americans. In too many cases, that is precisely what occurs.

Subcontracting 68

Subcontracting Accounting Contractors America 68

Contractor Bookkeeping

OCTOBER 27, 2023

Starting a new construction business is exciting but has its fair share of responsibilities. One of the most critical responsibilities is maintaining accurate records of your business transactions. From saving receipts to processing employee payroll, every money-related detail should be documented.

Construction 109

Construction Documentation Contractors 109

Contractor Bookkeeping

FEBRUARY 26, 2021

Many contractors like you feel like hiring a Professional Contractor Bookkeeping Service is a waste of money when you should do it yourself. Instead, what you get is a hot steaming pile of fertilizer that cannot even be used in the garden.

Contractors 77

Contractors Banking Profitability Resource 77

Contractor Bookkeeping

FEBRUARY 21, 2020

This is when most construction company owners think about getting their construction bookkeeping system in order, so they can file their annual tax return for the previous year. The tax season is here. Keep in mind that each branch of accounting serves a different function similar to how it works in construction.

Accounting 73

Accounting Contractors Construction 73

Contractor Bookkeeping

AUGUST 4, 2017

Contractors Want Paperless Bookkeeping Services To Avoid Hiring A Bookkeeper. The horror stories about bad bookkeepers (in-house or as 1099 contractors) are never ending. For this reason, Contractors are reluctant to interview or hire an outside bookkeeper. You Want Someone To: Take over the bookkeeping.

Contractors 49

Contractors Accounting Housing 49

Contractor Bookkeeping

DECEMBER 20, 2019

Here are five of the most common bookkeeping pitfalls, and some simple tips for getting back on track. Mixing business and personal expenses cost extra hours of bookkeeping each month and muddles your overall financial picture. Unfortunately, not keeping a close eye on your income and expenses can be very costly for a business.

Accounting 64

Accounting Banking Income Deals 64

Contractor Bookkeeping

MARCH 1, 2024

Many small construction business owners tend to handle their accounting and bookkeeping, especially when they've just started. However, keeping track of the finance side of the business– everything from income to expenses to tax compliance– can be overwhelming.

Accounting 109

Accounting Income Finance Construction 109

Contractor Bookkeeping

APRIL 12, 2019

I highly doubt that your answer is rooted in accounting tasks or involved any type of bookkeeping project at the slightest. However, I am reminding you now that being a company owner and doing your accounting and bookkeeping requires a totally different skill set from being a construction expert in your field.

Accounting 55

Accounting Contractors Schedule Resource 55

Contractor Bookkeeping

SEPTEMBER 25, 2020

But lack of knowledge, frustration, and even avoidance can add up to your bookkeeping mistakes that derail future company growth. Most construction business owners like you understand that effective financial management is key to your success.

Profitability 67

Profitability Contractors Management Construction 67

Contractor Bookkeeping

MAY 19, 2017

Construction Bookkeepers Without Training Is A Common Problem. Many Construction Bookkeepers start out as Admin Assistants and get promoted to doing the Contractor's Bookkeeping in their free time. They were not hired to be a bookkeeper but as an office person who does a little data entry.

Construction 61

Construction Office Contractors 61

Contractor Bookkeeping

MARCH 24, 2017

Contractors Struggle Between The Cost Of Having A Bookkeeper And The Value Received Because All Contractors Want To Have Is Peace Of Mind. Number 1 Frustration is discovering the contractor knows more about Construction Bookkeeping And Accounting than the bookkeeper they hired to do the job.

Contractors 60

Contractors Accounting Construction 60

Contractor Bookkeeping

FEBRUARY 22, 2019

Construction Bookkeeping is something you need to understand first, then learn. Some would take the time to hire an in-house bookkeeper – not knowing what they need is a Construction Bookkeeper/Accountant.

Accounting 52

Accounting Construction Office US 52

Contractor Bookkeeping

AUGUST 16, 2019

If a Contractors Bookkeeping Services System doesn't work and they want it fixed but will not allow any changes, they need a magician, not a construction bookkeeper. Our workflow removes paperwork frustrations only if the contractor is also willing to do their part.

Contractors 50

Contractors Construction US Finance 50

Contractor Bookkeeping

MARCH 11, 2016

But Not On Cheap Tools, Equipment, Material And Bookkeeping. Cheap Contractor Bookkeeping can cost more than the previous three combined because of what you don't see. Cheap Contractor Bookkeeping. To Hone Your Construction Accounting Skills Or Even Regular Bookkeeping. The True Cost Of A Cheap Bookkeeper At $15.00

Contractors 48

Contractors Accounting Profitability Equipment 48

Contractor Bookkeeping

APRIL 7, 2017

Messy Bookkeeping Happens Just A Little At A Time. When Contractors are doing their own bookkeeping, it becomes a problem that grows and grows. There is not any limits to the number of transactions that can be entered into QuickBooks improperly.

Contractors 49

Contractors 49

Contractor Bookkeeping

MAY 17, 2019

The calls, emails, messages, and walk-ins that our company deal with every day come from construction contractors, spouses or significant other, construction bookkeepers, advisors, students, and financial planners among others. I do my best to offer support even if it does not lead to an immediate request for our services.

Accounting 57

Accounting Contractors Income Deals 57

Contractor Bookkeeping

OCTOBER 25, 2019

Owning a construction business means you understand that bookkeeping is just one of those mundane, nasty, dirty, aggravating, grubby little chores you get stuck with along with its rotten scoundrel cousin the Monthly/Quarterly Tax Reports. If you have employees - look out! So they find someone else to do it.

Bidding 49

Bidding Construction Contractors Site 49

Contractor Bookkeeping

JANUARY 14, 2022

Most contractors are skilled technicians who learned their tradecraft in an apprenticeship program taught by a Master Technician, experience, or combination of these methods. There is a way to learn to operate your contracting company from a Master Contractor.

Construction 88

Construction Contractors Contract Products 88

Contractor Bookkeeping

MAY 15, 2015

It is the onslaught of "Cheap Bookkeeping Services" with an emphasis on Cheap! Contractor Bookkeeping Services Menu: | Good | Fast | Cheap |. They have engaged a bookkeeping service with data entry clerks trying to be bookkeepers! Here are the three biggest lies: "Bookkeeping Services $5.00 You Can Only Choose Two.

Contractors 48

Contractors Accounting Income Overhead 48

Contractor Bookkeeping

MARCH 31, 2017

C,ontractor Bookkeeping Basics and Why. Today’s technology says “Do Everything On Your Phone”. Use an app to create an estimate, or better yet just send the estimate in the body of the email. That works when the customer’s reply is “Do It”.

Contractors 48

Contractors Estimating Accounting 48

Contractor Bookkeeping

SEPTEMBER 9, 2022

Doing something different is hard. Do you feel like everyone else is the most brilliant person in the room, and you just don't get it? Getting into a rut and repeatedly doing the same things is easy. If those things work, then yes, continue to do them repeatedly.

Accounting 91

Accounting Construction Contractors 91

Contractor Bookkeeping

DECEMBER 19, 2014

One of the biggest concerns contractors have about outsourcing their contractors bookkeeping to a cloud based contractor accounting service like ours is t hey think it means sending jobs off-shore rather than keeping your dollars in America where they can help other Americans. In too many cases that is exactly what occurs.

Contractors 58

Contractors America Accounting 58

Construction Business Owner

FEBRUARY 15, 2021

I often tell business owners that QuickBooks is a software program, not a substitute for an accountant or experienced bookkeeper. We spend a lot of time helping construction companies using QuickBooks get their books in order, and we see a lot of the same mistakes over and over again.

Accounting 317

Accounting Software Software Construction 317

Contractor Bookkeeping

APRIL 28, 2017

We Make Contractor Bookkeeping Look Easy. Construction Bookkeeping and Construction Accounting is what we do. Because we do it every day, Monday through Friday and some holidays. This makes it over 300 days per year. With multiple clients, we are not new; it’s not new. The same goes in your field of Construction.

Contractors 61

Contractors Roads Remodeling Renovating 61

Contractor Bookkeeping

AUGUST 28, 2015

Bad Bookkeepers Have 38 Traits In Common. It is important to understand the difference between Professional Boo k keepers, Regular Bookkeepers and Bad Bookkeepers. Professional Bookkeepers invested the minimum of 10,000 hours that it takes to master the profession. It is painful for them and you. On to the 38 traits.

Profitability 48

Profitability Contractors Education Construction 48

Contractor Bookkeeping

JUNE 18, 2012

All Bookkeeping Methods Share The Same Accounting Equations. Regular Bookkeeping - Is roughly 80% of all accounting and bookkeeping for businesses in the world. Regular Bookkeeping - Is roughly 80% of all accounting and bookkeeping for businesses in the world. Cash On Hand. Bank Balance - Un-cleared Checks) = Cash.

Contractors 58

Contractors Profitability Overhead Equity 58

Contractor Bookkeeping

JANUARY 13, 2014

Providing outsourced contractors bookkeeping services. In most cases we can do it all for less than you will spend having an in-house bookkeeper, it will get done right and on time and you can have 24/7/365 online access to your financial reports. The advantages of hiring construction bookkeepers. Professional bookkeeper traits.

Contractors 61

Contractors Accounting Project Management Profitability 61

Contractor Bookkeeping

OCTOBER 20, 2012

Contractor Bookkeeping Services. Are You Suffering From Bad Bookkeeping Pain? Worse Yet Is Your Contractor Bookkeeping Service - Yanking your chain and training you like an organ grinder trains a monkey? Because we continually innovate and improve our outsourced bookkeeping services for contractors!

Contractors 56

Contractors Accounting Organization Remodeling 56

Contractor Bookkeeping

MAY 15, 2013

At networking events contractors have asked me about the risks of someone working in an undisclosed location handling their construction bookkeeping records. Virtual Bookkeepers. Because when, not if, any one of those things happen your contractors bookkeeping services needs will be way down the list of what is important.

Contractors 49

Contractors Accounting Office Documentation 49

Contractor Bookkeeping

JANUARY 23, 2015

Construction Bookkeeping Myths And Legends And Here Are A Few. Contractor Bookkeeping Services Bookkeeping Services Emergency Accounting' "The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge.". Over The Past Few Decades We Have Heard And Read Some Really Good.

Accounting 48

Accounting Construction Contractors 48

Contractor Bookkeeping

JANUARY 8, 2016

Outsourcing Your Construction Bookkeeping Works Best When: Your construction company is small with 1-10 employees and doesn't need a full-time bookkeeper. You don't have the time, energy or money to setup an office, hire a bookkeeper and babysit them!

IDEA 48

IDEA Construction Office Accounting 48

Contractor Bookkeeping

SEPTEMBER 15, 2017

But, I know what you need is proof that I know what I am doing so let me condense several decades of experience into these twelve warning signs you hired the wrong contractor bookkeeping service. Here are these twelve Signs You Hired The Right Contractor Bookkeeping Service.

Contractors 52

Contractors Accounting Finance Construction 52

Contractor Bookkeeping

NOVEMBER 18, 2016

Picking A Get Me By Contractor’s Bookkeeping Solution in many cases is using an Excel Spreadsheet and a shoebox, file folders all dumped into a file box and looking at the Online Banking once in a while. This accounting method is the “I still got money so I must be okay.”.

Banking 48

Banking Contractors Accounting Construction 48

Contractor Bookkeeping

APRIL 17, 2015

Did You Hire A Bookkeeper For Your Construction Company And. Is efficient bookkeeping difficult to achieve? Are you babysitting your bookkeeper who is supposed to be saving you time and money, not causing you to multitask instead of focusing on things that make you money? Now You Feel Like You Have An Adult Day Care Center?

Contractors 48

Contractors IRS Accounting Software 48

Contractor Bookkeeping

AUGUST 19, 2016

Construction Contractors Have Experienced The Worst Economic Times In The Past 100 Years And Now That You Are Getting Busy You Cannot Find A Decent Reliable Bookkeeper. Four Things Contractors Are Saying About Bookkeepers: #1 I've been trying to hire a bookkeeper for my contracting company for a while and none of them are worth a darn! #2

Cash Flow 48

Cash Flow Contractors Contract Construction 48