Although not intentional, this could be considered a part 2 of last Friday’s blog/podcast episode or a continuation post dedicated to all brand-new contractors who just started their own company, to trade professionals who would like to restart their bookkeeping system, or simply to all our valued email subscribers – old and new.

The time, effort, and money you’ve put through in running your construction business is a testament of your commitment to this industry. So, let me start this guide by telling you to do what you do best and outsource the rest. The “rest” as you know, is where your cash flow and profit depend – construction bookkeeping and accounting.

xero contractor desktop

Utilizing QuickBooks or Xero rely upon how you get paid, the type of work your company does, and if you need job costing. Xero accounting online works best if you:

Need to get paid faster and easier
Have simple jobs you invoice individually
Need to invoice customers at the job site
Need KPI (Key Performance Indicator) Financial Reports
Want professional Construction Accounting at lower costs

Xero Accounting Online saves us time in data entry which means we can offer contractors bookkeeping services at substantial savings over QuickBooks bookkeeping services and provide more in-depth financial reporting with some of the reports being updated within seconds of when the transactions are received.

Invoicing In The Field - when you or your employee finishes a job you can use your smartphone, tablet or web-enabled device to put together an invoice and if you are connected to the web Xero will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence.

The Key To Making Xero Accounting Online Work is having it properly setup and maintained. It is easy enough that anyone can setup the basic company file just like anyone can get on a backhoe and run it. Especially if you have watched the professionals do it for several years as I have because they make it look so "Easy...".

Perhaps you own a service and repair firm that specializes in plumbing, electrical, HVAC, or maybe a handyman service or someone who does small construction projects that last from a few hours to a few days and you only need to give your customer or client one invoice?

If this describes you then perhaps Xero Accounting Online is a better fit for you than QuickBooks.

Xero Accounting Online Conversion

Do you want to use Xero Accounting Online, but dread moving everything from QuickBooks or some other accounting software? We can do it all for you:

Enter all of your year-to-date transactions
Enter all of your Accounts Receivable (Sales)
Enter all of your Accounts Payable (Purchases)
Previous year-end bank, credit card and other account balances
Activate your bank and PayPal feeds for downloading into Xero
Enter all your customer and vendor contact information

Xero Accounting Online Setup

If you are a new company just starting out if you qualify we can set up your company on Xero Accounting Online and give you 30 days of Xero Accounting Online for FREE so you can find out if Xero is right for you!

Set up your organization in Xero Accounting Online
Prepare an application for Tax-ID number, if needed.
Set up your Chart of Accounts
Connect your bank and PayPal feeds
Give you a tour of the system and how it works
Provide ongoing virtual CFO support (We are more than bookkeeping services provider!)
Contact Sharie 206-361-3950 or email sharie@fasteasyaccounting.com

Xero Bookkeeping Services:

Invoicing
Daily reconciliation of bank feeds
Weekly reporting
Monthly reporting
Year-end reporting for your tax preparer
Year-end updates and adjustments from your tax preparer
Options for payroll
Options for time keeping and project management
Options for receipt storage

We are also pleased and honored to let you know that we recently received an award from Xero. We are extremely grateful for the recognition of our work and will continue to provide value to our clients by providing Xero accounting services.

About The Author:

Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant, and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.

Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Check out our Contractor Success Map Podcast on iTunes.

The Information Shown Below Is From Fast Easy Accounting

OUTSOURCED ACCOUNTING FOR
THE BUSY CONTRACTOR
IN A MOBILE ENVIRONMENT

Download the Contractors APP today from the App Store or Android Store

Access Code: FEAHEROS

Click here to download the App on Android:

Click here to download the App on iOS:

Simply scan the QR code or search for ‘MyAccountants’ in the App Store and enter the Access code: FEAHEROS to utilize the powerful App features and capabilities, and benefit from having our Construction Accounting App at your fingertips, 24/7."

PS: Even if you are not a Construction Contractor you will find a plenty of benefits in the app so we invite you to download it too! It's Free so why not?

When You Become A Client - Then we can tap into our resources of knowledge and strategy banks. We use the reports hidden in your QuickBooks in order to diagnose and understand your construction business and develop plans and help you implement a path to success for you and you alone because every contractor has unique Strengths, Weaknesses, Opportunities and Threats (S.W.O.T. Analysis) that when understood can lead to a Strategic Roadmap which cannot help but make a lot of money.

We Remove Contractor's Unique Paperwork Frustrations

For Construction Company Owners who do not need the full power of a QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online, and we have a custom setup for construction companies. Click Here For More.

This Is One More Example of how Fast Easy Accounting is helping construction company owners all across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that, and a lot more valuable to people like you so stop missing out! Call Sharie 206-361-3950 or sharie.com and schedule your no charge one-hour consultation.

Profitable Contractors and Construction Company owners have known about the value of outsourced bookkeeping services and contractor coaching services like ours for a long time, and now you know about it too!

Thank You For Reading This Far, And I Hope You Understand we really do care about you and all contractors regardless of whether or not you ever hire our services.

We Scan Your Receipts, And Invoices link the appropriate transactions to QuickBooks or Xero Accounting Online depending on the construction accounting service you are using and provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.

Our Contractor Bookkeeping Services System Is A System

Thinking About Outsourcing Your Contractors Bookkeeping Services To Save Time And Money?

Click On The Button Below To Download A Free Guide

Business Process Management (BPM) For Contractors

Need Help Now?

We Are Xero Accounting Experts Specializing In Construction Bookkeeping Services

PS: For The Do-It-Yourself Construction Bookkeeper Our Store Has Chock-Full Of QuickBooks Setup Templates, QuickBooks Chart of Accounts And More.

Most Contractors Setup QuickBooks Desktop Version In One Of Three Ways:

#1 EZ Step Interview inside QuickBooks Setup
#2 Asked Their Tax Accountant To Setup QuickBooks
#3 They Attended A How To Setup QuickBooks Class Or Seminar