article thumbnail

Estimating- The New Normal

Chianelli Estimating

social distancing, staggered start times, wide-ranging disinfection for tools, work surfaces, equipment, machinery and hands. Unfortunately the contractor with work in progress is most vulnerable. Insurances; Workers compensation, General Liability, Risk. cost overruns. many more not listed……. Desk & chairs.

article thumbnail

Construction Bookkeeping Unique Features

Contractor Bookkeeping

Expenses - Overhead required to maintain business operations. Expenses - Overhead is extremely complex because some expenses in regular Accounting are actually Cost of Goods Sold in construction accounting. Chart of Accounts Insurance Health And Dental. Chart of Accounts Insurance Liability. Chart of Accounts Design Fees.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Chart of Accounts Work-In-Progress For Land Developers. Chart of Accounts Work-In-Progress For Land Development Into Lots. Chart of Accounts Work-In-Progress For Spec Builders. Chart of Accounts Work-In-Progress For Spec Home Into Rentals. Chart of Accounts Insurance Builders Risk.

article thumbnail

Is Your Accountant Helping Or Hurting Your Construction Company?

Contractor Bookkeeping

Work-In-Progress. Inland Marine Insurance. Overhead & Profit Charges. When my parents used words like: Job Deposit. Change Order. Payment Application. Periodic Draw. Underground. Charge Backs. Retention Held. Retention Billed. Balloon Framing. Bond For License. Underbilling. Overbilling. Earned Value. Bid Deposit.

article thumbnail

Costly Construction Software Vs. QuickBooks For Contractors

Contractor Bookkeeping

Work In Progress (WIP) Reporting. Insurance Audit Support Service. per hour plus taxes and overhead) adds 5,058 to the cost of the software. Sales Tax Returns. Payroll Processing. Payroll Tax Returns, 941 and 940. Contractor Invoicing. Preparing Pay Application Invoicing For Remodel. Job Deposit Tracking.

article thumbnail

Cloud Based Contractors Bookkeeping Services

Contractor Bookkeeping

Would you like to reduce your employee count and related overhead costs? Work In Progress (WIP) Reporting. Contractors Liability Insurance Audit Support. Worse Yet Is Your Contractor Bookkeeping Service - Yanking your chain and training you like an organ grinder trains a monkey? What Do You Need Today?

article thumbnail

Contractor Bookkeeping Services

Contractor Bookkeeping

Would you like to reduce your employee count and related overhead costs? Work In Progress (WIP) Reporting. Contractors Liability Insurance Audit Support. Worse Yet Is Your Contractor Bookkeeping Service - Yanking your chain and training you like an organ grinder trains a monkey? What Do You Need Today?