Contractor Bookkeeping

DECEMBER 20, 2013

an hour after all of the taxes and overhead. What is it worth to you to slash your overhead cost and get all your contractors bookkeeping done for a fraction of what you are spending now with an in-house bookkeeper and their drama? For example a part-time bookkeeper paid $15.00 an hour will cost you approximately $25.29

Profitability 48

Profitability Accounting Construction Security 48

Contractor Bookkeeping

AUGUST 29, 2013

an hour plus overhead. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is experienced as a Contractor, Project Management Professional and Construction Accountant and Intuit ProAdvisor.

Contractors 52

Contractors Accounting Banking Project Management 52

Contractor Bookkeeping

SEPTEMBER 20, 2013

The Screenshots Below Were Taken In Our Lynnwood Washington Office. 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. Job Costing report anytime YOU want it!

Contractors 48

Contractors Accounting Profitability Overhead 48

Rory Woolsey

APRIL 4, 2012

Bare is exactly that; it is the bare cost of the direct activities less any mark ups for labor burden, taxes, bond, overhead and profit. All direct costs are then adjusted to include home office overhead and profit for the installing contractor. Site overhead costs can be 5% to 15% of the overall project cost.

Estimating 45

Estimating Construction Overhead Budgeting 45

Contractor Bookkeeping

MAY 5, 2014

This means you will send a plumbing drain technician to clean the main drain of the restaurant four times a year at a cost to your company of $75 for labor and overhead each = $300. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. Visit [link] to learn more.

Cash Flow 48

Cash Flow Agreement Profitability Contractors 48

Contractor Bookkeeping

FEBRUARY 5, 2014

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. Breakeven - Very difficult to calculate because most projects are one-of-a-kind custom jobs. Visit [link] to learn more.

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

JULY 24, 2014

That person might make $15 dollars an hour and by the time you add overhead for labor burden they cost your construction company $25.29 The only reason more contractors haven’t started down this road is because most construction companies are poorly managed, which means they all kind of level out against each other.

Contractors 49

Contractors Accounting Banking Project Management 49

Contractor Bookkeeping

AUGUST 13, 2014

an hour that means with all of the employment taxes and overhead he costs you roughly $35.64 About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. If Henry Wastes Thirty Minutes A Day - And you pay him $25.00 Which means you lost you lost $17.82

Contractors 48

Contractors Accounting Profitability CA 48

Rory Woolsey

MARCH 20, 2012

Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972. Kaiser Constructors and has worked on projects ranging from heavy, military, industrial, commercial and residential. He is also affiliated with The Wool-Zee Company, Inc.,

Estimating 40

Estimating Construction Overhead Structural Engineering 40

Rory Woolsey

FEBRUARY 28, 2012

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). Good project managers will always know where these project metrics are because they are indicative of the immediate health of the project. construction consultants. The WAG Way!!

Estimating 40

Estimating Cash Flow Budgeting Budget 40

Contractor Bookkeeping

JULY 24, 2014

Unfortunately, every struggling construction company has one thing in common, they truly believe bookkeeping is an overhead and therefore a cost to be reduced and if all possible eliminated. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

AUGUST 29, 2014

Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold and overhead expenses. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. Please contact us and we can help you with it.

Cash Flow 48

Cash Flow Management Contract Accounting 48

Contractor Bookkeeping

AUGUST 6, 2014

Each major category, Sales, Cost of Goods Sold, Overhead, Other Expenses and Other Income are rated on a scale of top 25%, middle 50% and bottom 25%. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. Visit [link] to learn more.

Finance 48

Finance Accounting Construction Banking 48

Contractor Bookkeeping

SEPTEMBER 23, 2013

to pay for the labor, material, subcontractors, rental equipment and overhead of their construction projects. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. This is only the tip of the Iceberg.

Debt 49

Debt Construction Accounting Banking 49

Contractor Bookkeeping

JULY 22, 2014

Armed with a tiny amount of skill and no practical knowledge they setup a desk in their home and all of a sudden, they are a low overhead, low price, virtual bookkeeper wrecking ball looking for a contractor to pay them to test out their new bookkeeping services skills on. Visit [link] to learn more. Edward Deming, Michael Gerber, Walter A.

Contractors 48

Contractors Accounting Office Documentation 48

Contractor Bookkeeping

AUGUST 15, 2014

You need QuickBooks to track all your construction and overhead costs and generate Bank Draws and Work-In-Progress (WIP) reports against budgeted estimates to monitor progress which we have in our QuickBooks Setup. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contract 48

Contract Accounting Income Contractors 48

Contractor Bookkeeping

OCTOBER 7, 2013

There’s a perception that online accounting services save money, since business owners don’t have to pay for overhead, employee benefits, and other costs associated with in-house employees. The Screenshots Below Were Taken In Our Lynnwood Washington Office. Online Accounting Services Saves You Time And Stress.

Accounting 48

Accounting Contractors Documentation Profitability 48

Contractor Bookkeeping

AUGUST 27, 2014

About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist and Bill.Com Certified Guru.

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Rory Woolsey

FEBRUARY 16, 2012

This equates to 75 labor hours x a cost of $60 per hour (with all overhead and burdens) which equates to about 6% additional savings on a typical $80,000 JOC project. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972.

Estimating 40

Estimating Bidding Negotiation Contract 40

Contractor Bookkeeping

FEBRUARY 14, 2014

You use QuickBooks to track all your construction and overhead costs and generate Bank Draws and Work-In-Progress (WIP) reports against budgeted estimates to monitor progress which we have in our QuickBooks Setup. The Screenshots Below Were Taken In Our Lynnwood Washington Office. Tucked Securely In A Building With Armed Guards.

FAQ 49

FAQ Contractors Accounting Security 49

Building Information Management

SEPTEMBER 18, 2015

Copies of this publication may be obtained from the Executive Office of the President’s Publications Office by calling 202-395-7332, or writing the Office of Publications, 725 17th Street, NW, Room 2200, New Executive Office Building, Washington, DC 20503. Steven Kelman. Administrator. Office of Federal Procurement Policy.

Contract 40

Contract Contractors Procurement Office 40