Contractor Bookkeeping

SEPTEMBER 27, 2013

You are a spec home builder in need of a construction draw and your bank or lender wants to see your latest financial reports and this time they want all of the current houses you are working on to be reflected in QuickBooks correctly as Work-In-Process (W.I.P.) Not all construction workers are the same.

Banking 49

Banking Change Orders Accounting Cash Flow 49

Contractor Bookkeeping

DECEMBER 11, 2013

Three Reports Construction Companies Need: Cash, Cash And Cash! #1 1 Cash On Hand - This report shows you how much cash do you have in all your checking accounts, savings accounts, payroll accounts, hip national bank (your wallet) and petty cash box in your office. Xero Accounting Online To The Rescue!

Contractors 51

Contractors Accounting Banking Project Management 51

Contractor Bookkeeping

OCTOBER 3, 2014

An Alarming Number Of Construction Company Owners Are. I say that with all due respect to egg heads since I am an egg-head with several degrees and certifications in Accounting, Construction Accounting and Project Management. Bookkeeper Embezzlement Can Destroy Your Construction Company And Your Personal Finances.

Accounting 48

Accounting Construction Banking Contractors 48

Contractor Bookkeeping

NOVEMBER 7, 2013

Is Freshbooks Accounting not working for your construction company? Freshbooks Accounting is a great program for small contractors but it may not the power to do what you need it to do. Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company?

Accounting 48

Accounting Construction Contractors Project Management 48

Contractor Bookkeeping

SEPTEMBER 23, 2013

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Owning and operating any business including accounting means sometimes you provide goods and services and not get paid. Knowing The Answers Helps.

Debt 49

Debt Construction Accounting Banking 49

Contractor Bookkeeping

MAY 7, 2014

1 Internal Bookkeeping which is the day-to-day data entry, reconciling bank accounts, credit card accounts, payroll processing and the other tasks with one primary purpose. Three Levels Of Accounting. #1 For more information about the difference between regular accounting and construction accounting click here. #3

Accounting 48

Accounting Construction Retail Contractors 48

Contractor Bookkeeping

JULY 24, 2014

When you own a small contracting company, like a residential remodeler, plumber, electrician, concrete contractor, flooring contractor or any other construction related company it is imperative that you have a good clean set of books that are consistent and updated regularly.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

JANUARY 27, 2014

Construction Accounting Services For Home Builders. Spec Home Builders Have Unique Construction Accounting Needs : Keeping Track Of Specialty Contractor Costs - Is one of the most valuable things your contractors bookkeeping services can do for you. The best way is to use Purchase Orders in QuickBooks.

Contractors 49

Contractors Accounting Banking Profitability 49

Contractor Bookkeeping

AUGUST 27, 2014

Did someone setup QuickBooks by trying to follow the built in template inside QuickBooks and you figured out you cannot get any of the financial and job costing reports you need to operate and grow your construction company? We Do QuickBooks Setup For Construction Beginning With Year 2000 And Up. QuickBooks Contractors 2000 And Up.

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Contractor Bookkeeping

NOVEMBER 3, 2012

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. Home Builder Doing A Residential Remodel.

Profitability 49

Profitability Bankruptcy Contractors Remodeling 49

Contractor Bookkeeping

MAY 24, 2013

At the end of a job when you deposit the final check into the bank do you look at your current balance and wonder where all the money went? Do you have enough money to operate and grow your construction company or are you giving it all away to labor, material, other costs and subcontractors? Accounting Terms.

Profitability 48

Profitability Accounting Construction Schedule 48

Contractor Bookkeeping

MAY 25, 2013

At the end of a job when you deposit the final check into the bank do you look at your current balance and wonder where all the money went? Do you have enough money to operate and grow your construction company or are you giving it all away to labor, material, other costs and subcontractors? Accounting Terms.

Profitability 48

Profitability Accounting Construction Contractors 48

Contractor Bookkeeping

SEPTEMBER 5, 2014

There Are Many Methods To Calculate Breakeven In Construction. Engaged in only one area of construction. This method is not useful for any contractor outside the parameters given nor is it of any value to contractors engaged in a mix of services for example: Residential remodel contractor that builds spec homes.

Contractors 48

Contractors Accounting Remodeling Project Management 48

Contractor Bookkeeping

JULY 7, 2014

Just because you don''t fully understand everything, you need to know about running a construction company doesn''t mean you shouldn''t be paid a fair price for your work! Reconcile The Bank Accounts. Reconcile The Credit Card Accounts. Dispatch Construction Workers. Dispatch Construction Workers.

Contractors 49

Contractors Accounting Banking Project Management 49

Contractor Bookkeeping

MARCH 13, 2014

For Your Construction Company. The purpose of this article is to find construction company owners who want to position themselves to take advantage of the coming harvest of pent-up remodel, repair and commercial tenant improvement demand that will occur in the next seven years beginning in 2014 and need help to stay in business now.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

JULY 18, 2012

You would never hire a construction worker with a background as a handyman to be on your framing crew because they are trained to take their time, lay out tarps in the work area and think about every piece of lumber before cutting and installing it. Nothing is further from the truth.

Banking 54

Banking Remodeling Profitability Drawings 54

Contractor Bookkeeping

MAY 25, 2013

At the end of a job when you deposit the final check into the bank do you look at your current balance and wonder where all the money went? Do you have enough money to operate and grow your construction company or are you giving it all away to labor, material, other costs and subcontractors? Accounting Terms.

Schedule 49

Schedule Profitability Accounting Construction 49

Contractor Bookkeeping

JANUARY 13, 2014

Lately a lot of contractors like you are discovering the need to get better financial and job costing reporting from their accounting software in order to stay competitive and know in advance which jobs to bid on that have a history of making your construction company a reasonable profit and which ones to ignore. Questions to ask.

Contractors 61

Contractors Accounting Project Management Profitability 61

Contractor Bookkeeping

NOVEMBER 1, 2013

Is Xero Not Working For Your Construction Company? Xero Accounting is a great program for small contractors but it may not the power to do what you need it to do. Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company?

Accounting 49

Accounting Contractors Project Management Change Orders 49

Contractor Bookkeeping

NOVEMBER 25, 2013

Is QuickBooks Enterprise too much and not working for your construction company? QuickBooks Enterprise is a great program for construction contractors doing over $10,000,000 a year in construction work but it may not address your company''s needs Publish well because it is too complex. Periodic Invoices For Bank draws.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

Is Quicken not working for your construction company? It is similar to the reason why eventhough a $50 circular saw is a bargain at first, most construction contractors agree it really only works well for handyman doing some minor projects and it simply is not robust enough for a general contractor. Periodic Invoices For Bank draws.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

Is Quicken For Mac not working for your construction company? It is similar to the reason why a $50 circular saw is a bargain at first glance yet most construction contractors agree it really only works well for handyman doing some minor projects and it simply is not robust enough for a general contractor. Have Change Orders.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

JUNE 18, 2012

All Bookkeeping Methods Share The Same Accounting Equations. Bank Balance - Un-cleared Checks) = Cash. Regular Bookkeeping - Is roughly 80% of all accounting and bookkeeping for businesses in the world. Construction Bookkeeping - Is roughly 15% of all accounting and bookkeeping with manufacturing making up roughly 5%.

Contractors 58

Contractors Profitability Overhead Equity 58

Contractor Bookkeeping

JULY 27, 2012

Over The Past 30+ Years - I have accumulated a variety of terms to describe the construction industry. Aggravation Box - Computer with construction accounting software operated by a trainee. Black Box - Computer with construction accounting software operated by a trainee.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Contractor Bookkeeping

JULY 22, 2014

So, if you are a construction contractor using QuickBooks or you have someone in your office using QuickBooks perhaps you should consider investing $599.00 We offer specialized support for construction companies. Professional Construction Bookkeepers with minimum of 10,000 hours of practice. Construction Marketing Resources.

Accounting 49

Accounting Contractors Project Management Washington 49

Contractor Bookkeeping

AUGUST 15, 2014

Which QuickBooks Is Best For Your Construction Company? QuickBooks - Is a tool like any other tool in the hands of a Master Construction Accountant it can do marvelous things that will amaze even the toughest contractor, their banker and performance bonding agent. In the hands of an accountant or C.P.A.

Contract 48

Contract Accounting Income Contractors 48

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Washington Project Management Contractors 48

Contractor Bookkeeping

SEPTEMBER 20, 2013

Updating Chart of Accounts. Tax Accountants in an effort to make QuickBooks online easier for them. Most Construction Companies started using QuickBooks Online so they could get to their QuickBooks Pro or QuickBooks For Contractors file anywhere they have internet access 24/7. All Accounting Uses The Accounting Equation.

Contractors 48

Contractors Accounting Profitability Overhead 48

Contractor Bookkeeping

JULY 28, 2014

Payment Applications For Residential Remodel & Commercial Tenant Improvement Contractors. A lot of construction companies attempt to use QuickBooks to keep track of the job costing have found using our FREE Stand Alone Invoice got the job done Fast and Easy! Learn More About Residential Remodel Payment Applications.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Project Management Contractors Washington 48

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Washington Project Management Contractors 48

Contractor Bookkeeping

JUNE 28, 2013

During QuickBooks setup and especially QuickBooks for contractors one of the most dangerous and difficult steps is setting the Chart of Accounts. Step One - Which of the Four Types of Contractors best describe your construction company. Step Two - What type of construction is your construction company involved with?

Contractors 48

Contractors Accounting Income Work in Progress 48

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Accounting 48

Accounting Project Management Contractors Washington 48

Contractor Bookkeeping

FEBRUARY 14, 2014

We have owned and operated several construction companies from the early 1970''s until 2000 and experienced just about every good, bad and ugly thing possible. It is the construction contractors that is most adaptable to change.". They are listed in detail further down. 4 out of 100 contractors will earn between 3%-15% net profit.

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

JANUARY 5, 2013

One of the most profitable business resolutions you can make is to start out the New Year by converting your construction company to an S-Corporation because it could reduce your tax burden! As the owner you are the most important employee in your construction company. 2012 is over and it was good or bad depending on your perspective!

Income 49

Income Profitability Construction Contractors 49

Contractor Bookkeeping

JANUARY 5, 2013

One of the most profitable business resolutions you can make is to start out the New Year by converting your construction company to an S-Corporation because it could reduce your tax burden! As the owner you are the most important employee in your construction company. 2012 is over and it was good or bad depending on your perspective!

Income 48

Income Profitability Construction Contractors 48

Contractor Bookkeeping

JULY 27, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. QuickBooks Training Program For Construction Contractors. QuickBooks Classroom Training. Your Primary Instructor.

Contractors 49

Contractors Change Orders Accounting Schedule 49