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. Get this one thing right and your QuickBooks for contractors has a good chance of generating useful financial reports and job costing reports. Sample Chart of Accounts Groups.

Contractors 48

Contractors Accounting Income Work in Progress 48

Contractor Bookkeeping

JUNE 21, 2012

Construction Companies - Need short term liquid working capital such as cash, lines of credit, loans, owner financing, credit cards, supplier accounts and other forms of money to conduct daily operations. Your Construction Accountant - Is a valuable key component in setting up QuickBooks to help you keep track of it all.

Profitability 48

Profitability Contractors Banking Change Orders 48

Contractor Bookkeeping

JUNE 20, 2014

Let Us Help Reduce Construction Business Start Up Stress. Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Now that''s stressful.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 18, 2013

Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Changes in their operations due to contingencies beyond their control. Every contractor’s income is the average of their customers and client’s income. Construction Company Failure Root Causes.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Contractor Bookkeeping

JANUARY 2, 2015

Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Tax Advantages For LLC or a Sub S - If you do not setup your corporation correctly the profit or loss from your business will be passed through to the owners as normal income.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

FEBRUARY 14, 2014

The first step in Best Practices is "M" for "Marketing" then "A" for "Accounting" followed by ""P" for "Production". Who will service my account? What construction accounting software do you support? Why don''t you support other accounting software? Xero Accounting Online For Contractors Questions. & P.A.M.".

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

OCTOBER 4, 2013

Tell them you are working with a construction accountant that is involved with the bookkeeping and accounting and that you have a totally separate firm that prepares your Annual Federal Tax Return. Bankers like to know you are using tried and true method of "Trust But Verify" to help limit fraud and errors.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

MARCH 13, 2014

Six keys helped us out perform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family. I majored in Accounting in the first of several Universities I have attended. Subsequently I have become a perpetual student of Construction Accounting.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

FEBRUARY 28, 2014

Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Changes in their operations due to contingencies beyond their control. Every contractor’s income is the average of their customers and client’s income. Need Help Now? sharie@fasteasyaccounting.com.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

JUNE 15, 2012

Let Us Help Reduce Construction Business Start Up Stress. Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Now that's stressful.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

MAY 28, 2013

Very quickly John realized he had gone from one bad experience to another because the custom home building environment was all about change-change-change. As soon as a wall was up or a floor was sheeted the home owner would want to change something.

Contractors 48

Contractors Negotiation Banking Accounting 48

Contractor Bookkeeping

MAY 31, 2013

Back In The “Old Days” a set of scales was used – one side for income and other for expenses. There are accounting systems that deal with both quantity and quality. Most Contractors want useful and usable information (basic reports) plus customized reports that are specific to their needs commonly known as “Job Costing Reports”.

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MAY 31, 2013

Back In The “Old Days” a set of scales was used – one side for income and other for expenses. There are accounting systems that deal with both quantity and quality. Most Contractors want useful and usable information (basic reports) plus customized reports that are specific to their needs commonly known as “Job Costing Reports”.

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MAY 13, 2013

Contractors Often Ask Us A Simple Question: We have read Who We Help , researched you on LinkedIn , and at least a dozen other places on the web, read your customer reviews and are convinced you can help us; but, can''t we get the same thing from leveraging a hungry bookkeeper working from home and save Money? Other Income Tracking.

Contractors 48

Contractors Leases Schedule Banking 48

Contractor Bookkeeping

JULY 18, 2012

Custom Home Building - Is similar to other construction accounting because the custom home builder accumulates costs in the Cost of Goods area of QuickBooks. Often during construction there are a numbe of change orders, addtions and deletions and a lot of the time the homeowner wants to provide certain materials.

Cash Flow 48

Cash Flow Remodeling Profitability Banking 48