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

JANUARY 16, 2013

Income Tax Preparers - Earn money filling out tax forms, not doing QuickBooks cleanup for construction! Most of them do not know how to use QuickBooks for contractors let alone perform a proper QuickBooks cleanup for construction. Income Tax Preparers Are Paid To Fill Out Tax Forms! We can assist you with setting this up.

Contractors 53

Contractors Income Change Orders Work in Progress 53

Contractor Bookkeeping

AUGUST 15, 2014

Which QuickBooks Is Best For Your Construction Company? QuickBooks Pro - Is great for contractors acting as Sole Proprietor with annual sales under $100,000 who simply need a way to keep track of basic income and expenses. When you spend money record it in the check register as an expense and when you receive money record it as income.

Contract 48

Contract Accounting Income Contractors 48

Contractor Bookkeeping

JUNE 18, 2013

We offer the following list of root causes for the extremely high rate of construction company failure which has accelerated beginning in 2009 and continuing as of June, 2013 when this article was written. The list below comes from working with hundreds of construction companies for over thirty years. The Contractor Paradigm.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Contractor Bookkeeping

OCTOBER 4, 2013

Starting Or Re-Starting A Construction Company Is Easy. Secret #01 Decide What You Want From Your Construction Company. Do you want to work in a more structured enviornment? Are you sick and tired of working for the boss''s son or daughter? If You Know Exactly What To Do. Do you want to get rid of the boss?

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

JUNE 22, 2012

Specialists Combine Synergy To Guide Construction Companies. Success In Construction - Now more than ever means tapping into the resources of many specialists and not relying on One-Size-Fits-All. 3 Tax Preparer - Depending on the size and complexities of your construction company you may need a C.P.A.

Profitability 48

Profitability Contractors Accounting Banking 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

FEBRUARY 28, 2014

Your Construction Contracting Company. Is your Construction Company Process Dependent Or People Dependent? Is your Construction Company Process Dependent Or People Dependent? There is no one right answer; it depends on what you want from your construction company. Money Is The Main Reason You Own And Operate.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

SEPTEMBER 1, 2012

To control spam, I now allow incoming messages only from senders I have approved beforehand. Our niche is serving the construction industry and contractors in particular. How can we be of help with accounting, bookkeeping or consulting? Step 3: We agree on a plan of action, determine pricing, when you say yes we go to work!

Accounting 48

Accounting Cash Flow Remodeling Consulting 48

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Embrace Automation.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Embrace Automation.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Contractor Bookkeeping

JUNE 13, 2012

Reports Tax Accountants Use Are Profit & Loss And Balance Sheet. For Example - Income can be all of the deposits from bank statements which may have come from a single z-tape each day. As the business owner you may want to know more specific information about your costs and your income in order to make intelligent decisions.

Accounting 48

Accounting Banking Profitability Income 48

Contractor Bookkeeping

MARCH 25, 2014

As construction work continues to slowly improve, we see more project owners which are requiring contractors to be bonded. However, your ability to obtain and increase your bonding capacity can make a huge difference in the success of your construction business. Burns Logan, Attorney At Law.

Cash Flow 52

Cash Flow Accounting Profitability Work in Progress 52

Contractor Bookkeeping

OCTOBER 11, 2013

Recently A Builder Who Constructs Spec And Custom Homes as well as a few custom remodel projects contacted us because his in house bookkeeper could not provide him with Job Costing Reports or Work-In-Progress Reports that made any sense. Tax preparers make horrible construction accountants and the other way around!

Office 48

Office Accounting Profitability Contractors 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. The Accounting Software You Need Depends On The Level Of Reports You Require. This online accounting software won’t. High Employee Training Costs.

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. The Accounting Software You Need Depends On The Level Of Reports You Require. This online accounting software won’t. High Employee Training Costs.

Contractors 48

Contractors Accounting Change Orders Software 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. Work In Progress (WIP) Reporting. Nothing is further from the truth.

Cash Flow 48

Cash Flow Remodeling Profitability Banking 48