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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. ACCOUNTING |. General Management. Accounting & Finance. People Management. Equipment Management. But should you rely on spreadsheets for accounting and jobs analysis? Today, new software applications – in job cost accounting, project management, estimating, etc.

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Three Unique Marginal Costs Grow Construction Profitability

Contractor Bookkeeping

. #1 Get Rid Of Paperwork - All it does is slow your down and the more construction projects you win the more paperwork you will have to deal with. Then develop a project plan to eliminate them, one at a time. #3 Xero Outsourced Construction Accounting Services. We Remove Contractor''s Unique Paperwork Frustrations. #2

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QuickBooks Year End Closing Tips For All QuickBooks Users

Contractor Bookkeeping

Several years ago the accounting departments of smaller construction companies with less than $10M in annual sales had to slog through dozens of mind numbing General Journal Entries in order to "Close The Books". There are still a few things the accounting department needs to do. Reconcile Bank And Credit Card Accounts.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Construction Company cash flow is the movement of money in and out of your Construction Company; these movements are known in accounting circles as inflow and outflow. Note: A construction accountant is the best person to help you learn how your cash flow statement works. Keep your inventory as low as possible.

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

Our In-depth Analysis Of QuickBooks Revealed These Critical Issues: The Chart of Accounts Was one of the worst QuickBooks Setup we have seen in the past ten years. It was obvious to us QuickBooks Setup was done by someone with very little if any experience in accounting let alone construction accounting. Click Here For More.

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Home Builders Who Need To Keep Track Of Specialty Contractor Costs

Contractor Bookkeeping

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.

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Meetup Group Event - QuickBooks Year End Closing Tips

Contractor Bookkeeping

The topic was Ask A Bookkeeper -- Easy End of the Year Accounting and in case you are interested I pre-recorded a video of the entire presentation which you can see below. There are still a few things the accounting department needs to do. Reconcile Bank And Credit Card Accounts. Money In (Accounts Receivable).