Contractor Bookkeeping

JANUARY 6, 2014

The Old Way Contractors Invoiced the jobs were sometimes just as much or more work than doing of the job itself. Construction Contractors Have Two Choices depending on what you are most comfortable with, QuickBooks Desktop Version In The Cloud or Xero Accounting Online. Xero Accounting Online. Need Work-In-Progress.

Accounting 50

Accounting Contractors Work in Progress Banking 50

Contractor Bookkeeping

AUGUST 27, 2014

Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle. QuickBooks Premier Accountant 2000 And Up. Job Cost Reports, Job Profitability Reports.

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Contractor Bookkeeping

AUGUST 16, 2013

All Accounting Uses The Accounting Equation. Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Sales - Expenses) = Profit. Regular Bookkeeping - Is roughly 80% of all accounting for businesses in the world. Construction Accounting Titles = 233. Cash On Hand.

Work in Progress 60

Work in Progress Accounting Construction Leases 60

Contractor Bookkeeping

OCTOBER 31, 2013

What Is Xero Accounting Online? Xero Accounting Online Is An Established Leader In Accounting Software having been around since July 2006 and has quickly grown to over 200,000 users. Xero Accounting Online Is The Global Leader in online accounting with over 200,000 paying customers in over 100 countries.

Accounting 48

Accounting Banking Software Software 48

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Education is the foundation for shifting paradigm.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

OCTOBER 31, 2013

What Is Xero Accounting Software? Xero Is An Established Leader In Accounting Software having been around since July 2006 and has quickly grown to over 200,000 users. The pain point is that we were forced to learn more about the inner workings of a computer server and working with remote technicians than we ever cared to know.

Accounting 49

Accounting Software Software Banking 49

Contractor Bookkeeping

FEBRUARY 28, 2014

Education is the foundation for shifting paradigm. Construction Company Failure Root Causes: Working for customers instead of clients and not charging enough (The 80-20 Rule). Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

JUNE 10, 2013

Accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle much like a large ocean liner on the high sea. If you are a construction accountant like me you would love it. Job Costing Reports, Job Profitability Reports.

Work in Progress 48

Work in Progress Accounting Profitability Insurance 48

Contractor Bookkeeping

OCTOBER 18, 2012

Accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the rolling waves of the business cycle like a large ocean liner on the high sea. If you are a construction accountant like me you would love it. Job Cost Reports, Job Profitability Reports.

Work in Progress 48

Work in Progress Accounting Profitability Insurance 48

Contractor Bookkeeping

JUNE 22, 2012

Construction Accounting - Is our special expertise which means all of my writing is addressed to members of the construction industry and how we can help them with QuickBooks Setup, QuickBooks Clean-Up and Cloud Based Online Bookkeeping Services. We really appreciate working with C.P.A.'s and if you have one now keep them.

Profitability 48

Profitability Contractors Accounting Banking 48

Construction Business Owner

MARCH 1, 2012

ACCOUNTING |. Accounting & Finance. In addition to workers not getting paid because the timecards weren’t submitted on time, his projects’ work-in-progress reports were inaccurate. Imagine the surprise to everyone when the profit is significantly less or non-existent at the end of a job! Tags accounting.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

MAY 29, 2013

Knowing in advance which jobs have the highest probability of success and profit before getting involved moves your construction company from an unpredictable roller coaster to a peaceful merry-go-round. If You Know The Answers The Questions Will Not Bother You" - Randalism.

Profitability 49

Profitability Contractors New York City New York 49

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

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. If this describes you then perhaps QuickBooks Desktop Version In The Cloud is a better fit for you than Freshbooks Accounting.

Accounting 48

Accounting Construction Contractors Project Management 48

Contractor Bookkeeping

AUGUST 15, 2014

When it is time to file the taxes you generate a Profit & Loss and Balance Sheet and give it to whomever does your tax return. 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.

Contract 48

Contract Accounting Income Contractors 48

Contractor Bookkeeping

JULY 22, 2014

The Fast Easy Outsourced Accounting Difference: All of your Outsourced Accounting work is done in our office in Lynnwood Washington, not sent oversees or to some Bad Bookkeepers house. Flat Rate Pricing For Outsourced Bookkeeping And Outsourced Accounting. Work In Progress (WIP) Reporting.

Accounting 49

Accounting Contractors Project Management Washington 49

Contractor Bookkeeping

JANUARY 3, 2014

The Old Way Contractors Invoiced was as much or more work than doing of the job itself. QuickBooks Desktop Version In The Cloud will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence. Work In Progress (WIP) Reporting.

Accounting 48

Accounting Contractors Profitability Project Management 48

Contractor Bookkeeping

JANUARY 3, 2014

The Old Way Contractors Invoiced was as much or more work than doing of the job itself. QuickBooks Desktop Version In The Cloud will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence. Work In Progress (WIP) Reporting.

Accounting 48

Accounting Contractors Profitability Project Management 48

Contractor Bookkeeping

SEPTEMBER 27, 2013

Now you are really desperate so you call the person who does your taxes and they say to put everything in Cost of Goods Sold (COGS) or Expenses and when you try to explain why that doesn''t work they suggest you are not listening to them. QuickBooks Setup - Is the foundation of your spec home builder construction bookkeeping system.

Banking 49

Banking Change Orders Accounting Cash Flow 49

Contractor Bookkeeping

JULY 18, 2012

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? QuickBooks Setup - And choosing the correct QuickBooks Version is the most critical part of all because it is the foundation upon which your entire financial system is built. Work In Progress (WIP) Reporting.

Banking 54

Banking Remodeling Profitability Drawings 54

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. Need Complex Construction Accounting Reports. Xero Works Best If You: Have Simple Jobs With One Invoice. Enter all of your Accounts Receivable (Sales).

Accounting 49

Accounting Contractors Project Management Change Orders 49

Contractor Bookkeeping

NOVEMBER 25, 2013

QuickBooks Desktop Version In The Cloud Works Best If You: Take Job Deposits. Need Complex Construction Accounting Reports. QuickBooks Enterprise Works Best If You: Have multiple companies and need consolidated reports. Enter all of your Accounts Receivable (Sales). Enter all of your Accounts Payable (Purchases).

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

Need Complex Construction Accounting Reports. Quicken Works Best If You: Have Simple Jobs With One Invoice. Quicken To QuickBooks Conversion: Do you want to use QuickBooks, but dread moving everything from Quicken or some other accounting software? Enter all of your Accounts Receivable (Sales). Quarterly Tax Returns.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

Need Complex Construction Accounting Reports. Quicken For Mac Works Best If You: Have Simple Jobs With One Invoice. Quicken For Mac To QuickBooks Conversion: Do you want to use QuickBooks, but dread moving everything from Quicken For Mac or some other accounting software? Enter all of your Accounts Receivable (Sales).

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

MAY 7, 2014

In reality bookkeeping is a bit like being a doctor; they work on two makes and one model and yet they require enormous amounts of skill and training. 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.

Accounting 48

Accounting Construction Retail Contractors 48

Contractor Bookkeeping

JULY 24, 2014

These days, contractors are under increased pressure to cut their prices to get enough work. For example, suppose you decide to upgrade your contractor bookkeeping software from shoeboxes full of receipts or spreadsheets to a computer based construction accounting software like QuickBooks. Work In Progress (WIP) Reporting.

Contractors 49

Contractors Accounting Banking Project Management 49

Contractor Bookkeeping

FEBRUARY 14, 2014

It has always been and will likely always be that: 95 out of 100 contractors will earn less than 3% net profit. 4 out of 100 contractors will earn between 3%-15% net profit. 1 out of 100 contractors will earn in excess of 15% net profit. profit went straight to the bottom line. Who will service my account?

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

JULY 18, 2012

QuickBooks Setup - And choosing the correct QuickBooks Version is the most critical part of all because it is the foundation upon which your entire financial system is built. We spent years and thousands of dollars developing a process that works with QuickBooks. Work In Progress (WIP) Reporting. Job Deposit Tracking.

Commercial 54

Commercial Contractors Remodeling Cash Flow 54

Contractor Bookkeeping

JUNE 18, 2013

Education is the foundation for shifting paradigm. Working for customers instead of clients and not charging enough (The 80-20 Rule). Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Contractor Bookkeeping

JUNE 26, 2013

We have been Construction Accountants a long, long time and around construction even longer. Profit and Loss By Job? We are experienced in the different phases of construction contracting; New Construction, Remodel and Service Work. I hope you have downloaded and have been using the FREE FORMS from on our site.

Accounting 48

Accounting Contractors Seattle Consulting 48

Contractor Bookkeeping

JUNE 26, 2013

We have been Construction Accountants a long, long time and around construction even longer. Profit and Loss By Job? We are experienced in the different phases of construction contracting; New Construction, Remodel and Service Work. I hope you have downloaded and have been using the FREE FORMS from on our site.

Contractors 48

Contractors Accounting Seattle Consulting 48

Contractor Bookkeeping

MAY 27, 2013

Work In Progress (WIP) Reporting. QuickBooks Setup Has Three Main Phases, Chart of Accounts, Item List, Customers, Vendors, Employees, Payroll, cleanup the existing data and input the transactions that are behind. Sales Tax Returns. Payroll Processing. Payroll Tax Returns, 941 and 940. Contractor Invoicing. Job Deposit Tracking.

Software 48

Software Software Contractors Construction 48

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

That was a simple way to determine Profit and Loss. There are accounting systems that deal with both quantity and quality. The Accounting Software You Need Depends On The Level Of Reports You Require. Today, I hear similar complaints about QuickBooks Online (and other web based accounting software)…."It’s It’s cheap!"…."I

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MAY 31, 2013

That was a simple way to determine Profit and Loss. There are accounting systems that deal with both quantity and quality. The Accounting Software You Need Depends On The Level Of Reports You Require. Today, I hear similar complaints about QuickBooks Online (and other web based accounting software)…."It’s It’s cheap!"…."I

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

JULY 18, 2012

They could do a fine job, the only question is how long would it take and would you be able to charge the homeowner enough to make a substaintial profit? QuickBooks Setup - And choosing the correct QuickBooks Version is the most critical part of all because it is the foundation upon which your entire financial system is built.

Cash Flow 48

Cash Flow Remodeling Profitability Banking 48