Levelset

FEBRUARY 11, 2022

If your company uses QuickBooks – one of the most popular entry-level accounting platforms for contractors – you already have built-in tools that can help you manage, track, and report on their accounts receivable. In this article, we’ll show you how to manage A/R in QuickBooks , with screenshots to help you navigate the process. .

Accounting 52

Accounting Management Contractors Lien 52

Contractor Bookkeeping

DECEMBER 5, 2013

QuickBooks Makes Some Closing Entries Automatically. 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". With QuickBooks that process is mostly automatic.

Accounting 55

Accounting Banking Project Management Contractors 55

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. They may suspect you are paying too much in taxes if your QuickBooks for Contractors is a mess.

Contractors 53

Contractors Income Change Orders Work in Progress 53

Contractor Bookkeeping

JUNE 14, 2013

Certified Public Accountants (CPA) work below the line focused on filling out annual income tax forms, making sure contractors pay their fair share of taxes, preparing certified financial statements and performing audits on your QuickBooks contractor file. Reduces Expenses. Increase Net Income. Trust But Verify!

Accounting 49

Accounting Construction Income Contractors 49

Contractor Bookkeeping

MAY 2, 2013

We worked with a contractor had been in business for over ten years and hired a bookkeeper two years earlier that took over his QuickBooks For Contractors and turned it into one of the worst disasters I have ever seen. He would look at the bank balance in QuickBooks and since it always showed over $100,000 he thought life was grand!

Contractors 49

Contractors Banking Finance Accounting 49

Contractor Bookkeeping

JUNE 5, 2013

Setting Up QuickBooks – DIY Setup. You go back to the computer: Open QuickBooks. Your Reasoning: "The options are in QuickBooks software and to get my money’s worth I must use everything.". I don’t have to double key anything into my QuickBooks.". It all looks easy from the bleachers and benches watching the game.

Accounting 48

Accounting Inventory Construction Software 48

Contractor Bookkeeping

DECEMBER 12, 2013

QuickBooks or Xero Accounting Online for construction depends on how you get paid, the type of work your company does and if you need Job Costing. QuickBooks Works Best If You: Takes Job Deposits. We Are Raving Fans Of Intuit the makers of QuickBooks and have used QuickBooks since the first version was released in 1992.

Accounting 48

Accounting Construction Banking Project Management 48