Contractor Bookkeeping

FEBRUARY 5, 2014

Their primary function is to review the transactions, reclassify some of them as needed and prepare payroll, monthly tax returns, quarterly tax returns, basic Profit & Loss Reports and Balance Sheet Reports. Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash.

Accounting 48

Accounting Construction Profitability Contractors 48

Contractor Bookkeeping

MAY 15, 2014

Every piece of paper, receipt, invoice, bank statement, notice, loan statement triggers a memory and you relive it again and again! That would mean one million dollars a year before taxes in "Hip National Bank". million dollar a year company generating 10% net profit every year? What if it only did 1/2 as well and became a $2.5

Contractors 48

Contractors Accounting Project Management Banking 48

Contractor Bookkeeping

AUGUST 29, 2014

Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold and overhead expenses. Is Cash Flow The Same As Profit? While they might seem similar, profit and cash flow are two entirely different concepts, each with entirely different results.

Cash Flow 48

Cash Flow Management Contract Accounting 48

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. Which QuickBooks Reports Will Help You Increase Sales And Profits? Of course you are!

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Contractor Bookkeeping

JULY 24, 2014

There is a lot of information to be gained when you compare this year’s Profit & Loss to the prior year because it will alert you to trends early enough to respond rather than reacting after it is too late and help establish profit and sales goals. QuickBooks Outsourced Construction Bookkeeping Services. Call Sharie 206-361-3950.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

JULY 24, 2014

For example: 20% of your customers normally generate 80% of your net profit. For example, bank and credit card account reconciliations in QuickBooks are what help maintain the accuracy and integrity of your Financial and Job Costing Reports. a month just to reconcile the bank and credit card statements.

Contractors 49

Contractors Accounting Banking Project Management 49

Contractor Bookkeeping

APRIL 1, 2014

We show you how to remove unique cash flow bottlenecks which are common in contractors bookkeeping, that results in more money in the bank, reduced overhead and lowers their stress level. Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!

Accounting 49

Accounting Contractors Project Management Cash Flow 49

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. You need QuickBooks setup to track all the costs and generate Complex Payment Applications , Item Estimates vs. Actuals, Job Profitability Summary and Job Profitability Detail Reports to monitor progress.

Contract 48

Contract Accounting Income Contractors 48

Contractor Bookkeeping

SEPTEMBER 27, 2012

From the number of employees and the type of work you do we know how much time and effort will be required to do all the bookkeeping, bank and vendor reconciliations and the rest. Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!

Contractors 55

Contractors Office Accounting Overhead 55

Contractor Bookkeeping

JULY 22, 2014

They ask for administrative access to your QuickBooks company file, sensitive documents, bank statements, financial records, credit and debit card information and PIN numbers used to pay your Quarterly Tax Returns. Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation.

Contractors 48

Contractors Accounting Office Documentation 48

Contractor Bookkeeping

OCTOBER 7, 2013

There’s a perception that online accounting services save money, since business owners don’t have to pay for overhead, employee benefits, and other costs associated with in-house employees. Profit & Loss statement anytime YOU want it! Online Accounting Services Saves You Time And Stress. Cash Report anytime YOU want it!

Accounting 48

Accounting Contractors Documentation Profitability 48

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. per hour (See below). 33 hours X $35.53

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

MAY 31, 2013

Would it be helpful to know more information than just how much and when the checks cleared the bank? That was a simple way to determine Profit and Loss. High Overhead Costs (in-house server). I can download from the banks"…."I What if I want in depth private consulting to grow my company sales and profits?

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MAY 31, 2013

Would it be helpful to know more information than just how much and when the checks cleared the bank? That was a simple way to determine Profit and Loss. High Overhead Costs (in-house server). I can download from the banks"…."I What if I want in depth private consulting to grow my company sales and profits?

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MARCH 25, 2014

Also, a professional producer will be able to introduce you to other professionals and consultants, such as accountants and attorneys who can help grow your business. A producer who is familiar with your area of construction can give you the best guidance and help you foster a business relationship with your surety company.

Cash Flow 52

Cash Flow Accounting Profitability Work in Progress 52

Pro Builder

JANUARY 31, 2023

The next-best average net profit of 11.41 The analysis is a representative sample of responses from companies involved with Builder Partnerships’ rebate program, Home Builder University training programs, and clients of Shinn Consulting. generated net profits in excess of 12%, with 6.8% was recorded in 2020. and Canada.

Inventory 98

Inventory Housing Profitability Cash Flow 98