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You Have HUD-1 Statements And Your Bank Wants Financial Statements

Contractor Bookkeeping

You are a spec home builder in need of a construction draw and your bank or lender wants to see your latest financial reports and this time they want all of the current houses you are working on to be reflected in QuickBooks correctly as Work-In-Process (W.I.P.) Pay Application Invoicing For Remodel Projects. Does this sound familiar?

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How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

Construction company owners who understand Construction Psychology and the need for Business Process Management (BPM) System also know the importance of being process dependent, not people dependent. Or the opposite a home builder who decides to branch out into residential remodeling. Home Builder Doing A Residential Remodel.

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Spec Home Builders Have Unique Bookkeeping Needs

Contractor Bookkeeping

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. What You Can Expect From Our Remodel Contractor Bookkeeping Services: Professional Bookkeepers with over 10,000 hours of practice. We know what to do!

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Home Builders Who Need To Keep Track Of Specialty Contractor Costs

Contractor Bookkeeping

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. 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? We know what to do!

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What Reports Do Contractors Really Need?

Contractor Bookkeeping

1 Cash On Hand - This report shows you how much cash do you have in all your checking accounts, savings accounts, payroll accounts, hip national bank (your wallet) and petty cash box in your office. Periodic Invoices For Bank draws. Previous year end bank, credit card and other account balances. QuickBooks Works Best If You.

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We Remove Contractors Unique Paperwork Frustrations

Contractor Bookkeeping

Manage The Money. Reconcile The Bank Accounts. Manage Change Orders. Make Bank Deposits. And Manage A Few Hundred More Paperwork Nightmares. Own a trade or specialty Contractor Company (No Remodelers, Builders, Developers). Business Process Management (BPM) For Contractors. Credit Card Companies.

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Contractor Breakeven Analysis Using QuickBooks

Contractor Bookkeeping

This method is not useful for any contractor outside the parameters given nor is it of any value to contractors engaged in a mix of services for example: Residential remodel contractor that builds spec homes. Commercial tenant improvement contractor that does residential remodel projects. Click Here For More. Need Help Now?