Remove Banking Remove Profitability Remove Project Management Remove Work in Progress
article thumbnail

Unique Contractor Bookkeeper Ride Along To Increase Company Profits

Contractor Bookkeeping

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. Supply Chain Management Costs. Change Order Management. Work-In-Progress (W.I.P.). Job Scheduling.

article thumbnail

Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

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. The really good news they are on the banks payroll.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.) Work In Progress (WIP) Reporting. Sales Tax Returns.

Banking 49
article thumbnail

Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

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!

article thumbnail

Home Builders Who Need To Keep Track Of Specialty Contractor Costs

Contractor Bookkeeping

You would never hire a construction worker with a background as a handyman to be on your framing crew because they are trained to take their time, lay out tarps in the work area and think about every piece of lumber before cutting and installing it. We know what to do!

article thumbnail

QuickBooks Vs. Xero Accounting Online For Construction

Contractor Bookkeeping

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. Need Work-In-Progress. Need Periodic Invoices For Bank draws. Connect your bank and PayPal feeds.

article thumbnail

What Is Xero Accounting Software And Why Are We Offering It?

Contractor Bookkeeping

Their Cloud Platform Approach allows market leading business applications like Expensify, ADP, PayPal, Stripe and Bill.com to integrate seamlessly and major financial institutions like City National Bank to feed transactions directly into the ledgers of Xero users. Periodic Invoices For Bank draws. Connect your bank and PayPal feeds.