Contractor Bookkeeping

OCTOBER 6, 2023

Small construction business owners must be adequately prepared to meet with a lender to present their business in the best possible light and ready for the money they need.

Banking 112

Banking Change Orders Construction Materials 112

Construction Business Owner

MARCH 1, 2012

Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. Technology for Collaboration & Cash Flow.

Cash Flow 120

Cash Flow Construction Software Software 120

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Process Change Orders Quickly. Automate P2P.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

Contractor Bookkeeping

JUNE 7, 2013

Free Construction Change Order Template. Free Cash Flow Diagram For Contractors. Free Cash Flow Diagram For Remodelers. Free Cash Flow Diagram For Home Builders. Free One Hour Consultation. Free Construction Invoice Template. Free Construction Estimate Template. Free Time Card Templates.

Cash Flow 49

Cash Flow Contractors Spirit Change Orders 49

Viewpoint Construction Technology

APRIL 17, 2018

Contractors today deal with challenging projects, often with multiple performance obligations. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. New revenue recognition standards will require contractors to adjust accounting practices.

Accounting 189

Accounting Contract Viewpoint Cash Flow 189

Contractor Bookkeeping

MAY 24, 2019

The most popular method designed by investors and developers and shrewd business people who understand the concept of divide and conquer is for contractors to get little or no down payment for a construction project, do all the work, including change orders and then try to collect their money.

Contractors 53

Contractors Profitability Banking Change Orders 53

Viewpoint Construction Technology

OCTOBER 23, 2018

Many contractors are practically drowning in data and don’t have the right tools to parse and analyze the data in ways that would have meaningful impacts on their projects. That, however, is changing. We’ve heard our customers discuss it at both our Digital Contractor Roadshows and our Collaborate 2018 user conference this year.

Construction 226

Construction Software Software Cash Flow 226

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Process Change Orders Quickly. Automate P2P.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Contractor Bookkeeping

JULY 12, 2012

Remodel Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often remodel contractors hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. There is only one method that will help manage cash flow and save money on taxes. Contractor Invoicing. Sales Tax Returns.

Remodeling 73

Remodeling Contractors Cash Flow Work in Progress 73

Construction Business Owner

OCTOBER 26, 2011

While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. change orders. January 2009. December 2008. November 2008. October 2008. September 2008.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

MARCH 9, 2013

Some Contractors Hire Part Time Secretaries to do everything including construction bookkeeping and then wonder why their company debts keep growing and crushing them. Having all the job costs sorted and linked to each job in QuickBooks for Contractors. Tracking change orders in QuickBooks for Contractors for each job.

Contractors 48

Contractors Cash Flow Banking Change Orders 48

Contractor Bookkeeping

JULY 28, 2014

Payment Applications For Residential Remodel & Commercial Tenant Improvement Contractors. This is a FREE form we developed for our handymen and trade contractors to use on the jobsite and at their office because invoicing in QuickBooks can be difficult. Change Orders and Related Payments. Simple Invoice.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. This is a trap contractors often fall into.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Construction Business Owner

OCTOBER 14, 2011

« A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. change orders. Processes & Tools. January 2009.

Change Orders 120

Change Orders Construction Software Software 120

Autodesk Construction Cloud

JUNE 8, 2023

A connected bidding platform also simplifies how you manage field proposals from other contractors and subcontractors. And if you’re using Autodesk’s TradeTapp solution, you benefit from automated risk analysis tools that assess contractors and reduce risks during preconstruction. How do you accomplish this?

Profitability 98

Profitability Bidding Estimating Risk 98

cnstrctr

JULY 1, 2019

In order to determine who your report will be distributed to you need to first determine who your audience will be, there are two main audiences for reporting: Internal Reporting – is important for two reasons. Contractors charge fee on a project, and that fee is intended to go into the business.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

Construction Business Owner

OCTOBER 14, 2011

Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Discussion about change order difficulties tends to be one of two types.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

JANUARY 30, 2011

» Relationship between the designer and the contractor. One part of our industry that I simply cannot get my head around is the oftentimes adversarial relationship that exists between the building design professionals and the building contractors on a particular job. change orders. My How You’ve Grown!

Contractors 120

Contractors Design Software Software 120

Construction Business Owner

APRIL 1, 2011

One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. change orders. The good news? January 2009.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

FEBRUARY 28, 2014

If you are like most construction contractors your dream has turned into a bit of a nightmare which you cannot seem to wake up from. Perhaps it could be time for a shift is thinking and a radical change in the way you view the world. Perhaps it is time for you to experience: The Contractor Paradigm Shift!

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

NOVEMBER 3, 2012

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. The same goes with managing sub-contractors and suppliers.

Profitability 49

Profitability Bankruptcy Contractors Remodeling 49

Contractor Bookkeeping

MARCH 16, 2013

We Help Contractors Who Want The Company They Dreamed Of Owning. Most contractors love building things and meeting with customers. Seeing the joy on a homeowner's face when the new home is finished or when the big remodel is done gives contractors a lot of satisfaction and feelings of accomplishment.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Construction Business Owner

AUGUST 18, 2011

Many State and Federal projects require a contractor to be bonded. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. This report illustrates how a contractor bills a client versus the work they have actually completed. change orders.

Cash Flow 169

Cash Flow Software Software Accounting 169

Contractor Bookkeeping

MARCH 16, 2013

We Help Contractors Who Want The Company They Dreamed Of Owning. Most contractors love building things and meeting with customers. Seeing the joy on a homeowner's face when the new home is finished or when the big remodel is done gives contractors a lot of satisfaction and feelings of accomplishment.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Contractor Bookkeeping

JULY 18, 2012

Electrical Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often electrical contractors hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Electrical Contractors - Need people trained in construction bookkeeping not someone with experience in regular bookkeeping.

Electrical 48

Electrical Contractors Cash Flow Commissioning 48

Contractor Bookkeeping

JULY 18, 2012

Plumbing Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often plumbing contractors hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Plumbing Contractors - Need people trained in construction bookkeeping not someone with experience in regular bookkeeping.

Contractors 48

Contractors Cash Flow Commissioning Work in Progress 48

Contractor Bookkeeping

AUGUST 30, 2013

More Secrets From Our Experiences With Successful Contractors. The highly profitable contractors earn at least twice as much profit on each dollar of sales than average contractors and they enjoy more free time away from work. Subcontractors / Specialty Contractors. Change Order Management. Job Scheduling.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Contractor Bookkeeping

JULY 18, 2012

Commercial Tenant Improvement Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often Commercial Tenant Improvement Contractors hire a bookkeeper and end up with the wrong bookkeeper if they believe all bookkeepers are the same. Contractor Invoicing. Nothing is further from the truth.

Commercial 54

Commercial Contractors Remodeling Cash Flow 54

Contractor Bookkeeping

JUNE 18, 2013

The Contractor Paradigm. You will be a better contractor for it. We do not ask you to change who you are but rather encourage you to do what you do best and outsource the rest. We sincerely care about all contractors and want to do our part to help and support you. Poor scheduling affects production and cash flow.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Construction Business Owner

OCTOBER 26, 2011

I know a lot of contractors are getting into bidding season, and this got me thinking about communication. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. change orders.

Construction 160

Construction Software Software Bidding 160

Construction Business Owner

APRIL 26, 2012

Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Owners need your help to meet their goals, and they may be more amenable to approving change orders while you’re still on the job.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

FEBRUARY 16, 2012

» Contractors Seeking Credit Should Prepare to be Prepared. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

SEPTEMBER 27, 2011

A lot of contractors have asked me about Section 179. Most of these contractors are considering an investment in equipment or software, and they want to know if it can actually help their construction business. change orders. The Best Time to Go Live is…. The answer, in many circumstances, is yes. January 2009.

Construction 181

Construction Software Software Accounting 181

Contractor Bookkeeping

JUNE 15, 2012

New Contractor's Levels of Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Contractor's Licenses - Information changes rapidly so check online for your local county or contact us and we can help 206-361-3950 or email sharie@fasteasyaccounting.com.

Contractors 48

Contractors Insurance Claims Lien 48

Construction Business Owner

MAY 29, 2012

Contractors in today’s marketplace are caught in the middle of a paper and paperless culture. Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. change orders. Managing this information overload can be difficult. January 2009.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

NOVEMBER 8, 2011

It crystallizes our mission to make contractors’ jobs easier and we put that mission into our own words: “When better is possible, good is not enough.” For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” change orders.

Construction 175

Construction Software Software Accounting 175

Contractor Bookkeeping

JUNE 19, 2013

Fast Easy Accounting has numerous FREE downloadable Forms for ever contractor around the world to use. Contractors and other business owners have come from a local level (Washington State), national level (across the USA), and internationally including Canada, Australia, UK, India, South Africa and many other countries around the world.

Profitability 49

Profitability Cash Flow Accounting Construction 49