ProcurementExpress.com

JANUARY 2, 2019

Work in progress figures might not sound like something you need to think much about. Real-time work-in-progress figures, or WIP, allow teams to become more efficient, effective, and remain in control. This means that contractors have not billed for completed work. Slow Work in Progress Figures Just Don’t Work.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

ProcurementExpress.com

JANUARY 2, 2019

Work in progress figures might not sound like something you need to think much about. Real-time work-in-progress figures, or WIP, allow teams to become more efficient, effective, and remain in control. This means that contractors have not billed for completed work. Slow Work in Progress Figures Just Don’t Work.

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Contractor Bookkeeping

JANUARY 16, 2013

Income Tax Preparers - Earn money filling out tax forms, not doing QuickBooks cleanup for construction! Income Tax Preparers Are Paid To Fill Out Tax Forms! Income Tax Preparers Are Paid To Fill Out Tax Forms! 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

FEBRUARY 14, 2014

It includes a brief overview of our outsourced contractors bookkeeping system that allows us to service a number of combinations of construction companies including: One Income Contractors: Handyman Services. Multiple Income Contractors: Handyman + General + Remodel. QuickBooks Works Best If You: Takes Job Deposits.

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

MAY 31, 2013

Back In The “Old Days” a set of scales was used – one side for income and other for expenses. We use QuickBooks for Contractors and our customized QuickBooks setup is designed to facilitate built in job costing reports plus being able to nicely export to our Excel based pay application. We have a process for managing change orders.

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MAY 31, 2013

Back In The “Old Days” a set of scales was used – one side for income and other for expenses. We use QuickBooks for Contractors and our customized QuickBooks setup is designed to facilitate built in job costing reports plus being able to nicely export to our Excel based pay application. We have a process for managing change orders.

Contractors 48

Contractors Accounting Change Orders Software 48

Contractor Bookkeeping

MARCH 25, 2014

After you have obtained your bond, the surety will likely ask you to prepare quarterly schedules of work in progress. This includes such information as whether you have overbilled or underbilled the project – change order issues, revisions to cost estimates, estimated final gross profits and anticipated completion dates.

Cash Flow 52

Cash Flow Accounting Profitability Work in Progress 52