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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! 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.

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Choosing QuickBooks Version For Your Contracting Company

Contractor Bookkeeping

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. Which Of The Five Types Of Contracting Do You Do? We Contract - With An Intuit Authorized Commercial Host company that allows us to access QuickBooks Desktop Version Online.

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Contractor Sucess M.A.P. Podcast

Contractor Bookkeeping

Can Help You Overcome the challenges of Marketing, Accounting and Production by focusing on the keys to unlock your contracting company natural inclination to generate consistently high cash flow and profits. Back Office Support Can Make Or Break Your Contracting Company and that is where we come in.

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Do Contractors Need Every QuickBooks Feature?

Contractor Bookkeeping

For Example - The simple Profit & Loss Report Can Be Shown Four Different Ways With Little Effort. The First Two Profit & Loss Reports Show Accrual Basis Vs. Cash Basis. The Next Two Profit & Loss Reports Show Accrual Vs. Cash And % of Income. 2 Comparing your contracting company with your competitors. #3

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Contractor Breakeven Analysis Using QuickBooks

Contractor Bookkeeping

This means job costing and job profitability metrics must be used in conjunction with predetermined Universal Common Denominator(s) (UCD). If you are not 100% certain your QuickBooks setup is correct, you can contact Sharie at 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation. Square Feet.

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Cheap Contractor Bookkeeping Is The Most Expensive Bookkeeping

Contractor Bookkeeping

Because That Always Costs Them Profit Dollars In The End. Cheap material is one of the causes for warranty work which drains profits and runs up labor and material costs. And they will tend to stay with your construction company longer which will help you earn more profits. At 10% Profit You Need To Sell $15,544.20

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We Remove Contractors Unique Paperwork Frustrations

Contractor Bookkeeping

You started your contracting company to have fun, be your own boss and do the work you love. Generate Useful Profit & Loss Reports. To Make A Lot Of Money In Contracting. Including Alaska & Hawaii). We are a long way in the future before owners of small contracting companies can be 100% paperless.