Contractor Bookkeeping

JUNE 1, 2018

The last thing you want to do in give your banker or investor a Profit & Loss Report showing your company is losing massive amounts of money simply because QuickBooks was set up wrong for your type of business. Knowing how to use Work-In-Progress, Direct and Indirect Construction Costs is key.

Work in Progress 50

Work in Progress Overhead Accounting Profitability 50

Contractor Bookkeeping

AUGUST 16, 2013

Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Sales - Expenses) = Profit. Expenses - Overhead required to maintain business operations. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. -.

Work in Progress 60

Work in Progress Accounting Construction Leases 60

Contractor Bookkeeping

MAY 29, 2013

Knowing in advance which jobs have the highest probability of success and profit before getting involved moves your construction company from an unpredictable roller coaster to a peaceful merry-go-round. It will depend on your particular construction company and what markets you serve.

Profitability 49

Profitability Contractors New York City New York 49

Contractor Bookkeeping

AUGUST 27, 2014

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!

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Contractor Bookkeeping

JUNE 11, 2013

Having QuickBooks Setup the right way for construction is the foundation for having a useful job costing reporting system. Construction accountants think holistically because Job Costing Reports are not the same as Profit and Loss reports. The least popular, most profitable and easiest way is learning from other people''s experiences.

Accounting 48

Accounting Bankruptcy Profitability Contractors 48

Contractor Bookkeeping

MAY 27, 2013

Work In Progress (WIP) Reporting. per hour plus taxes and overhead) adds 5,058 to the cost of the software. A properly setup QuickBooks contractor file will do everything a contractor with less than $5,000,000 in sales will need including generating reports for: Monthly And Quarterly Tax Returns. Sales Tax Returns.

Software 48

Software Software Contractors Construction 48

Contractor Bookkeeping

JULY 24, 2014

Work In Progress (WIP) Reporting. Construction Accounting is built on a foundation of regular accounting and shares the same basic financial reports for operating and growing a business and preparing annual tax returns and some very rudimentary management decisions. Standard Invoicing Service. Retention Tracking System.

Contractors 49

Contractors Accounting Banking Project Management 49