Contractor Bookkeeping

JANUARY 4, 2013

The Contractors Accountant, Randal DeHart. I have been where you are now Having worked in the trades, owned and operated construction businesses and being trained in construction bookkeeping and accounting I understand what it takes to run a successful construction business. We know what to do!

Accounting 48

Accounting Contractors Project Management Remodeling 48

Contractor Bookkeeping

JUNE 13, 2012

Reports Tax Accountants Use Are Profit & Loss And Balance Sheet. It Doesn't Need To Know - Details about Costs of Goods Sold – it’s all material (or just an expense) because the annual tax return doesn’t need to know the details – it is not relevant to the tax accountant.

Accounting 48

Accounting Banking Income Profitability 48

Chianelli Estimating

DECEMBER 12, 2011

Evaluation of Sub-Contract work in progress . Account substantiation of Schedule of Values and monthly Application for Payment. Residential – Renovations & Remodeling – Single, Multi-Family & Complexes. Procurement of Sub-Contractors. Processing and formalizing Sub-Contract documents . Variations in project costs.

Estimating 68

Estimating Contractors Bidding Guidelines 68

Contractor Bookkeeping

JUNE 29, 2013

Later when the contractor asks for a job costing report, retention summary or a work-in-progress report the contractor''s bookkeeper gives that blank stare, deer in the headlights look and is overwhelmed, confused, dismayed and generally feeling as uncomfortable as long tailed cat in a room full of rocking chairs.

Contractors 72

Contractors Office Work in Progress Profitability 72

Contractor Bookkeeping

DECEMBER 11, 2013

1 Cash On Hand - This report shows you how much cash do you have in all your checking accounts, savings accounts, payroll accounts, hip national bank (your wallet) and petty cash box in your office. Xero Accounting Online To The Rescue! Need Complex Construction Accounting Reports. Xero Accounting Online Setup.

Contractors 51

Contractors Accounting Banking Project Management 51

Contractor Bookkeeping

JUNE 28, 2013

During QuickBooks setup and especially QuickBooks for contractors one of the most dangerous and difficult steps is setting the Chart of Accounts. Sample Chart of Accounts Groups. All Other Contractors - Will normally only need accounts from group #2 and #3. For a full description of each one click here.

Contractors 48

Contractors Accounting Income Work in Progress 48

Contractor Bookkeeping

OCTOBER 20, 2012

Do You Suspect Your Contractor Bookkeeper - Is overwhelmed trying to figure out how to do construction accounting and they are costing you more than they are worth in salary, fees and loss profits because you cannot get QuickBooks reports and financial reports when you need them? Contractor Bookkeeping Services.

Contractors 56

Contractors Accounting Organization Remodeling 56

Contractor Bookkeeping

JULY 18, 2012

Many Bookkeepers Have Been Stumped - Trying to force QuickBooks to do the accounting for commercial tenant improvement contractors and I understand and empathize with their plight. We spent years and thousands of dollars developing a process that works with QuickBooks. Work In Progress (WIP) Reporting. Sales Tax Returns.

Commercial 54

Commercial Contractors Remodeling Cash Flow 54

Contractor Bookkeeping

JULY 18, 2012

Spec Home Building - Is completely different from other construction accounting because the builder accumulates costs as assets until the HUD-1 statement is entered into QuickBooks. Professional Construction Accounting Firms - Have a Bookkeeping System to generate the same results every time. Work In Progress (WIP) Reporting.

Banking 54

Banking Remodeling Profitability Drawings 54

Contractor Bookkeeping

MAY 7, 2014

In reality bookkeeping is a bit like being a doctor; they work on two makes and one model and yet they require enormous amounts of skill and training. 1 Internal Bookkeeping which is the day-to-day data entry, reconciling bank accounts, credit card accounts, payroll processing and the other tasks with one primary purpose.

Accounting 48

Accounting Construction Retail Contractors 48

Contractor Bookkeeping

JANUARY 27, 2014

Construction Accounting Services For Home Builders. Spec Home Builders Have Unique Construction Accounting Needs : Keeping Track Of Specialty Contractor Costs - Is one of the most valuable things your contractors bookkeeping services can do for you. The best way is to use Purchase Orders in QuickBooks.

Contractors 48

Contractors Accounting Banking Profitability 48

Contractor Bookkeeping

JUNE 14, 2013

Do You Suspect Your Contractor Bookkeeper - Is overwhelmed trying to figure out how to do construction accounting and they are costing you more than they are worth in salary, fees and loss profits because you cannot get QuickBooks reports and financial reports when you need them? Are You Suffering Bad Contractor Bookkeeping Services Pain?

Contractors 49

Contractors Accounting Organization Remodeling 49

Contractor Bookkeeping

NOVEMBER 7, 2013

Is Freshbooks Accounting not working for your construction company? Freshbooks Accounting is a great program for small contractors but it may not the power to do what you need it to do. Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company?

Accounting 48

Accounting Construction Contractors Project Management 48

Contractor Bookkeeping

NOVEMBER 1, 2013

Is Xero Not Working For Your Construction Company? Xero Accounting is a great program for small contractors but it may not the power to do what you need it to do. Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company? QuickBooks Conversion.

Accounting 49

Accounting Contractors Project Management Change Orders 49

Contractor Bookkeeping

DECEMBER 7, 2012

Do You Suspect Your Contractor Bookkeeper - Is overwhelmed trying to figure out how to do construction accounting and they are costing you more than they are worth in salary, fees and loss profits because you cannot get QuickBooks reports and financial reports when you need them? Contractor Bookkeeping Services For Contractors.

Contractors 48

Contractors Accounting Organization Remodeling 48

Contractor Bookkeeping

JULY 22, 2014

The Fast Easy Outsourced Accounting Difference: All of your Outsourced Accounting work is done in our office in Lynnwood Washington, not sent oversees or to some Bad Bookkeepers house. Flat Rate Pricing For Outsourced Bookkeeping And Outsourced Accounting. Work In Progress (WIP) Reporting.

Accounting 49

Accounting Contractors Project Management Washington 49

Contractor Bookkeeping

NOVEMBER 25, 2013

Do you own a general construction company that specializes in residential remodeling or a commercial tenant improvement construction company? Maybe you own a construction contractor company that needs to track Job Deposits, Progress Billing, Estimates Vs. QuickBooks Desktop Version In The Cloud Works Best If You: Take Job Deposits.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

It is similar to the reason why eventhough a $50 circular saw is a bargain at first, most construction contractors agree it really only works well for handyman doing some minor projects and it simply is not robust enough for a general contractor. Quicken Works Best If You: Have Simple Jobs With One Invoice. Sales Tax Returns.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

It is similar to the reason why a $50 circular saw is a bargain at first glance yet most construction contractors agree it really only works well for handyman doing some minor projects and it simply is not robust enough for a general contractor. Quicken For Mac Works Best If You: Have Simple Jobs With One Invoice. Sales Tax Returns.

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

JULY 18, 2012

Custom Home Building - Is similar to other construction accounting because the custom home builder accumulates costs in the Cost of Goods area of QuickBooks. Professional Construction Accounting Firms - Have a Bookkeeping System to generate the same results every time. Work In Progress (WIP) Reporting. We know what to do!

Cash Flow 48

Cash Flow Remodeling Profitability Banking 48

Contractor Bookkeeping

OCTOBER 11, 2013

Recently A Builder Who Constructs Spec And Custom Homes as well as a few custom remodel projects contacted us because his in house bookkeeper could not provide him with Job Costing Reports or Work-In-Progress Reports that made any sense. Tax preparers make horrible construction accountants and the other way around!

Office 48

Office Accounting Profitability Contractors 48

Contractor Bookkeeping

SEPTEMBER 29, 2012

Did You Know - That your Construction Company can have all of the benefits of a professional construction accounting staff in most cases for less than it costs to hire someone to be in your office? Emergency Accounting Services Nights And Weekends! Work In Progress (WIP) Reporting. Pay Application Invoicing For Remodel.

Construction 48

Construction Accounting Contractors Profitability 48

Contractor Bookkeeping

FEBRUARY 14, 2014

We all know about the idea that if you can get someone to agree to hire you to work ten hours a day for thirty days and only get paid $.01 The first step in Best Practices is "M" for "Marketing" then "A" for "Accounting" followed by ""P" for "Production". Who will service my account? Residential Remodel Contractors.

FAQ 49

FAQ Contractors Accounting Security 49

Contractor Bookkeeping

AUGUST 15, 2014

QuickBooks - Is a tool like any other tool in the hands of a Master Construction Accountant it can do marvelous things that will amaze even the toughest contractor, their banker and performance bonding agent. In the hands of an accountant or C.P.A. it can destroy your construction company.

Contract 48

Contract Accounting Income Contractors 48

Contractor Bookkeeping

SEPTEMBER 27, 2013

Now you are really desperate so you call the person who does your taxes and they say to put everything in Cost of Goods Sold (COGS) or Expenses and when you try to explain why that doesn''t work they suggest you are not listening to them. Work In Progress (WIP) Reporting. Pay Application Invoicing For Remodel Projects.

Banking 48

Banking Change Orders Accounting Cash Flow 48

Contractor Bookkeeping

JANUARY 14, 2013

Did You Know - That your construction company can have all of the benefits of a professional construction accounting staff in most cases for less than it costs to hire someone to be in your office? Emergency Accounting Services Nights And Weekends! Work In Progress (WIP) Reporting. Pay Application Invoicing For Remodel.

Contractors 55

Contractors Profitability Accounting Insurance 55

Contractor Bookkeeping

JANUARY 3, 2014

The Old Way Contractors Invoiced was as much or more work than doing of the job itself. The reason is simple; the difference between a construction accounting and regular accounting is similar to the difference between a shovel and a backhoe. I am so good at construction accounting of course I can operate a backhoe.NOT!

Accounting 48

Accounting Contractors Profitability Project Management 48

Contractor Bookkeeping

JANUARY 3, 2014

The Old Way Contractors Invoiced was as much or more work than doing of the job itself. The reason is simple; the difference between a construction accounting and regular accounting is similar to the difference between a shovel and a backhoe. I am so good at construction accounting of course I can operate a backhoe.NOT!

Accounting 48

Accounting Contractors Profitability Project Management 48

Contractor Bookkeeping

SEPTEMBER 1, 2012

Common types of items I find in the subject lines in my spam filter: Bathroom remodels. How can we be of help with accounting, bookkeeping or consulting? Step 3: We agree on a plan of action, determine pricing, when you say yes we go to work! Construction accounting holds the answers to the WHO Questions: Who owes you money.

Accounting 48

Accounting Cash Flow Remodeling Consulting 48

Contractor Bookkeeping

JUNE 19, 2012

A Professional Estimating Service - May be the right answer because they are “Professional’s” who act in a similar fiduciary capacity as other such as your Construction Accountant or lawyer. Each State Has Its Own Set Of Rules - On who must be licensed, pay additional state and local taxes. We know What To Do!

Contractors 48

Contractors Bidding Estimating Accounting 48

Contractor Bookkeeping

JUNE 26, 2013

We have been Construction Accountants a long, long time and around construction even longer. We are experienced in the different phases of construction contracting; New Construction, Remodel and Service Work. We understand the unique needs of each type of contracting including issues surrounding Work-In-Progress (W.I.P.),

Accounting 48

Accounting Contractors Seattle Consulting 48

Contractor Bookkeeping

JUNE 26, 2013

We have been Construction Accountants a long, long time and around construction even longer. We are experienced in the different phases of construction contracting; New Construction, Remodel and Service Work. We understand the unique needs of each type of contracting including issues surrounding Work-In-Progress (W.I.P.),

Contractors 48

Contractors Accounting Seattle Consulting 48

Natural Building

JUNE 20, 2020

Here is his account and photos of his latest work. Our home is a work in progress: built Mexican style, pay as you go, and leave the re-bar sticking out for future additions. When you start to think about a long-lasting house, it’s best to build so that remodeling is possible (probable).

Concrete 52

Concrete Remodeling Work in Progress Housing 52

Contractor Bookkeeping

MAY 27, 2013

Work In Progress (WIP) Reporting. Preparing Pay Application Invoicing For Remodel. QuickBooks Setup Has Three Main Phases, Chart of Accounts, Item List, Customers, Vendors, Employees, Payroll, cleanup the existing data and input the transactions that are behind. Sales Tax Returns. Payroll Processing. Contractor Invoicing.

Software 48

Software Software Contractors Construction 48