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 Profitability Income 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 – New – Single, Multi-Family & Complexes. Residential – Renovations & Remodeling – Single, Multi-Family & Complexes. Procurement of Sub-Contractors. Governmental.

Estimating 68

Estimating Contractors Bidding Guidelines 68

Chianelli Estimating

AUGUST 6, 2020

social distancing, staggered start times, wide-ranging disinfection for tools, work surfaces, equipment, machinery and hands. Unfortunately the contractor with work in progress is most vulnerable. Residential Contractors are also affected by the Covid-19 pandemic. Accounting expanse. cost overruns. Legal expense.

Estimating 60

Estimating Residential Insurance Commercial 60

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 78

Contractors Office Work in Progress Profitability 78

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. Are there any back charge issues to be tracked?

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 58

Contractors Accounting Organization Remodeling 58

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 56

Contractors Accounting Banking Project Management 56

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

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 51

Contractors Accounting Organization Remodeling 51

Contractor Bookkeeping

MAY 25, 2013

Accounting Terms. costs in proper asset sub-accounts. Earned value reports are for journal entries offsetting contra-accounts in over/under billing. Hire bookkeeper or accountant who knows nothing about construction accounting to setup QuickBooks for Contractors and make a pig''s breakfast of it!

Profitability 51

Profitability Accounting Construction Schedule 51

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 49

Contractors Accounting Organization Remodeling 49

Contractor Bookkeeping

FEBRUARY 14, 2014

If you are a remodel contractor your core competencies revolve around bidding, proposing, closing deals, getting a deposit, scheduling the work, hiring construction workers and qualified sub-contractors, getting the work done and collecting the balance of your money. Who will service my account? Residential Remodel Contractors.

FAQ 51

FAQ Contractors Accounting Security 51

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 49

Accounting Construction Contractors Project Management 49

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 51

Accounting Contractors Project Management Change Orders 51

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

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 49

Accounting Contractors Project Management Change Orders 49

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. Flat Rate Pricing Available.

Accounting 49

Accounting Contractors Project Management Change Orders 49

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 49

Accounting Contractors Project Management Change Orders 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 49

Contract Accounting Income Contractors 49

Contractor Bookkeeping

JULY 18, 2012

You would never hire a construction worker with a background in residential roofing to be on your night crew doing a restaurant build out because they are trained to work outside in the sunshine and not be bothered with other trades. Typically they work in the daytime and sleep at night. Work In Progress (WIP) Reporting.

Commercial 55

Commercial Contractors Remodeling Cash Flow 55

Contractor Bookkeeping

SEPTEMBER 1, 2012

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. Our goal is to develop a long term working relationship with you. Your Answer: 2.

Accounting 48

Accounting Cash Flow Remodeling Consulting 48